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REGISTERED NUMBER: 05305884 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

| FOR |

| M & J PROPERTIES LTD |

| M & J PROPERTIES LTD (REGISTERED NUMBER: 05305884) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| M & J PROPERTIES LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTOR: | Mrs. R Niederman

| SECRETARY: | Mrs. H Lipschitz

| REGISTERED OFFICE: | 147 Stamford Hill

| London

| N16 5LG

| REGISTERED NUMBER: | 05305884 (England and Wales)

| ACCOUNTANTS: | Venitt and Greaves

| Chartered Accountants

| 115 Craven Park Road

| South Tottenham

| London

| N15 6BL

| M & J PROPERTIES LTD (REGISTERED NUMBER: 05305884) |

STATEMENT OF FINANCIAL POSITION

31 MAY 2025

| 31.5.25 |  | 31.5.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 704 |  | 884 |  |

Investment property | 5 | 4,661,756 |  | 4,661,756 |  |

4,662,460 |  | 4,662,640 |  |

CURRENT ASSETS

Debtors | 6 | 1,849,769 |  | 1,907,791 |  |

Cash at bank | 62,144 |  | 14,860 |  |

1,911,913 |  | 1,922,651 |  |

CREDITORS

Amounts falling due within one year | 7 | (1,575,320 | ) | (1,571,685 | ) |

NET CURRENT ASSETS | 336,593 |  | 350,966 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,999,053 |  | 5,013,606 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (2,230,021 | ) | (2,241,865 | ) |

NET ASSETS | 2,769,032 |  | 2,771,741 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Revaluation reserve | 10 | 2,311,007 |  | 2,311,007 |  |

Retained earnings | 10 | 457,925 |  | 460,634 |  |

SHAREHOLDERS' FUNDS | 2,769,032 |  | 2,771,741 |  |

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 director acknowledges her 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.

| M & J PROPERTIES LTD (REGISTERED NUMBER: 05305884) |

STATEMENT OF FINANCIAL POSITION - continued

31 MAY 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 18 February 2026 and were signed by:

Mrs. R Niederman - Director

| M & J PROPERTIES LTD (REGISTERED NUMBER: 05305884) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| M & J Properties 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.

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 net rent receivable, excluding value added tax.

| 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

| 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 June 2024

| and 31 May 2025 | 19,417 |  | 1,295 |  | 20,712 |  |

| DEPRECIATION

| At 1 June 2024 | 18,793 |  | 1,035 |  | 19,828 |  |

| Charge for year | 94 |  | 86 |  | 180 |  |

| At 31 May 2025 | 18,887 |  | 1,121 |  | 20,008 |  |

| NET BOOK VALUE

| At 31 May 2025 | 530 |  | 174 |  | 704 |  |

| At 31 May 2024 | 624 |  | 260 |  | 884 |  |

| M & J PROPERTIES LTD (REGISTERED NUMBER: 05305884) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2024

| and 31 May 2025 | 4,661,756 |  |

| NET BOOK VALUE

| At 31 May 2025 | 4,661,756 |  |

| At 31 May 2024 | 4,661,756 |  |

| The director has confirmed that there is no significant change in the value of the properties.

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

| 31.5.25 |  | 31.5.24

£ | £ |

| Other debtors | 1,849,769 |  | 1,907,791 |  |

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

| 31.5.25 |  | 31.5.24

£ | £ |

| Trade creditors | 55,279 |  | 66,768 |  |

| Other creditors | 1,520,041 |  | 1,504,917 |  |

1,575,320 |  | 1,571,685 |  |

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

| 31.5.25 |  | 31.5.24

£ | £ |

| Bank loans | 2,230,021 |  | 2,241,865 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 1,900,000 |  | 1,900,000 |  |

| Repayable by instalments

| Bank loans more 5 yr by instal | 330,021 |  | 341,865 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.5.25 |  | 31.5.24

| value: | £ | £ |

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

| M & J PROPERTIES LTD (REGISTERED NUMBER: 05305884) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

10. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 June 2024 | 460,634 |  | 2,311,007 |  | 2,771,641 |  |

| Deficit for the year | (2,709 | ) | (2,709 | ) |

| At 31 May 2025 | 457,925 |  | 2,311,007 |  | 2,768,932 |  |

11. | RELATED PARTY DISCLOSURES

| Other debtors and other creditors represent monies due from and due to companies associated with directors.