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REGISTERED NUMBER: 06631160 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Market Inroads Limited

| Market Inroads Limited (Registered number: 06631160) |

Contents of the Financial Statements

for the Year Ended 30 June 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Market Inroads Limited |

Company Information

for the Year Ended 30 June 2025

| DIRECTORS: | R Welland - Jones

| Ms C Casey

| REGISTERED OFFICE: | 9 St George's Yard

| Farnham

| Surrey

| GU9 7LW

| REGISTERED NUMBER: | 06631160 (England and Wales)

| ACCOUNTANTS: | Blackwood Futcher & Co.

| Chartered Accountants

| 9 St George's Yard

| Farnham

| Surrey

| GU9 7LW

| Market Inroads Limited (Registered number: 06631160) |

Balance Sheet

30 June 2025

| 30.6.25 | 30.6.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 28,944 |  | 1,624 |  |

Investments | 5 | 73,378 |  | 73,378 |  |

Investment property | 6 | 1,108,000 |  | 1,110,000 |  |

1,210,322 |  | 1,185,002 |  |

CURRENT ASSETS

Debtors | 7 | 5,972 |  | 5,059 |  |

Cash at bank | 23,212 |  | 85,431 |  |

29,184 |  | 90,490 |  |

CREDITORS

Amounts falling due within one year | 8 | 48,351 |  | 43,828 |  |

NET CURRENT (LIABILITIES)/ASSETS | (19,167 | ) | 46,662 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,191,155 |  | 1,231,664 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (16,616 | ) | - |  |

PROVISIONS FOR LIABILITIES | (7,460 | ) | (2,341 | ) |

NET ASSETS | 1,167,079 |  | 1,229,323 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Other reserves | 21,080 |  | 28,199 |  |

Retained earnings | 1,145,997 |  | 1,201,122 |  |

SHAREHOLDERS' FUNDS | 1,167,079 |  | 1,229,323 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

| Market Inroads Limited (Registered number: 06631160) |

Balance Sheet - continued

30 June 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 4 August 2025 and were signed on its behalf by:

R Welland - Jones - Director

| Market Inroads Limited (Registered number: 06631160) |

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | STATUTORY INFORMATION

| Market Inroads 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 as modified by the revaluation of certain assets.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 25% on cost

| Motor vehicles | - | 20% on cost

| Investment property

| Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

| 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Impairment of non-financial assets

| At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

| If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

| Market Inroads Limited (Registered number: 06631160) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - 1 ).

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 July 2024 | 2,131 |  |

| Additions | 28,045 |  |

| At 30 June 2025 | 30,176 |  |

| DEPRECIATION

| At 1 July 2024 | 507 |  |

| Charge for year | 725 |  |

| At 30 June 2025 | 1,232 |  |

| NET BOOK VALUE

| At 30 June 2025 | 28,944 |  |

| At 30 June 2024 | 1,624 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 28,045 |  |

| At 30 June 2025 | 28,045 |  |

| DEPRECIATION

| Charge for year | 192 |  |

| At 30 June 2025 | 192 |  |

| NET BOOK VALUE

| At 30 June 2025 | 27,853 |  |

5. | FIXED ASSET INVESTMENTS

| Investments (neither listed nor unlisted) were as follows:

| 30.6.25 |  | 30.6.24

£ | £ |

| Motor vehicles | 73,378 |  | 73,378 |  |

| Market Inroads Limited (Registered number: 06631160) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 July 2024 | 1,110,000 |  |

| Revaluations | (2,000 | ) |

| At 30 June 2025 | 1,108,000 |  |

| NET BOOK VALUE

| At 30 June 2025 | 1,108,000 |  |

| At 30 June 2024 | 1,110,000 |  |

| Fair value at 30 June 2025 is represented by:

£ |

| Valuation in 2017 | 7,380 |  |

| Valuation in 2018 | 37,168 |  |

| Valuation in 2021 | 16,044 |  |

| Valuation in 2022 | 12,998 |  |

| Valuation in 2023 | 40,389 |  |

| Valuation in 2024 | (83,439 | ) |

| Valuation in 2025 | (2,000 | ) |

| Cost | 1,079,460 |  |

1,108,000 |  |

| The investment properties were last valued by the directors on an open market basis at 30 June 2025.

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

| 30.6.25 |  | 30.6.24

£ | £ |

| Other debtors | 5,972 |  | 5,059 |  |

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

| 30.6.25 |  | 30.6.24

£ | £ |

| Hire purchase contracts | 3,015 |  | - |  |

| Trade creditors | - |  | 534 |  |

| Other creditors | 45,336 |  | 43,294 |  |

48,351 |  | 43,828 |  |

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

| 30.6.25 |  | 30.6.24

£ | £ |

| Hire purchase contracts | 16,616 |  | - |  |