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REGISTERED NUMBER: 02773052 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Clevermatch Limited

Clevermatch Limited (Registered number: 02773052)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Clevermatch Limited

Company Information

for the Year Ended 31 December 2024

| DIRECTOR: | N Sheinfeld

| REGISTERED OFFICE: | 5 North End Road

| London

| NW11 7RJ

| REGISTERED NUMBER: | 02773052 (England and Wales)

| ACCOUNTANTS: | Martin+Heller

| Chartered Accountants

| 5 North End Road

| London

| NW11 7RJ

Clevermatch Limited (Registered number: 02773052)

Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,685 |  | 2,247 |  |

Investments | 5 | 350 |  | 300 |  |

Investment property | 6 | 7,517,119 |  | 7,020,933 |  |

7,519,154 |  | 7,023,480 |  |

CURRENT ASSETS

Debtors | 7 | 4,670,232 |  | 4,931,702 |  |

Cash at bank | 1,421 |  | - |  |

4,671,653 |  | 4,931,702 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,757,034 |  | 914,197 |  |

NET CURRENT ASSETS | 2,914,619 |  | 4,017,505 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 10,433,773 |  | 11,040,985 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (3,256,451 | ) | (3,707,434 | ) |

PROVISIONS FOR LIABILITIES | (813,236 | ) | (813,236 | ) |

NET ASSETS | 6,364,086 |  | 6,520,315 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Fair value reserve | 11 | 2,935,030 |  | 2,935,030 |  |

Retained earnings | 11 | 3,428,956 |  | 3,585,185 |  |

SHAREHOLDERS' FUNDS | 6,364,086 |  | 6,520,315 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

Clevermatch Limited (Registered number: 02773052)

Balance Sheet - continued

31 December 2024

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 January 2026 and were signed by:

N Sheinfeld - Director

Clevermatch Limited (Registered number: 02773052)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Clevermatch 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. | 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 '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.

| Turnover

| Turnover represents rents receivable.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 25% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| 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 Income Statement, 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.

Clevermatch Limited (Registered number: 02773052)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024

| and 31 December 2024 | 83,847 |  | 8,694 |  | 92,541 |  |

| DEPRECIATION

| At 1 January 2024 | 81,600 |  | 8,694 |  | 90,294 |  |

| Charge for year | 562 |  | - |  | 562 |  |

| At 31 December 2024 | 82,162 |  | 8,694 |  | 90,856 |  |

| NET BOOK VALUE

| At 31 December 2024 | 1,685 |  | - |  | 1,685 |  |

| At 31 December 2023 | 2,247 |  | - |  | 2,247 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 January 2024 | 300 |  |

| Additions | 50 |  |

| At 31 December 2024 | 350 |  |

| NET BOOK VALUE

| At 31 December 2024 | 350 |  |

| At 31 December 2023 | 300 |  |

Clevermatch Limited (Registered number: 02773052)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2024 | 7,020,933 |  |

| Additions | 496,186 |  |

| At 31 December 2024 | 7,517,119 |  |

| NET BOOK VALUE

| At 31 December 2024 | 7,517,119 |  |

| At 31 December 2023 | 7,020,933 |  |

| No independent valuation of Freehold Properties was carried out. The properties have been included in the accounts at the directors opinion of the open market value at the balance sheet date.The directors base their valuation on the available market information of similar properties in the same locality having regard to any special characteristics of the properties held by the company.

| Fair value at 31 December 2024 is represented by:

£ |

| Valuation in 2016 | 3,885,720 |  |

| Cost | 3,631,399 |  |

7,517,119 |  |

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Managing Agent | - |  | 19,186 |  |

| Amounts owed by group undertakings | 2,412,168 |  | 2,667,735 |  |

| Other debtors | 2,258,064 |  | 2,244,518 |  |

| Tax | - |  | 263 |  |

4,670,232 |  | 4,931,702 |  |

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 14,784 |  | 34,821 |  |

| Amounts owed to group undertakings | 537,352 |  | - |  |

| Taxation and social security | 29,269 |  | 21,038 |  |

| Other creditors | 1,175,629 |  | 858,338 |  |

1,757,034 |  | 914,197 |  |

Clevermatch Limited (Registered number: 02773052)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans | 3,256,451 |  | 3,707,434 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank Loans > 5 years | 3,256,451 |  | 3,707,434 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | £ | £ |

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

11. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 January 2024 | 3,585,185 |  | 2,935,030 |  | 6,520,215 |  |

| Deficit for the year | (156,229 | ) | - |  | (156,229 | ) |

| At 31 December 2024 | 3,428,956 |  | 2,935,030 |  | 6,363,986 |  |

12. | RELATED PARTY DISCLOSURES

| Other debtors, include a loan due from Roselion Limited amounting to £230,000 (2023: £230,000), and a loan due from Garrickhall Limited amounting to £23,136 (2023: £23,886), and a loan due from Lionrule Montpelier Limited £27,218.

| Mr Sheinfeld is a director of Roselion, Garrickhall and Lionrule Montpelier Limited.

| Mr Sheinfeld has an effective interest of 50% in Lionrule Montpelier Limited and 25% in Roselion & Garrickhall Limited.

| Other creditors, include a loan due to Lionrule Limited amounting to £64,679 (2023:£80,075) and a loan due to Lionrule Investments Limited amounting to £392,266 (2023: £374,106), and a loan due to Fortville Limited amounting to £616,905 (2023: £215,380), and a loan due to Sandhurst Properties Limited amounting to £60,473 (2023: £46,600).

| Mr Sheinfeld is a director of Lionrule, Lionrule Investments, Fortville & Sandhurst Properties Limited

| Mr Sheinfeld has an effective interest of 50% in Lionrule, Fortville & Sandhurst Properties Limited; and an effective interest of 25% in Lionrule Investments Limited.

Clevermatch Limited (Registered number: 02773052)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

13. | CONTROL

| The company is controlled by Mr N Sheinfeld.