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REGISTERED NUMBER: 03566732 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Peermark Limited

| Peermark Limited (Registered number: 03566732) |

Contents of the Financial Statements

for the Year Ended 30 June 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| Peermark Limited (Registered number: 03566732) |

Balance Sheet

30 June 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Tangible fixed assets | 4 | 1,230 |  | 1,471 |  |

Investment property | 5 | 5,150,000 |  | 4,950,000 |  |

5,151,230 |  | 4,951,471 |  |

Current assets

Debtors | 6 | 530,654 |  | 452,441 |  |

Investments | 7 | 1 |  | 1 |  |

Cash at bank | 51,895 |  | 47,676 |  |

582,550 |  | 500,118 |  |

Creditors

Amounts falling due within one year | 8 | 2,802,717 |  | 2,384,014 |  |

Net current liabilities | (2,220,167 | ) | (1,883,896 | ) |

Total assets less current liabilities | 2,931,063 |  | 3,067,575 |  |

Creditors

Amounts falling due after more than one year | 9 | (1,311,571 | ) | (1,323,094 | ) |

Provisions for liabilities | (53,855 | ) | (35,907 | ) |

Net assets | 1,565,637 |  | 1,708,574 |  |

| Peermark Limited (Registered number: 03566732) |

Balance Sheet - continued

30 June 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Capital and reserves

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

Fair value reserve | 11 | 868,259 |  | 978,796 |  |

Retained earnings | 697,278 |  | 729,678 |  |

Shareholders' funds | 1,565,637 |  | 1,708,574 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 12 January 2026 and were signed by:

E F Barakat - Director

| Peermark Limited (Registered number: 03566732) |

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | Statutory information

| Peermark Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 03566732

| Registered office: | 2a Church Road

| Church Road

| Hove

| BN3 2FL

| The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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

| Rents received are shown gross of commissions and fees.

| Turnover is measured at the fair value of the consideration received or receivable net of trade discounts. Turnover from the sale of property is recognised when significant risks and rewards of ownership have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.This is usually on completion of the sale of the property.

| Tangible fixed assets

| Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

| Computer equipment - 25% reducing balance

| Leasehold improvements - 10% straight line

| Investment property

| Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Peermark Limited (Registered number: 03566732) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

2. | Accounting policies - continued

| 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.

| 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.

| Leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | Employees and directors

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | Tangible fixed assets

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| Cost

| At 1 July 2024

| and 30 June 2025 | 2,000 |  | 3,599 |  | 5,599 |  |

| Depreciation

| At 1 July 2024 | 692 |  | 3,436 |  | 4,128 |  |

| Charge for year | 200 |  | 41 |  | 241 |  |

| At 30 June 2025 | 892 |  | 3,477 |  | 4,369 |  |

| Net book value

| At 30 June 2025 | 1,108 |  | 122 |  | 1,230 |  |

| At 30 June 2024 | 1,308 |  | 163 |  | 1,471 |  |

| Peermark Limited (Registered number: 03566732) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

5. | Investment property

| Total

£ |

| Fair value

| At 1 July 2024 | 4,950,000 |  |

| Additions | 292,620 |  |

| Revaluations | (92,620 | ) |

| At 30 June 2025 | 5,150,000 |  |

| Net book value

| At 30 June 2025 | 5,150,000 |  |

| At 30 June 2024 | 4,950,000 |  |

| The investment properties fair value has been determined by the director at the balance sheet date based on local open market rates of similar properties.

6. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Other debtors | 530,654 |  | 452,441 |  |

7. | Current asset investments

2025 | 2024 |

£ | £ |

| Shares in group undertakings | 1 |  | 1 |  |

8. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 35,276 |  | 44,122 |  |

| Amounts owed to group undertakings | 33,644 |  | 3,683 |  |

| Taxation and social security | 130 |  | 360 |  |

| Other creditors | 2,733,667 |  | 2,335,849 |  |

2,802,717 |  | 2,384,014 |  |

9. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

£ | £ |

| Bank loans | 1,311,571 |  | 1,323,094 |  |

| Creditors include liabilities of £3,767,419 (2024 £3,610,524) which are secured by the assets to which they relate.

| Peermark Limited (Registered number: 03566732) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

10. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

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

11. | Reserves

| Fair

| value

| reserve

£ |

| At 1 July 2024 | 978,796 |  |

| Revaluation | (110,537 | ) |

| At 30 June 2025 | 868,259 |  |

12. | Off-balance sheet arrangements

| At the year end, the company had operating lease commitments of £3,727 (2024: £21,727)

13. | Director's advances, credits and guarantees

| During the year, the company advanced a director £41,330 (2024: £50,748) and he repaid £80,524 (2024: £11,554). At the year end, the director owed the company £nil (2024: £39,194). The advances were interest-free, unsecured and repayable on demand.

14. | Related party disclosures

| At the year end, the company owed the director £181,243 (2024: £nil).