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REGISTERED NUMBER: 03493991 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| BLUESTORM LIMITED |

| BLUESTORM LIMITED (REGISTERED NUMBER: 03493991) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 2 |

| BLUESTORM LIMITED (REGISTERED NUMBER: 03493991) |

BALANCE SHEET

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 597,383 |  | 597,943 |  |

CURRENT ASSETS

Debtors | 5 | 5,321 |  | 1,646 |  |

Cash at bank | 247,111 |  | 261,127 |  |

252,432 |  | 262,773 |  |

CREDITORS

Amounts falling due within one year | 6 | 3,239 |  | 7,458 |  |

NET CURRENT ASSETS | 249,193 |  | 255,315 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 846,576 |  | 853,258 |  |

PROVISIONS FOR LIABILITIES | 96,000 |  | 96,000 |  |

NET ASSETS | 750,576 |  | 757,258 |  |

CAPITAL AND RESERVES

Called up share capital | 67 |  | 67 |  |

Fair value reserve | 408,525 |  | 408,525 |  |

Retained earnings | 341,984 |  | 348,666 |  |

750,576 |  | 757,258 |  |

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 16 February 2026 and were signed on its behalf by:

A S Clapham - Director

| BLUESTORM LIMITED (REGISTERED NUMBER: 03493991) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Bluestorm 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: | 03493991

| Registered office: | 15 West Street

| Brighton

| East Sussex

| BN1 2RL

| 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.

| Turnover

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

| Turnover represents the ground rents receivable for the year. The company also receives rental income from the former caretakers' flat and income from laundry and tours.

| Tangible fixed assets

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

| Plant and machinery | - | 25% on reducing balance

| Office equipment | - | 25% on reducing balance

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

| The value of the freehold property is assessed in three distinct ways. For flats held on long leases, these are valued at the capitalisation of ground rents receivable in perpetuity at a capitalisation rate of 6%. For the flats with short leases, the values are assessed both in terms of the capitalisation of ground rents receivable, as per above, in addition to the reversionary and marriage values as calculated by a Chartered Surveyor and Valuer. Finally the other units held by the entity including the office spaces and penthouse flat are valued on an open-market basis.

| No depreciation is charged on the freehold property due to this being held at valuation rather than cost which is revised on a regular basis.

| Financial instruments

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| 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.

| BLUESTORM LIMITED (REGISTERED NUMBER: 03493991) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Going concern

| After reviewing the company's forecasts, the directors believe that the company has adequate resources to continue in operational existence and therefore the company continues to adopt the going concern basis in preparing its financial statements.

3. | EMPLOYEES

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

4. | TANGIBLE FIXED ASSETS

| Freehold |  | Plant and |  | Office |

| property |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST OR VALUATION

| At 1 January 2025

| and 31 December 2025 | 595,703 |  | 1,865 |  | 10,716 |  | 608,284 |  |

| DEPRECIATION

| At 1 January 2025 | - |  | 1,616 |  | 8,725 |  | 10,341 |  |

| Charge for year | - |  | 62 |  | 498 |  | 560 |  |

| At 31 December 2025 | - |  | 1,678 |  | 9,223 |  | 10,901 |  |

| NET BOOK VALUE

| At 31 December 2025 | 595,703 |  | 187 |  | 1,493 |  | 597,383 |  |

| At 31 December 2024 | 595,703 |  | 249 |  | 1,991 |  | 597,943 |  |

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

| Freehold |  | Plant and |  | Office |

| property |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| Valuation in 2025 | 595,703 |  | - |  | - |  | 595,703 |  |

| Cost | - |  | 1,865 |  | 10,716 |  | 12,581 |  |

595,703 |  | 1,865 |  | 10,716 |  | 608,284 |  |

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

2025 | 2024 |

£ | £ |

| Service charge debtor | 5,321 |  | 1,646 |  |

| BLUESTORM LIMITED (REGISTERED NUMBER: 03493991) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

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

2025 | 2024 |

£ | £ |

| Corporation tax | - |  | 3,864 |  |

| Other creditors | - |  | 354 |  |

| Accruals and deferred income | 3,239 |  | 3,240 |  |

3,239 |  | 7,458 |  |

7. | CONTINGENT LIABILITIES

| The company has a contingent liability to the lessees of Embassy Court for the cost of maintenance and upkeep of the property which in turn is funded by the lessees.