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REGISTERED NUMBER: 08074536 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2025

for

Quest Property (Holly Street) Ltd

| Quest Property (Holly Street) Ltd (Registered number: 08074536) |

Contents of the Financial Statements

for the Year Ended 5 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Quest Property (Holly Street) Ltd |

Company Information

for the Year Ended 5 April 2025

| DIRECTOR: | Mr J L Brook

| REGISTERED OFFICE: | Lower Plaza 1

| Gateway Plaza

| Fitzwilliam Street

| Barnsley

| S70 2RF

| REGISTERED NUMBER: | 08074536 (England and Wales)

| ACCOUNTANTS: | Harris & Co Limited

| Chartered Accountants

| Marland House

| 13 Huddersfield Road

| Barnsley

| South Yorkshire

| S70 2LW

| Quest Property (Holly Street) Ltd (Registered number: 08074536) |

Balance Sheet

5 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 5 | 100 |  | 100 |  |

Investment property | 6 | 6,000,000 |  | 6,000,000 |  |

6,000,100 |  | 6,000,100 |  |

CURRENT ASSETS

Debtors | 7 | 331,143 |  | 447,410 |  |

Cash at bank and in hand | 181,597 |  | 130,992 |  |

512,740 |  | 578,402 |  |

CREDITORS

Amounts falling due within one year | 8 | 3,844,835 |  | 3,605,129 |  |

NET CURRENT LIABILITIES | (3,332,095 | ) | (3,026,727 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,668,005 |  | 2,973,373 |  |

CREDITORS

Amounts falling due after more than one year | 9 | 3,248,680 |  | 3,565,750 |  |

NET LIABILITIES | (580,675 | ) | (592,377 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | - |  |

Retained earnings | (580,775 | ) | (592,377 | ) |

(580,675 | ) | (592,377 | ) |

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 5 April 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.

| Quest Property (Holly Street) Ltd (Registered number: 08074536) |

Balance Sheet - continued

5 April 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

Mr J L Brook - Director

| Quest Property (Holly Street) Ltd (Registered number: 08074536) |

Notes to the Financial Statements

for the Year Ended 5 April 2025

1. | STATUTORY INFORMATION

| Quest Property (Holly Street) 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.

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

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 on a going concern basis under the historical cost convention.

| Going concern

| The accounts have been prepared on the going concern basis which is dependent upon the continued support of the company's bank, shareholders and related parties.

| At 5 April 2025, the company had a balance sheet deficit of £580,675 (2024: £592,377) which included an outstanding loan of £1,276,089 (2024: 1,389,089) owing to Vintage Finance LLP. This loan is not repayable until 2026 and Vintage Finance LLP is a related party.

| At the balance sheet date, the company has external bank lending of £2,162,590 (2024: £2,366,660), of which £1,972,591 (2024: £2,176,660) is due greater than one year. £2,160,924 of this balance is secured against the assets of the company and the director is comfortable that with the strength of covenant from the existing tenants this debt is comfortably serviceable.

| The director is confident that due to ongoing support of the creditors the company will continue to be able to pay its liabilities as they fall due for the foreseeable future. On this basis the director believes it to be appropriate to prepare the accounts on a going concern basis.

| Significant judgements and estimates

| The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

| 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.

| 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.

| Quest Property (Holly Street) Ltd (Registered number: 08074536) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2025

3. | ACCOUNTING POLICIES - continued

| 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).

5. | FIXED ASSET INVESTMENTS

| Interest

| in other

| participating

| interests

£ |

| COST

| At 6 April 2024

| and 5 April 2025 | 100 |  |

| NET BOOK VALUE

| At 5 April 2025 | 100 |  |

| At 5 April 2024 | 100 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 6 April 2024

| and 5 April 2025 | 6,000,000 |  |

| NET BOOK VALUE

| At 5 April 2025 | 6,000,000 |  |

| At 5 April 2024 | 6,000,000 |  |

| In the director's opinion the above value shown in investment property represents the market value of the property.

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

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 60,901 |  |

| Other debtors | 331,143 |  | 386,509 |  |

331,143 |  | 447,410 |  |

| Quest Property (Holly Street) Ltd (Registered number: 08074536) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 190,000 |  | 190,000 |  |

| Trade creditors | 168,403 |  | 58,776 |  |

| Taxation and social security | 39,736 |  | 19,485 |  |

| Other creditors | 3,446,696 |  | 3,336,868 |  |

3,844,835 |  | 3,605,129 |  |

| Bank loans and overdrafts of £180,000 (2024: £180,000) falling due within one year are secured against the assets of the company.

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

2025 | 2024 |

£ | £ |

| Bank loans | 1,972,591 |  | 2,176,661 |  |

| Other creditors | 1,276,089 |  | 1,389,089 |  |

3,248,680 |  | 3,565,750 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years

| by instalments | 1,250,924 |  | 1,444,993 |  |

1,250,924 |  | 1,444,993 |  |

| Bank loans and overdrafts of £1,970,924 (2024: £2,164,994) falling due within one year are secured against the assets of the company.

| Quest Property (Holly Street) Ltd (Registered number: 08074536) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2025

10. | RELATED PARTY DISCLOSURES

| Companies under common control

| The company was charged no interest (2024: £3,377) and management charges of £210,000 (2024: £110,000) by companies under common control. At 5 April 2025 the balance due to those companies was as follows:

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Amount due to related party at the balance sheet date |  | 2,807,440 |  | 2,575,139 |  |

| Long term loans from companies under common control

| The company was charged no interest (2024: £NIL) on a long term loan to a company under common control. At 30 April 2025 the balance outstanding on that loan was as follows:

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Amount due to related party at the balance sheet date |  | 1,276,089 |  | 1,389,089 |  |

| Management charge from company under common control

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Management charges |  | 210,000 |  | 110,000 |  |

| In previous years interest has been charged on balances with related parties. From the year ended 30 April 2024 interest is no longer charged.