The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The average monthly number of persons (including directors) employed by the company during the year was:

The fair value of the investment property has been arrived at on the basis of valuations carried out by the director of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Of the creditors falling due within and after more than one year bank loans of £1,761,000, (2024 £1,620,582) are secured by fixed charges over the investment properties of the company and have also been personally guaranteed by the director.