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REGISTERED NUMBER: 10983949 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Golders Green Road Ltd

| Golders Green Road Ltd (Registered number: 10983949) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Golders Green Road Ltd |

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | Mr O J Bruh

| REGISTERED OFFICE: | 1st Floor

| 314 Regents Park Road

| Finchley

| London

| N3 2LT

| REGISTERED NUMBER: | 10983949 (England and Wales)

| ACCOUNTANTS: | Wolfson Associates Limited

| 1st Floor

| 314 Regents Park Road

| Finchley

| London

| N3 2LT

| Golders Green Road Ltd (Registered number: 10983949) |

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | - |  |

Investment property | 5 | 1,500,000 |  | 1,500,000 |  |

1,500,000 |  | 1,500,000 |  |

CURRENT ASSETS

Debtors | 6 | 505,647 |  | 7,685 |  |

Cash at bank | 172,670 |  | 3,154 |  |

678,317 |  | 10,839 |  |

CREDITORS

Amounts falling due within one year | 7 | 470,023 |  | 742,431 |  |

NET CURRENT ASSETS/(LIABILITIES) | 208,294 |  | (731,592 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,708,294 |  | 768,408 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (928,714 | ) | - |  |

PROVISIONS FOR LIABILITIES | (115,605 | ) | (115,605 | ) |

NET ASSETS | 663,975 |  | 652,803 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 663,875 |  | 652,703 |  |

SHAREHOLDERS' FUNDS | 663,975 |  | 652,803 |  |

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

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

| Golders Green Road Ltd (Registered number: 10983949) |

Balance Sheet - continued

31 March 2025

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 5 February 2026 and were signed by:

Mr O J Bruh - Director

| Golders Green Road Ltd (Registered number: 10983949) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Golders Green Road Ltd 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| 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.

| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair at the reporting date. The surplus or deficit on revaluation is recognized in the income statement.

| 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.

| Golders Green Road Ltd (Registered number: 10983949) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Going concern

| Under FRS 102, loans from the parent company, Traxx Limited, included as amounts owed to group undertakings in note 7 below, are unsecured and interest free, are recognised as falling due within one year. The shareholders have undertaken to provide continued financial support and not to demand repayment until such time as the company has positive net assets and has sufficient cash resources in immediately available funds to repay the loan.

| The directors believe it is appropriate to prepare the financial statements on a going concern basis.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 70 |  |

| DEPRECIATION

| At 1 April 2024

| and 31 March 2025 | 70 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 1,500,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,500,000 |  |

| At 31 March 2024 | 1,500,000 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2018 | 54,639 |  |

| Valuation in 2019 | 553,811 |  |

| Cost | 891,550 |  |

1,500,000 |  |

| Golders Green Road Ltd (Registered number: 10983949) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | INVESTMENT PROPERTY - continued

| If 867 Finchley Road, NW11 8RR had not been revalued it would have been included at the following historical cost:

| 31.3.25 |  | 31.3.24

£ | £ |

| Cost | 891,500 |  | 891,550 |  |

| 867 Finchley Road, NW11 8RR was valued on an open market basis on 31 March 2025 by the directors .

| The company's investment property is represented by freehold property situated at 867 Finchley Road, London, NW11 8RR.

| The Directors have shown the property at fair value based on a valuation carried out at the balance-sheet date by Mr O Bruh, a director of the company. The valuation was arrived at by reference to market evidence of transaction prices for similar properties in its location and takes into account the current state of the rental market in the area where the property is situated.

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 2,464 |  | - |  |

| Amounts owed by group undertakings | 492,695 |  | - |  |

| Other debtors | 10,488 |  | 7,685 |  |

505,647 |  | 7,685 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | - |  | 1 |  |

| Amounts owed to group undertakings | 439,375 |  | 710,913 |  |

| Taxation and social security | 766 |  | 7,556 |  |

| Other creditors | 29,882 |  | 23,961 |  |

470,023 |  | 742,431 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 928,714 |  | - |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 928,714 |  | - |  |

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| As at 1 April 2024, the director had a credit balance of £20,194. During the year, the director paid company expenses of £2,700. As a result, at the end of the year, the company owed £22,894 to the director.

| Golders Green Road Ltd (Registered number: 10983949) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

10. | ULTIMATE CONTROLLING PARTY

| The ultimate parent company is the Traxx Limited, a company registered in England and Wales, whose registered office is at 1st Floor 314 Regents Park Road, Finchley, London, N3 2LT.

| The ultimate controlling parties are Mr A D Bruh and Mr O J Bruh, also the directors, who have a controlling interest in Traxx Limited.