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REGISTERED NUMBER: 10580586 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Dunhams Lane Limited

Dunhams Lane Limited (Registered number: 10580586)

Contents of the Financial Statements

for the Year Ended 31 October 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

Dunhams Lane Limited

Company Information

for the Year Ended 31 October 2025

| DIRECTORS: | D D Allen

| J Brake

| M Hempel

| SECRETARY: | M Hempel

| REGISTERED OFFICE: | Unit 1b

| Focus Four

| Fourth Avenue

| Letchworth

| Hertfordshire

| SG6 2TU

| REGISTERED NUMBER: | 10580586 (England and Wales)

| ACCOUNTANTS: | George Hay Partnership LLP

| Chartered Accountants

| Unit 1B

| Focus 4

| Fourth Avenue

| Letchworth

| Hertfordshire

| SG6 2TU

Dunhams Lane Limited (Registered number: 10580586)

Balance Sheet

31 October 2025

| 31/10/25 | 31/10/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 7,115,600 |  | 7,043,800 |  |

CURRENT ASSETS

Cash at bank | 403,733 |  | 345,801 |  |

CREDITORS

Amounts falling due within one year | 5 | 294,387 |  | 294,859 |  |

NET CURRENT ASSETS | 109,346 |  | 50,942 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 7,224,946 |  | 7,094,742 |  |

CREDITORS

Amounts falling due after more than one year | 6 | (2,395,798 | ) | (2,566,092 | ) |

PROVISIONS FOR LIABILITIES | 9 | (694,427 | ) | (676,477 | ) |

NET ASSETS | 4,134,721 |  | 3,852,173 |  |

CAPITAL AND RESERVES

Called up share capital | 589,025 |  | 589,025 |  |

Fair value reserve | 10 | 2,163,917 |  | 2,110,067 |  |

Retained earnings | 1,381,779 |  | 1,153,081 |  |

SHAREHOLDERS' FUNDS | 4,134,721 |  | 3,852,173 |  |

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

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

Dunhams Lane Limited (Registered number: 10580586)

Balance Sheet - continued

31 October 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 Board of Directors and authorised for issue on 20 February 2026 and were signed on its behalf by:

M Hempel - Director

Dunhams Lane Limited (Registered number: 10580586)

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| Dunhams Lane 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.

| 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.

| Significant judgements and estimates

| Valuation of Investment Property

| The investment property has been included in the accounts at its fair value as assessed by management after taking into account all available market information.

| Turnover

| Turnover comprises rental income from the investment property owned and is measured at fair value in line with the terms of the lease.

| 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.

| Financial instruments

| Debtors

| Short term debtors are measured at transaction price less impairment losses for bad and doubtful debts.

| Creditors

| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case these are stated at cost.

| Loans and Borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

| 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.

Dunhams Lane Limited (Registered number: 10580586)

Notes to the Financial Statements - continued

for the Year Ended 31 October 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.

| Foreign currencies

| Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.

| Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

3. | EMPLOYEES AND DIRECTORS

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

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 November 2024 | 7,043,800 |  |

| Revaluations | 71,800 |  |

| At 31 October 2025 | 7,115,600 |  |

| NET BOOK VALUE

| At 31 October 2025 | 7,115,600 |  |

| At 31 October 2024 | 7,043,800 |  |

| Fair value at 31 October 2025 is represented by:

£ |

| Valuation in 2018 | 615,444 |  |

| Valuation in 2019 | 577,600 |  |

| Valuation in 2020 | 2,700 |  |

| Valuation in 2021 | 799,000 |  |

| Valuation in 2022 | (52,000 | ) |

| Valuation in 2023 | 1,092,400 |  |

| Valuation in 2024 | (248,600 | ) |

| Valuation in 2025 | 71,800 |  |

| Cost | 4,257,256 |  |

7,115,600 |  |

| The investment property has been valued by management after taking into account all available market information.

Dunhams Lane Limited (Registered number: 10580586)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

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

| 31/10/25 |  | 31/10/24

£ | £ |

| Bank loans and overdrafts (see note 7) | 164,076 |  | 164,076 |  |

| Taxation and social security | 95,474 |  | 82,396 |  |

| Other creditors | 34,837 |  | 48,387 |  |

294,387 |  | 294,859 |  |

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

| 31/10/25 |  | 31/10/24

£ | £ |

| Bank loans (see note 7) | 2,339,948 |  | 2,507,366 |  |

| Other creditors | 55,850 |  | 58,726 |  |

2,395,798 |  | 2,566,092 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years

| by instalments | 1,683,644 |  | 1,851,062 |  |

1,683,644 |  | 1,851,062 |  |

7. | LOANS

| An analysis of the maturity of loans is given below:

| 31/10/25 |  | 31/10/24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 164,076 |  | 164,076 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | 164,076 |  | 164,076 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 492,228 |  | 492,228 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years

| by instalments | 1,683,644 |  | 1,851,062 |  |

1,683,644 |  | 1,851,062 |  |

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment.

Dunhams Lane Limited (Registered number: 10580586)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31/10/25 |  | 31/10/24

£ | £ |

| Bank loans | 2,504,024 |  | 2,671,442 |  |

| There is a fixed and floating charge by Wells Fargo over the property and other assets of the company.

9. | PROVISIONS FOR LIABILITIES

| 31/10/25 |  | 31/10/24

£ | £ |

| Deferred tax | 694,427 |  | 676,477 |  |

| Deferred |

| tax |

£ |

| Balance at 1 November 2024 | 676,477 |  |

| Provided during year | 17,950 |  |

| Balance at 31 October 2025 | 694,427 |  |

| Deferred tax represents the potential future tax charge should the investment property be sold at its reported fair value. The deferred tax charge is recognised through the fair value reserve. Deferred tax has been calculated at the tax rate it is expected to unwind at being 25%.

10. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 November 2024 | 2,110,067 |  |

| Revaluation | 71,800 |  |

| Deferred tax provision | (17,950 | ) |

| At 31 October 2025 | 2,163,917 |  |