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REGISTERED NUMBER: 10514079 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

DEAN PROPERTY SERVICES

(NORTH) LIMITED

| DEAN PROPERTY SERVICES |

| (NORTH) LIMITED (REGISTERED NUMBER: 10514079) |

Contents of the Financial Statements

for the year ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| DEAN PROPERTY SERVICES |

| (NORTH) LIMITED |

Company Information

for the year ended 31 March 2025

| Directors: | M E O'Donnell

| J C P Beever

| Registered office: | Springfield House

| Water Lane

| Wilmslow

| Cheshire

| SK9 5BG

| Registered number: | 10514079 (England and Wales)

| Auditors: | S&W Audit

| Northern Assurance Buildings

| 9-21 Princess Street

| Manchester

| M2 4DN

| DEAN PROPERTY SERVICES |

| (NORTH) LIMITED (REGISTERED NUMBER: 10514079) |

Balance Sheet

31 March 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Investment property | 5 | 1,850,000 |  | 1,800,000 |  |

Current assets

Cash at bank | 84,015 |  | 8,555 |  |

Creditors

Amounts falling due within one year | 6 | 752,701 |  | 757,082 |  |

Net current liabilities | (668,686 | ) | (748,527 | ) |

Total assets less current liabilities | 1,181,314 |  | 1,051,473 |  |

Provisions for liabilities | 119,000 |  | 106,000 |  |

Net assets | 1,062,314 |  | 945,473 |  |

Capital and reserves

Called up share capital | 7 | 100 |  | 100 |  |

Revaluation reserve | 8 | 417,979 |  | 380,979 |  |

Retained earnings | 644,235 |  | 564,394 |  |

Shareholders' funds | 1,062,314 |  | 945,473 |  |

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

M E O'Donnell - Director

| DEAN PROPERTY SERVICES |

| (NORTH) LIMITED (REGISTERED NUMBER: 10514079) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | Statutory information

| Dean Property Services (North) 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. | 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 as modified by the revaluation of certain assets.

| The balance sheet shows that the company has net current liabilities but overall net assets at the year end. The company is dependent on the support of its parent company and that company has confirmed it will provide any necessary support.

| The directors consider it appropriate to prepare the financial statements on the going concern basis.

| Significant judgements and estimates

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future event that are believed to be reasonable under the circumstances.

| There are not considered to be any critical judgements in applying the company's accounting policies.

| The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results.

| Property valuation

| The fair value assessment of the investment properties is deemed to be the only significant accounting estimate which has a risk of causing a material adjustment within the next financial year. The properties were valued on an open market basis by the directors at the year end. The directors consider the market data available, the condition of the properties and rental yields when assessing the fair value of the properties.

| Turnover

| Turnover represents rents receivable for the period, net of value added tax.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is charged or credited to the profit and loss account as other operating income.

| Although this accounting policy is in accordance with FRS 102 Section 1A it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

| DEAN PROPERTY SERVICES |

| (NORTH) LIMITED (REGISTERED NUMBER: 10514079) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

3. | Accounting policies - continued

| Financial instruments

| The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

| (i) Financial assets

| Basic financial assets, including trade and other debtors and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Such assets are subsequently carried at amortised cost using the effective interest method.

| There are no assets which are initially measured at fair value.

| (ii) Financial liabilities

| Basic financial liabilities, including trade and other creditors, bank loans, loans from fellow group companies that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4. | Employees and directors

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

| DEAN PROPERTY SERVICES |

| (NORTH) LIMITED (REGISTERED NUMBER: 10514079) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

5. | Investment property

Total |

| £

| Fair value

| At 1 April 2024 | 1,800,000 |  |

| Revaluations | 50,000 |  |

| At 31 March 2025 | 1,850,000 |  |

| Net book value

| At 31 March 2025 | 1,850,000 |  |

| At 31 March 2024 | 1,800,000 |  |

| Fair value at 31 March 2025 is represented by:

| £

| Valuation in 2025 | 536,979 |  |

| Cost | 1,313,021 |  |

1,850,000 |  |

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

2025 | 2024 |

| £ | £

| Cost | 1,313,021 |  | 1,313,021 |  |

| Investment property was valued on an open market basis on 31 March 2025 by a director .

6. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Amounts owed to group undertakings | 722,636 |  | 728,759 |  |

| Taxation and social security | 26,614 |  | 26,573 |  |

| Other creditors | 3,451 |  | 1,750 |  |

752,701 |  | 757,082 |  |

7. | Called up share capital

| Allotted, issued and fully paid:

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

value: |  | £ | £

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

| DEAN PROPERTY SERVICES |

| (NORTH) LIMITED (REGISTERED NUMBER: 10514079) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

8. | Reserves

Revaluation |

reserve |

| £

| At 1 April 2024 | 380,979 |  |

| Fair value adjustments | 37,000 |  |

| At 31 March 2025 | 417,979 |  |

9. | Disclosure under Section 444(5B) of the Companies Act 2006

| The Report of the Auditors was unqualified.

| Antony Sassen (Senior Statutory Auditor)

| for and on behalf of S&W Audit

10. | Related party disclosures

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'Section 1A'. 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. | Ultimate controlling party

| The Company is a wholly owned subsidiary of Dean Property Group Limited, which is controlled by M E O'Donnell.

| The smallest and largest group in which the results of the Company are consolidated is that headed by Dean Property Group Limited, incorporated in England. Copies of Dean Property Group Limited's financial statements are available from its registered office at Springfield House, Water Lane, Wilmslow, Cheshire SK9 5BG.