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REGISTERED NUMBER: 10181152 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| P AND L PROPERTY SERVICES 1 LTD |

P AND L PROPERTY SERVICES 1 LTD (REGISTERED NUMBER: 10181152)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

P AND L PROPERTY SERVICES 1 LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | Mr P Barber

| REGISTERED OFFICE: | 525e Hertford Road

| Enfield

| EN3 5UA

| REGISTERED NUMBER: | 10181152 (England and Wales)

| ACCOUNTANTS: | Acuity Professional Partnership LLP

| Unit 2.02 High Weald House

| Glovers End, Bexhill,

| East Sussex,

| United Kingdom

| TN39 5ES

P AND L PROPERTY SERVICES 1 LTD (REGISTERED NUMBER: 10181152)

STATEMENT OF FINANCIAL POSITION

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 1,793,377 |  | 1,793,512 |  |

CURRENT ASSETS

Investments | 5 | 13,999 |  | 12,287 |  |

Cash at bank | 67 |  | 17 |  |

14,066 |  | 12,304 |  |

CREDITORS

Amounts falling due within one year | 6 | 4,228 |  | 4,104 |  |

NET CURRENT ASSETS | 9,838 |  | 8,200 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,803,215 |  | 1,801,712 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 1,793,377 |  | 1,793,513 |  |

NET ASSETS | 9,838 |  | 8,199 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 9,738 |  | 8,099 |  |

SHAREHOLDERS' FUNDS | 9,838 |  | 8,199 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

P AND L PROPERTY SERVICES 1 LTD (REGISTERED NUMBER: 10181152)

STATEMENT OF FINANCIAL POSITION - continued

31 MARCH 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 December 2025 and were signed by:

Mr P Barber - Director

P AND L PROPERTY SERVICES 1 LTD (REGISTERED NUMBER: 10181152)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| P And L Property Services 1 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. | 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.

| 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

| TAXATION

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | FIXED ASSET INVESTMENTS

| Investments (neither listed nor unlisted) were as follows:

2025 | 2024 |

£ | £ |

| Investments in LLP | 1,793,377 |  | 1,793,512 |  |

5. | CURRENT ASSET INVESTMENTS

2025 | 2024 |

£ | £ |

| Investment in LLP | 13,999 |  | 12,287 |  |

P AND L PROPERTY SERVICES 1 LTD (REGISTERED NUMBER: 10181152)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

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

2025 | 2024 |

£ | £ |

| Taxation and social security | 385 |  | 372 |  |

| Other creditors | 3,843 |  | 3,732 |  |

4,228 |  | 4,104 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 1,793,377 |  | 1,793,513 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 1,793,377 |  | 1,793,513 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |