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REGISTERED NUMBER: 10705551 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 April 2025 |

| for |

| Cotswold Property Ltd |

| Cotswold Property Ltd (Registered number: 10705551) |

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Cotswold Property Ltd |

Company Information

for the Year Ended 30 April 2025

| DIRECTOR: | P D E Smith

| REGISTERED OFFICE: | Unit 11 Oxleaze Farm Workshops

| Filkins

| Lechlade

| Gloucestershire

| GL7 3RB

| REGISTERED NUMBER: | 10705551 (England and Wales)

| Cotswold Property Ltd (Registered number: 10705551) |

Balance Sheet

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 5 | 2,099 |  | 2,279 |  |

Tangible assets | 6 | 48,918 |  | 28,249 |  |

51,017 |  | 30,528 |  |

CURRENT ASSETS

Stocks | 62,709 |  | 154,578 |  |

Debtors | 7 | 212,963 |  | 229,886 |  |

Cash at bank | 98,958 |  | 51,764 |  |

374,630 |  | 436,228 |  |

CREDITORS

Amounts falling due within one year | 8 | 265,814 |  | 280,670 |  |

NET CURRENT ASSETS | 108,816 |  | 155,558 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 159,833 |  | 186,086 |  |

PROVISIONS FOR LIABILITIES | 9,294 |  | 7,062 |  |

NET ASSETS | 150,539 |  | 179,024 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Capital redemption reserve | 1 |  | 1 |  |

Retained earnings | 150,537 |  | 179,022 |  |

150,539 |  | 179,024 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2025 and were signed by:

P D E Smith - Director

| Cotswold Property Ltd (Registered number: 10705551) |

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| Cotswold Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Construction contracts

| Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the balance sheet date. This is normally measured by the proportion that contract costs incurred for work performed to date bear to the estimated total contract costs, except where this would not be representative of the stage of completion. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.

| Where the outcome of a construction contract cannot be estimated reliably, contract revenue is recognised to the extent of contract costs incurred where it is probable they will be recoverable. Contract costs are recognised as expenses in the period in which they are incurred.

| When it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised as an expense immediately.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of sixteen years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised.

| Depreciation and residual values

| Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life as follows:

| Plant and machinery and tools - 33% straight line basis

| Motor vehicles - 33% straight line basis

| Computer equipment - Straight line basis over 6 years

| The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any changes is accounted for prospectively.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Cotswold Property Ltd (Registered number: 10705551) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Current tax is the amount of income tax payable in respect of the taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end.

| Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amount expected to be paid to the tax authorities.

| Deferred tax

| Deferred tax arises from timing differences that are differences between taxable profit and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessment in periods different from those in which are recognised in financial statements.

| Deferred tax is recognised on all timing differences at the reporting date except for certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Cash and cash equivalent

| Cash and cash equivalents includes cash in hand, deposits held at call with banks and other short-term highly liquid investments with original maturities of three months or less.

| Share capital

| Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

| Distributions to equity holders

| Dividends and other distributions to company's shareholders are recognised as a liability in the financial statements in the period in which the dividends and other distributions are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

| Related party transactions

| The company discloses transactions with related parties which are not wholly owned with the same group. It does not disclose transactions with members of the same group that are wholly owned.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

| Cotswold Property Ltd (Registered number: 10705551) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

5. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 May 2024

| and 30 April 2025 | 3,000 |  |

| AMORTISATION

| At 1 May 2024 | 721 |  |

| Amortisation for year | 180 |  |

| At 30 April 2025 | 901 |  |

| NET BOOK VALUE

| At 30 April 2025 | 2,099 |  |

| At 30 April 2024 | 2,279 |  |

6. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Motor |  | Computer |

| property |  | machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 May 2024 | - |  | 30,674 |  | 28,265 |  | 5,439 |  | 64,378 |  |

| Additions | 9,687 |  | 40,214 |  | - |  | 2,145 |  | 52,046 |  |

| At 30 April 2025 | 9,687 |  | 70,888 |  | 28,265 |  | 7,584 |  | 116,424 |  |

| DEPRECIATION

| At 1 May 2024 | - |  | 13,478 |  | 19,908 |  | 2,743 |  | 36,129 |  |

| Charge for year | 484 |  | 22,939 |  | 6,690 |  | 1,264 |  | 31,377 |  |

| At 30 April 2025 | 484 |  | 36,417 |  | 26,598 |  | 4,007 |  | 67,506 |  |

| NET BOOK VALUE

| At 30 April 2025 | 9,203 |  | 34,471 |  | 1,667 |  | 3,577 |  | 48,918 |  |

| At 30 April 2024 | - |  | 17,196 |  | 8,357 |  | 2,696 |  | 28,249 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 205,422 |  | 210,020 |  |

| Prepayments and accrued income | 7,541 |  | 19,866 |  |

212,963 |  | 229,886 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 13,147 |  | 24,421 |  |

| Hire purchase contracts | 8,709 |  | - |  |

| Trade creditors | 91,776 |  | 108,264 |  |

| Tax | 3,036 |  | 11,747 |  |

| Social security and other taxes | 18,225 |  | 18,493 |  |

| VAT | 89,414 |  | 67,823 |  |

| Other creditors | 25,495 |  | 35,513 |  |

| Directors' current accounts | 2,233 |  | 1,023 |  |

| Accruals and deferred income | 13,779 |  | 13,386 |  |

265,814 |  | 280,670 |  |

| Cotswold Property Ltd (Registered number: 10705551) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 | 2024 |

£ | £ |

| P D E Smith

| Balance outstanding at start of year | (1,023 | ) | (935 | ) |

| Amounts advanced | - |  | 224 |  |

| Amounts repaid | (1,210 | ) | (312 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (2,233 | ) | (1,023 | ) |