BrightAccountsProduction v1.0.0 v1.0.0 2024-05-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of holding investment property. 27 January 2026 0 0 4736650 2025-04-30 4736650 2024-04-30 4736650 2023-04-30 4736650 2024-05-01 2025-04-30 4736650 2023-05-01 2024-04-30 4736650 uk-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 4736650 uk-curr:PoundSterling 2024-05-01 2025-04-30 4736650 uk-bus:AbridgedAccounts 2024-05-01 2025-04-30 4736650 uk-core:ShareCapital 2025-04-30 4736650 uk-core:ShareCapital 2024-04-30 4736650 uk-core:OtherReservesSubtotal 2025-04-30 4736650 uk-core:OtherReservesSubtotal 2024-04-30 4736650 uk-core:RetainedEarningsAccumulatedLosses 2025-04-30 4736650 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 4736650 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-04-30 4736650 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-04-30 4736650 uk-core:ForeignCurrencyTranslationReserve 2024-04-30 4736650 uk-core:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 4736650 uk-core:ShareCapital 2024-05-01 2025-04-30 4736650 uk-core:ForeignCurrencyTranslationReserve 2024-05-01 2025-04-30 4736650 uk-core:ForeignCurrencyTranslationReserve 2025-04-30 4736650 uk-bus:FRS102 2024-05-01 2025-04-30 4736650 uk-core:PlantMachinery 2024-05-01 2025-04-30 4736650 2024-05-01 2025-04-30 4736650 uk-bus:Director1 2024-05-01 2025-04-30 4736650 uk-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: 4736650

Shay Properties Limited

Abridged Unaudited Financial Statements

for the financial year ended 30 April 2025

Shay Properties Limited

DIRECTOR'S REPORT

for the financial year ended 30 April 2025

The director presents their report and the unaudited financial statements for the financial year ended 30 April 2025.

Principal Activity

The principal activity of the company is that of holding investment property.

Results and Dividends

The loss for the financial year after providing for depreciation amounted to £(17,568) (2024 - £(16,088)).

Director

The director who served during the financial year is as follows:

Pauric Caldwell

There were no changes in shareholdings between 30 April 2025 and the date of signing the financial statements.

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless they is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- | select suitable accounting policies and apply them consistently;
- | make judgements and accounting estimates that are reasonable and prudent;
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

Pauric Caldwell

Director

27 January 2026

Shay Properties Limited

ABRIDGED PROFIT AND LOSS ACCOUNT

for the financial year ended 30 April 2025

|  | 2025 |  | 2024
| Notes | £ |  | £

Administrative expenses |  | (17,568) |  | (16,088)
|  | ───────── |  | ─────────
Loss before taxation |  | (17,568) |  | (16,088)
Tax on loss |  | - |  | -
|  | ───────── |  | ─────────
Loss for the financial year |  | (17,568) |  | (16,088)
|  | ───────── |  | ─────────
Total comprehensive income |  | (17,568) |  | (16,088)
|  | ═════════ |  | ═════════

Shay Properties Limited

Company Registration Number: 4736650

ABRIDGED BALANCE SHEET

as at 30 April 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 5,870,963 |  | 5,828,509
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  |  | 7,708 |  | 7,686
Cash and cash equivalents |  |  | 3,836 |  | 57,307
|  |  | ───────── |  | ─────────
|  |  | 11,544 |  | 64,993
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  |  | (81,457) |  | (54,278)
|  |  | ───────── |  | ─────────
Net Current (Liabilities)/Assets |  |  | (69,913) |  | 10,715
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 5,801,050 |  | 5,839,224
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 5,598,605 |  | 5,598,605
Other reserves |  | 5 | 93,621 |  | 114,227
Retained earnings |  |  | 108,824 |  | 126,392
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 5,801,050 |  | 5,839,224
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 27 January 2026

Pauric Caldwell |  |  |  |  |
Director |  |  |  |  |

Shay Properties Limited

STATEMENT OF CHANGES IN EQUITY

as at 30 April 2025

| Called up | Retained | Foreign | Total
| share | earnings | exchange |
| capital |  | reserve |
| £ | £ | £ | £
At 1 May 2023 | 5,598,605 | 142,480 | 290,426 | 6,031,511
| ───────── | ───────── | ───────── | ─────────
Loss for the financial year | - | (16,088) | - | (16,088)
| ───────── | ───────── | ───────── | ─────────
Other movements in equity

attributable to owners | - | - | (176,199) | (176,199)
| ───────── | ───────── | ───────── | ─────────
At 30 April 2024 | 5,598,605 | 126,392 | 114,227 | 5,839,224
| ───────── | ───────── | ───────── | ─────────
Loss for the financial year | - | (17,568) | - | (17,568)
| ───────── | ───────── | ───────── | ─────────
Other movements in equity

attributable to owners | - | - | (20,606) | (20,606)
| ───────── | ───────── | ───────── | ─────────
At 30 April 2025 | 5,598,605 | 108,824 | 93,621 | 5,801,050
| ═════════ | ═════════ | ═════════ | ═════════

Shay Properties Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 30 April 2025

1. | General Information
| Shay Properties Limited is a company limited by shares incorporated in the United Kingdom. 83 Woodmansterne Road, London, SW16 5UG, United Kingdom is the registered office, which is also the principal place of business of the company. The nature of the company’s operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is the local currency of the company. The functional currency of the company changed from Pound (£) to Euro (€) on 1 May 2022. The company registration number is 04736650.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 30 April 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Plant and machinery | - | 20% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
| 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 comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Balance Sheet bank overdrafts are shown within Creditors.
| 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.
| Taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| There were no employees during the current or prior financial year.

4. | Tangible assets
|  | Investment | Plant and | Total
|  | properties | machinery |
|  | £ | £ | £
| Cost
| At 1 May 2024 | 5,828,509 | - | 5,828,509
| Additions | 19,623 | 43,690 | 63,313
| Foreign currency
| exchange differences | (20,355) | - | (20,355)
|  | ───────── | ───────── | ─────────
| At 30 April 2025 | 5,827,777 | 43,690 | 5,871,467
|  | ───────── | ───────── | ─────────
| Depreciation
| At 1 May 2024 | - | - | -
| Charge for the financial year | - | 504 | 504
|  | ───────── | ───────── | ─────────
| At 30 April 2025 | - | 504 | 504
|  | ───────── | ───────── | ─────────
| Net book value
| At 30 April 2025 | 5,827,777 | 43,186 | 5,870,963
|  | ═════════ | ═════════ | ═════════
| At 30 April 2024 | 5,828,509 | - | 5,828,509
|  | ═════════ | ═════════ | ═════════
| The director has considered the carrying value of the investment property at 30 April 2025 and he is satisfied that there has been no material movement in the current year.

5. | Reserves
| Foreign exchange reserve
| On 1 May 2022, the company changed its functional currency to Euro (€). The presentation currency of the company continued to be Pound (£). The effect of the change in functional currency on the equity of the company has been recorded in the exchange reserve.

6. | Capital commitments
| There were no capital commitments at the year ended 30 April 2025.

7. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the financial year-end.