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REGISTERED NUMBER: OC389566 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

SECG Properties LLP

| SECG Properties LLP (Registered number: OC389566) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| General Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| SECG Properties LLP |

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | West Country (Holdings) Limited

| Seek Holdings Limited

| REGISTERED OFFICE: | 1st Floor

| 314 Regents Park Road

| Finchley

| London

| N3 2LT

| REGISTERED NUMBER: | OC389566 (England and Wales)

| ACCOUNTANTS: | Wolfson Associates Limited

| 1st Floor

| 314 Regents Park Road

| Finchley

| London

| N3 2LT

| SECG Properties LLP (Registered number: OC389566) |

Statement of Financial Position

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 4,096,671 |  | 4,096,671 |  |

CURRENT ASSETS

Debtors | 5 | 98,183 |  | 90,366 |  |

Cash at bank | 89,330 |  | 112,081 |  |

187,513 |  | 202,447 |  |

CREDITORS

Amounts falling due within one year | 6 | 134,699 |  | 136,016 |  |

NET CURRENT ASSETS | 52,814 |  | 66,431 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,149,485 |  | 4,163,102 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 2,150,000 |  | 2,150,000 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 1,999,485 |  | 2,013,102 |  |

| SECG Properties LLP (Registered number: OC389566) |

Statement of Financial Position - continued

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 9 | 201,228 |  | 222,057 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 1,798,257 |  | 1,791,045 |  |

1,999,485 |  | 2,013,102 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 9 | 201,228 |  | 222,057 |  |

Members' other interests | 1,798,257 |  | 1,791,045 |  |

Amounts due from members | 5 | (94,882 | ) | (74,200 | ) |

1,904,603 |  | 1,938,902 |  |

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 26 September 2025 and were signed by:

West Country (Holdings) Limited - Designated member

| SECG Properties LLP (Registered number: OC389566) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| SECG Properties LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 4,096,671 |  |

| NET BOOK VALUE

| At 31 March 2025 | 4,096,671 |  |

| At 31 March 2024 | 4,096,671 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | - |  | 12,500 |  |

| Amounts due from members | 94,882 |  | 74,200 |  |

| Other debtors | 3,276 |  | 3,643 |  |

| Prepayments and accrued income | 25 |  | 23 |  |

98,183 |  | 90,366 |  |

| SECG Properties LLP (Registered number: OC389566) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 7,319 |  | 5,825 |  |

| VAT | 6,830 |  | 5,875 |  |

| Other creditors | 636 |  | 636 |  |

| Accruals and deferred income | 119,914 |  | 123,680 |  |

134,699 |  | 136,016 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans - more than 1 yr | 2,150,000 |  | 2,150,000 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 2,150,000 |  | 2,150,000 |  |

| The loans are secured by way of a charge over the companies properties.

9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed to members in respect of profits | 201,228 |  | 222,057 |  |

| Falling due within one year | 201,228 |  | 222,057 |  |

| Loans and other debts due to Members rank equally with debts due to ordinary creditors in a winding up.

10. | RELATED PARTY DISCLOSURES

| Expenses include £30,128 (2024 - £22,928) fees paid to Cubitt Greystock Limited in respect to management services provided subsequent to their resignation as a Designated Member.

| Cubitt Greystock Limited owns 100% of the issued Share Capital of West Country (Holdings) Limited and is regarded as its' Ultimate Parent Company.