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REGISTERED NUMBER: 05371625 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST JULY 2025 |

| FOR |

| KELRICK PROPERTIES LIMITED |

KELRICK PROPERTIES LIMITED (REGISTERED NUMBER: 05371625) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| KELRICK PROPERTIES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST JULY 2025

| DIRECTORS: | R A Lee

| Mrs K Lee

| REGISTERED OFFICE: | 18 Gerrard Street

| Ashton-in-Makerfield

| Wigan

| Lancashire

| WN4 9AA

| REGISTERED NUMBER: | 05371625 (England and Wales)

| ACCOUNTANTS: | Hunter Healey Limited

| Abacus House

| 450 Warrington Road

| Culcheth

| Warrington

| Cheshire

| WA3 5QX

KELRICK PROPERTIES LIMITED (REGISTERED NUMBER: 05371625) |

BALANCE SHEET

31ST JULY 2025

| 31.7.25 | 31.7.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 5,929 |  | 7,019 |  |

CURRENT ASSETS

Debtors | 5 | 42,497 |  | 30,549 |  |

Cash at bank | 134,261 |  | 174,782 |  |

176,758 |  | 205,331 |  |

CREDITORS

Amounts falling due within one year | 6 | 164,401 |  | 182,855 |  |

NET CURRENT ASSETS | 12,357 |  | 22,476 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 18,286 |  | 29,495 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | 8,874 |  |

NET ASSETS | 18,286 |  | 20,621 |  |

KELRICK PROPERTIES LIMITED (REGISTERED NUMBER: 05371625) |

BALANCE SHEET - continued

31ST JULY 2025

| 31.7.25 | 31.7.24 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 17,286 |  | 19,621 |  |

SHAREHOLDERS' FUNDS | 18,286 |  | 20,621 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 19th February 2026 and were signed on its behalf by:

R A Lee - Director

KELRICK PROPERTIES LIMITED (REGISTERED NUMBER: 05371625) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

1. | STATUTORY INFORMATION

| Kelrick Properties 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.

| 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.

| Improvements to property | - | 20% on cost

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 33% on cost

| 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.

| Client monies

| The company manages a portfolio of rental properties on behalf of its clients. Monies are collected on the clients behalf in respect of rents and security deposits. All such monies are held in designated client accounts on trust for the clients and the company's bankers have confirmed the balances on these accounts will not be used to offset any trading obligations of the company.

| The amounts due to the clients are reflected as creditors due within one year.

| Fixed asset investments

| The fixed asset investment represents a fixed interest bond in 'OnTheMarket.com' a property sales and rental portal. The investment is in a mutual business and the capital value is guaranteed.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 13 (2024 - 14 ) .

KELRICK PROPERTIES LIMITED (REGISTERED NUMBER: 05371625) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JULY 2025

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | and |  | Computer |

| property |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1st August 2024 | 14,664 |  | 8,907 |  | 19,518 |  | 43,089 |  |

| Additions | - |  | - |  | 3,223 |  | 3,223 |  |

| Disposals | - |  | - |  | (5,335 | ) | (5,335 | ) |

| At 31st July 2025 | 14,664 |  | 8,907 |  | 17,406 |  | 40,977 |  |

| DEPRECIATION

| At 1st August 2024 | 14,664 |  | 6,587 |  | 14,821 |  | 36,072 |  |

| Charge for year | - |  | 773 |  | 3,538 |  | 4,311 |  |

| Eliminated on disposal | - |  | - |  | (5,335 | ) | (5,335 | ) |

| At 31st July 2025 | 14,664 |  | 7,360 |  | 13,024 |  | 35,048 |  |

| NET BOOK VALUE

| At 31st July 2025 | - |  | 1,547 |  | 4,382 |  | 5,929 |  |

| At 31st July 2024 | - |  | 2,320 |  | 4,697 |  | 7,017 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade debtors | 2,281 |  | 5,285 |  |

| Other debtors | 40,216 |  | 25,264 |  |

42,497 |  | 30,549 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Bank loans and overdrafts | 8,107 |  | 10,439 |  |

| Trade creditors | 4,344 |  | 4,859 |  |

| Taxation and social security | 17,767 |  | 17,809 |  |

| Other creditors | 134,183 |  | 149,748 |  |

164,401 |  | 182,855 |  |

KELRICK PROPERTIES LIMITED (REGISTERED NUMBER: 05371625) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST JULY 2025

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Bank loans | - |  | 8,874 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31st July 2025 and 31st July 2024:

| 31.7.25 |  | 31.7.24

£ | £ |

| R A Lee and Mrs K Lee

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 56,210 |  | 84,338 |  |

| Amounts repaid | (31,181 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 25,029 |  | - |  |

| The directors' loan account was repaid in full within 9 months of the year end.