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REGISTERED NUMBER: 13185914 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Excel Investments And Property

Management Ltd

Excel Investments And Property

Management Ltd (Registered number: 13185914)

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Excel Investments And Property

Management Ltd

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | Mr S Arnaoutis

| Mrs E Arnaoutis

| REGISTERED OFFICE: | 1 Vincent Parade

| Hanley Road

| Islington

| London

| N4 3DS

| REGISTERED NUMBER: | 13185914 (England and Wales)

| ACCOUNTANTS: | CAS MCGEE LTD

| Chartered Certified Accountants

| 130A Darkes Lane

| Potters Bar

| Hertfordshire

| EN6 1AF

Excel Investments And Property

Management Ltd (Registered number: 13185914)

Balance Sheet

28 February 2025

| 28.2.25 |  | 29.2.24

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | - |  | 504,991 |  |

Cash at bank | 604,055 |  | 18,116 |  |

604,055 |  | 523,107 |  |

CREDITORS

Amounts falling due within one year | 5 | 549,062 |  | 527,233 |  |

NET CURRENT ASSETS/(LIABILITIES) | 54,993 |  | (4,126 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 54,993 |  | (4,126 | ) |

CAPITAL AND RESERVES

Called up share capital | 6 | 100 |  | 100 |  |

Retained earnings | 7 | 54,893 |  | (4,226 | ) |

SHAREHOLDERS' FUNDS | 54,993 |  | (4,126 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 12 February 2026 and were signed on its behalf by:

Mrs E Arnaoutis - Director

Excel Investments And Property

Management Ltd (Registered number: 13185914)

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Excel Investments And Property Management 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.

| During the financial year and the preceding financial year the company has not traded and has received no income and incurred no expenditure.The company was dormant throughout the period.

| Consequently, during those periods the company has made neither a surplus non a deficit.

| Turnover

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

| 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.

| Creditors

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

| Debtors

| Short term debtors are measured at a transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised costs determined using the effective interest method, less any impairments losses for bad and doubtful debts.

| Provisions

| Provisions (ie./ liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Excel Investments And Property

Management Ltd (Registered number: 13185914)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

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

| Other debtors includes a property acquired in the year for resale, which was sold after the year end.

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

| Other creditors includes a loan from a related company which is provided interest free.

| The lender may request repayment of the loan at any time, in whole or in part, within 30 days of receiving written notice.

6. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 28.2.25 |  | 29.2.24

| value: | £ | £ |

| 100 | Ordinary | £1.00 | 100 |  | 100 |  |

7. | RESERVES

| Retained

| earnings

£ |

| At 1 March 2024 | (4,226 | ) |

| Profit for the year | 59,119 |  |

| At 28 February 2025 | 54,893 |  |

8. | RELATED PARTY DISCLOSURES

| 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 its directors and or shareholders.

9. | EVENTS AFTER THE REPORTING PERIOD

| There were no essential either adjusting events or non-adjusting events in the period of time elapsing between the balance sheet date and the date on which these financial statements are prepared. The impact of COVID-19 is described in the Going Concern Consideration Note.

| The ongoing Russia-Ukraine conflict has resulted in going concern becoming a significant risk. The United States and Europe have avoided direct military conflict with Russia amid its conflict with Ukraine. They have however used a set of financial sanctions to limit Russia's access to financial resources. The impact of the sanctions may result in difficulties for the company to operate. Neither Excel Investments and Property Management Limited nor the owners are currently on the sanctions list at the time of this report, however this may change as the situation changes.

Excel Investments And Property

Management Ltd (Registered number: 13185914)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

10. | GOING CONCERN CONSIDERATION

| The Company's management does not see a severe impact of COVID-19 outbreak to its activity. The Company tested the financial impact on the following areas of financial statements that can be affected:

| - Breach of trade contracts

| - Revenue

| - Cost of sales

| - Expenditure

| - Inventories fair value measurements

| - Debt repayment

11. | IMPAIRMENT OF FIXED ASSETS

| At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset. the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing. Value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

| Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.