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REGISTERED NUMBER: 02482925 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

EDWARD SOWDEN LIMITED

| EDWARD SOWDEN LIMITED (REGISTERED NUMBER: 02482925) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| EDWARD SOWDEN LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTORS: | B.R. Aston

| Mrs H J Aston

| SECRETARY: | Mr. B.R. Aston

| REGISTERED OFFICE: | 134 Furbarn Lane

| Rochdale

| Lancashire

| OL11 5RA

| REGISTERED NUMBER: | 02482925 (England and Wales)

| ACCOUNTANTS: | TC Group

| Park House

| 200 Drake Street

| Rochdale

| Lancashire

| OL16 1PJ

| EDWARD SOWDEN LIMITED (REGISTERED NUMBER: 02482925) |

ABRIDGED BALANCE SHEET

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,037 |  | 1,614 |  |

Investments | 5 | 422,363 |  | 206,239 |  |

Investment property | 6 | 8,855,000 |  | 8,855,000 |  |

9,278,400 |  | 9,062,853 |  |

CURRENT ASSETS

Debtors | 1,434,941 |  | 1,332,118 |  |

Cash at bank | 276,201 |  | 414,280 |  |

1,711,142 |  | 1,746,398 |  |

CREDITORS

Amounts falling due within one year | 464,446 |  | 522,091 |  |

NET CURRENT ASSETS | 1,246,696 |  | 1,224,307 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 10,525,096 |  | 10,287,160 |  |

PROVISIONS FOR LIABILITIES | 1,129,116 |  | 1,125,229 |  |

NET ASSETS | 9,395,980 |  | 9,161,931 |  |

CAPITAL AND RESERVES

Called up share capital | 1,260 |  | 1,260 |  |

Other reserves | 779,612 |  | 779,612 |  |

Retained earnings | 8,615,108 |  | 8,381,059 |  |

SHAREHOLDERS' FUNDS | 9,395,980 |  | 9,161,931 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 May 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2026 and were signed on its behalf by:

B.R. Aston - Director

| EDWARD SOWDEN LIMITED (REGISTERED NUMBER: 02482925) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| Edward Sowden 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.

| Turnover

| Turnover represents property rentals due and net invoiced sales of goods and services, excluding V.A.T.

| 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 and 10% on reducing balance

| Computer equipment | - | 25% on cost

| All land and buildings owned by the company was previously shown as fixed assets irrespective of their investment potential. As such, the provisions relating to investment properties as set out in the Financial Reporting Standard for Smaller Entities was not applied. During the previous year the decision was made to show as Investment properties at fair value.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

| 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 Statement of Income and Retained Earnings, 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Fixed asset investments

| Fixed asset investments other than property were stated at cost less provision for permanent diminution in value of those investments. Where the investment is quoted it is now included at the year end valuation

3. | EMPLOYEES AND DIRECTORS

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

| EDWARD SOWDEN LIMITED (REGISTERED NUMBER: 02482925) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 75,066 |  |

| DEPRECIATION

| At 1 June 2024 | 73,452 |  |

| Charge for year | 577 |  |

| At 31 May 2025 | 74,029 |  |

| NET BOOK VALUE

| At 31 May 2025 | 1,037 |  |

| At 31 May 2024 | 1,614 |  |

5. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST OR VALUATION

| At 1 June 2024 | 206,239 |  |

| Additions | 200,000 |  |

| Revaluations | 16,124 |  |

| At 31 May 2025 | 422,363 |  |

| NET BOOK VALUE

| At 31 May 2025 | 422,363 |  |

| At 31 May 2024 | 206,239 |  |

| Cost or valuation at 31 May 2025 is represented by:

| Totals

£ |

| Valuation in 2024 | 72,363 |  |

| Cost | 350,000 |  |

422,363 |  |

| If the fixed asset investment had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 150,000 |  | 150,000 |  |

| EDWARD SOWDEN LIMITED (REGISTERED NUMBER: 02482925) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2024

| and 31 May 2025 | 8,855,000 |  |

| NET BOOK VALUE

| At 31 May 2025 | 8,855,000 |  |

| At 31 May 2024 | 8,855,000 |  |

| Fair value at 31 May 2025 is represented by:

£ |

| Valuation in 2023 | 6,404,107 |  |

| Cost | 2,450,893 |  |

8,855,000 |  |

| If the property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 2,450,893 |  | 2,450,893 |  |

| Aggregate depreciation | (972,362 | ) | (972,362 | ) |

| Investment property was valued on on a market value basis on 17 January 2023 by Longden Cook .

7. | RELATED PARTY DISCLOSURES

| Included in debtors is an investment of £1,380,000 in a partnership where the Edward Sowden Limited is a 50% partner.

| In other creditors, £179,786 relates to the amount owed by Edward Sowden Limited in respect of the partnership trading to 31 March 2025.