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REGISTERED NUMBER: 10836651 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Wedge Property Portfolio Limited

| Wedge Property Portfolio Limited (Registered number: 10836651) |

Contents of the Financial Statements

for the Year Ended 30 June 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Wedge Property Portfolio Limited |

Company Information

for the Year Ended 30 June 2025

| DIRECTOR: | P Wedge

| REGISTERED OFFICE: | Haybarn

| Dye House Lane

| Thursley

| Surrey

| GU8 6QN

| REGISTERED NUMBER: | 10836651 (England and Wales)

| ACCOUNTANTS: | Butler & Co Alresford Limited

| Chartered Accountants

| The Old Stables

| Sutton Manor Farm

| Bishops Sutton

| Alresford

| Hampshire

| SO24 0AA

| Wedge Property Portfolio Limited (Registered number: 10836651) |

Balance Sheet

30 June 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | - |  |

Investment property | 5 | 1,035,000 |  | 1,035,000 |  |

1,035,000 |  | 1,035,000 |  |

CURRENT ASSETS

Debtors | 6 | 1,640 |  | 1,920 |  |

Cash at bank | 77,410 |  | 71,042 |  |

79,050 |  | 72,962 |  |

CREDITORS

Amounts falling due within one year | 7 | 780,197 |  | 781,526 |  |

NET CURRENT LIABILITIES | (701,147 | ) | (708,564 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 333,853 |  | 326,436 |  |

PROVISIONS FOR LIABILITIES | 8 | 56,678 |  | 56,678 |  |

NET ASSETS | 277,175 |  | 269,758 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Fair value reserve - non-distributable | 241,626 |  | 241,626 |  |

Retained earnings | 35,449 |  | 28,032 |  |

SHAREHOLDERS' FUNDS | 277,175 |  | 269,758 |  |

| Wedge Property Portfolio Limited (Registered number: 10836651) |

Balance Sheet - continued

30 June 2025

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 5 November 2025 and were signed by:

P Wedge - Director

| Wedge Property Portfolio Limited (Registered number: 10836651) |

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | STATUTORY INFORMATION

| Wedge Property Portfolio Limited 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. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| The director considers the use of the going concern basis of accounting appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern. The financial statements have therefore been prepared on a going concern basis. The director has confirmed that he will continue to support the company and will not recall his loan if it would render the company unable to pay its liabilities as they fall due.

| Turnover

| Turnover represents net invoiced rent receivable, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Computer equipment | - | 33% on cost

| Investment property

| Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in the fair value is recognised in the Income Statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. | EMPLOYEES

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

| Wedge Property Portfolio Limited (Registered number: 10836651) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 1,088 |  |

| DEPRECIATION

| At 1 July 2024

| and 30 June 2025 | 1,088 |  |

| NET BOOK VALUE

| At 30 June 2025 | - |  |

| At 30 June 2024 | - |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 July 2024

| and 30 June 2025 | 1,035,000 |  |

| NET BOOK VALUE

| At 30 June 2025 | 1,035,000 |  |

| At 30 June 2024 | 1,035,000 |  |

| Fair value at 30 June 2025 is represented by:

£ |

| Valuation in 2022 | 298,304 |  |

| Cost | 736,696 |  |

1,035,000 |  |

| If investment properties had not been revalued they would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 736,696 |  | 736,696 |  |

| Investment properties were valued on an open market basis on 30 June 2025 by Mr P Wedge, the director .

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

2025 | 2024 |

£ | £ |

| Trade debtors | 1,640 |  | 1,920 |  |

| Wedge Property Portfolio Limited (Registered number: 10836651) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

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

2025 | 2024 |

£ | £ |

| Corporation tax | 1,740 |  | 4,216 |  |

| Wedge Asset Management Limited | 14,696 |  | 14,296 |  |

| Director's loan account | 761,961 |  | 760,614 |  |

| Accruals and deferred income | 1,800 |  | 2,400 |  |

780,197 |  | 781,526 |  |

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax

| Property revaluations | 56,678 |  | 56,678 |  |

| Deferred |

| tax |

£ |

| Balance at 1 July 2024 | 56,678 |  |

| Unrelieved property losses |

| Balance at 30 June 2025 | 56,678 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 97 | Ordinary | £1 | 97 |  | 97 |  |

| 1 | Ordinary 'A' | £1 | 1 |  | 1 |  |

| 1 | Ordinary 'B' | £1 | 1 |  | 1 |  |

| 1 | Ordinary 'C' | £1 | 1 |  | 1 |  |

100 |  | 100 |  |

| The Ordinary shares, 'A', 'B' and 'C' shares shall rank pari passu in all respects except that dividends may be paid to the holders of one or more classes of shares to the exclusion of the other at the director's discretion.

| Wedge Property Portfolio Limited (Registered number: 10836651) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

10. | RELATED PARTY DISCLOSURES

| Mr P Wedge

| Director

| During the period under review Mr P Wedge made purchases on behalf of the company amounting to £5,079 (2024 - £5,057).

| Wedge Asset Management Limited

| During the period under review the company paid consultancy fees amounting to £15,400 (2024 - £16,800) to Wedge Asset Management Limited, a company under the common control of the director and majority shareholder.

| Balance due to/(from) related party at balance sheet date: |  | 2025 |  |  | 2024 |  |

|  | £ |  |  | £ |  |

| Mr P Wedge |  | 761,961 |  |  | 760,614 |  |

| Wedge Asset Management Limited |  | 14,696 |  |  | 14,296 |  |

11. | ULTIMATE CONTROLLING PARTY

| During the period under review the company was under the control of Mr P Wedge, the sole director and majority shareholder.