Company No: 15952382 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.07.2025
		£
Fixed assets
Investment property	3	197,348
		197,348
Current assets
Debtors	4	100
Cash at bank and in hand		2,479
		2,579
Creditors: amounts falling due within one year	5	( 70,191)
Net current liabilities		(67,612)
Total assets less current liabilities		129,736
Creditors: amounts falling due after more than one year	6	( 138,135)
Net liabilities		( 8,399)
Capital and reserves
Called-up share capital	7	100
Profit and loss account		( 8,499 )
Total shareholders' deficit		( 8,399)

For the financial period ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Evermore Property Group Limited (registered number: 15952382) were approved and authorised for issue by the Board of Directors on 12 December 2025. They were signed on its behalf by:

D Puddy Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Evermore Property Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Blakes Barn Blakes Lane, Wembdon, Bridgwater, TA5 2BE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £8,399. The Company is supported through loans from the Parent Company. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for property rental income in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Rental income received in advance of the period to which it relates is included as deferred income within other creditors on the balance sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

The gain or loss arising on the disposal of any investment property is determined as the difference between the sale proceeds and the fair value of the property, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Period from 12.09.2024 to 31.07.2025
	Number
Monthly average number of persons employed by the Company during the period, including directors	1

3. Investment property

	Investment property
	£
Valuation
As at 12 September 2024	0
Additions	197,348
As at 31 July 2025	197,348

The company's investment property was acquired during the year and therefore the directors consider the balance carried forward is materially correct.

4. Debtors

	31.07.2025
	£
Trade debtors	100

5. Creditors: amounts falling due within one year

	31.07.2025
	£
Bank loans (secured)	3,191
Amounts owed to Parent undertakings	65,800
Accruals	1,200
	70,191

Amounts owed to Parent undertakings are repayable and do not bear interest.

6. Creditors: amounts falling due after more than one year

	31.07.2025
	£
Bank loans (secured)	138,135

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	31.07.2025
	£
Bank loans (secured)	123,842

Within bank loans is a balance of £141,326 which is secured by a charge against the property to which the mortgages relate. The property is held within investment properties on the balance sheet.

7. Called-up share capital

	31.07.2025
	£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100

During the year, 100 Ordinary shares were allotted upon incorporation at par.

8. Ultimate controlling party

Parent Company:

Evermore Holdings Limited

2 Blakes Barn Blakes Lane Wembdon Bridgwater Somerset United Kingdom TA5 2BE