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REGISTERED NUMBER: 14272042 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 MAY 2025

FOR

PNT SPV1 LTD

| PNT SPV1 LTD (REGISTERED NUMBER: 14272042) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 MAY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| PNT SPV1 LTD |

COMPANY INFORMATION

FOR THE PERIOD 1 APRIL 2024 TO 31 MAY 2025

| DIRECTOR: | D E C Bailey

| REGISTERED OFFICE: | Wakerings Farm Barns

| Leighs Road

| Great Leighs

| Essex

| CM3 3NH

| REGISTERED NUMBER: | 14272042 (England and Wales)

| ACCOUNTANTS: | A.R. Lee & Co.

| Chartered Accountants

| Clarence Street Chambers

| 32 Clarence Street

| Southend-on-Sea

| Essex

| SS1 1BD

| PNT SPV1 LTD (REGISTERED NUMBER: 14272042) |

BALANCE SHEET

31 MAY 2025

| 31.5.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 5,332 |  | 723 |  |

CURRENT ASSETS

Stocks | - |  | 1,726,686 |  |

Debtors | 5 | 257,581 |  | 14,240 |  |

Cash at bank | 566,715 |  | 5,041 |  |

824,296 |  | 1,745,967 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,842,308 |  | 1,848,703 |  |

NET CURRENT LIABILITIES | (1,018,012 | ) | (102,736 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (1,012,680 | ) | (102,013 | ) |

CAPITAL AND RESERVES

Called up share capital | 7 | 1 |  | 1 |  |

Retained earnings | (1,012,681 | ) | (102,014 | ) |

SHAREHOLDERS' FUNDS | (1,012,680 | ) | (102,013 | ) |

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

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

| PNT SPV1 LTD (REGISTERED NUMBER: 14272042) |

BALANCE SHEET - 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 23 February 2026 and were signed by:

D E C Bailey - Director

| PNT SPV1 LTD (REGISTERED NUMBER: 14272042) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 MAY 2025

1. | STATUTORY INFORMATION

| Pnt Spv1 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 (£).

| The accounting period has been extended so that the company property sales are included, therefore the comparatives are not entirely comparable.

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.

| Plant and machinery | - | 10% on reducing balance

| Fixtures and fittings | - | 10% on reducing balance

| Computer equipment | - | 33% on cost

| Stocks

| Stocks consist of development properties and all associated costs, including purchase finance, legal fees & direct costs.

| Taxation

| Taxation for the period 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.

| Going concern

| Notwithstanding the deficiency of net current assets at the year end as shown in the balance sheet, the director is confident the company can continue as a going concern on the basis of his continued financial support to the company and the support of other related entities.

3. | EMPLOYEES AND DIRECTORS

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

| PNT SPV1 LTD (REGISTERED NUMBER: 14272042) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 31 MAY 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Computer |

| machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 803 |  | - |  | - |  | 803 |  |

| Additions | - |  | 4,942 |  | 350 |  | 5,292 |  |

| At 31 May 2025 | 803 |  | 4,942 |  | 350 |  | 6,095 |  |

| DEPRECIATION

| At 1 April 2024 | 80 |  | - |  | - |  | 80 |  |

| Charge for period | 72 |  | 494 |  | 117 |  | 683 |  |

| At 31 May 2025 | 152 |  | 494 |  | 117 |  | 763 |  |

| NET BOOK VALUE

| At 31 May 2025 | 651 |  | 4,448 |  | 233 |  | 5,332 |  |

| At 31 March 2024 | 723 |  | - |  | - |  | 723 |  |

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

| 31.5.25 |  | 31.3.24

£ | £ |

| Trade debtors | 225,611 |  | - |  |

| Other debtors | 31,970 |  | 14,240 |  |

257,581 |  | 14,240 |  |

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

| 31.5.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | - |  | 714,795 |  |

| Amounts owed to group undertakings | 1,163,535 |  | 1,127,503 |  |

| Taxation and social security | 2,992 |  | 3,905 |  |

| Other creditors | 675,781 |  | 2,500 |  |

1,842,308 |  | 1,848,703 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.5.25 |  | 31.3.24

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |