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REGISTERED NUMBER: 11439827 (England and Wales)

Mark Griffiths Properties Limited

Unaudited Financial Statements for the Year Ended 30 June 2025

| Mark Griffiths Properties Limited (Registered number: 11439827) |

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 |

| Mark Griffiths Properties Limited |

Company Information

for the year ended 30 June 2025

| DIRECTOR: | M A Griffiths

| REGISTERED OFFICE: | One New Street

| Wells

| Somerset

| BA5 2LA

| REGISTERED NUMBER: | 11439827 (England and Wales)

| ACCOUNTANTS: | Webb & Co Ltd

| Accountants and Business Advisers

| One New Street

| Wells

| Somerset

| BA5 2LA

| Mark Griffiths Properties Limited (Registered number: 11439827) |

Balance Sheet

30 June 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,323 |  | 5,104 |  |

Investment property | 5 | 2,348,000 |  | 2,093,368 |  |

2,351,323 |  | 2,098,472 |  |

CURRENT ASSETS

Debtors | 6 | 413 |  | - |  |

Cash at bank | 17,238 |  | 22,344 |  |

17,651 |  | 22,344 |  |

CREDITORS

Amounts falling due within one year | 7 | 458,764 |  | 478,358 |  |

NET CURRENT LIABILITIES | (441,113 | ) | (456,014 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,910,210 |  | 1,642,458 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,457,355 | ) | (1,263,641 | ) |

PROVISIONS FOR LIABILITIES | (95,447 | ) | (75,535 | ) |

NET ASSETS | 357,408 |  | 303,282 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Fair value reserve | 293,332 |  | 226,608 |  |

Retained earnings | 63,976 |  | 76,574 |  |

SHAREHOLDERS' FUNDS | 357,408 |  | 303,282 |  |

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 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.

| Mark Griffiths Properties Limited (Registered number: 11439827) |

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2026 and were signed by:

M A Griffiths - Director

| Mark Griffiths Properties Limited (Registered number: 11439827) |

Notes to the Financial Statements

for the year ended 30 June 2025

1. | STATUTORY INFORMATION

| Mark Griffiths 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.

| 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rental of properties and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

| Rental of properties

| Turnover from the rental of properties is recognised when the amount of rent can be reliably measured, it is confirmed that rent is due to the entity.

| Rendering of services

| Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

| 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 | - | 25% on cost

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on cost

| 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

| Mark Griffiths Properties Limited (Registered number: 11439827) |

Notes to the Financial Statements - continued

for the year ended 30 June 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 July 2024 | 14,421 |  | 8,000 |  | 2,614 |  | 25,035 |  |

| Additions | - |  | - |  | 350 |  | 350 |  |

| At 30 June 2025 | 14,421 |  | 8,000 |  | 2,964 |  | 25,385 |  |

| DEPRECIATION

| At 1 July 2024 | 12,552 |  | 5,469 |  | 1,910 |  | 19,931 |  |

| Charge for year | 1,059 |  | 633 |  | 439 |  | 2,131 |  |

| At 30 June 2025 | 13,611 |  | 6,102 |  | 2,349 |  | 22,062 |  |

| NET BOOK VALUE

| At 30 June 2025 | 810 |  | 1,898 |  | 615 |  | 3,323 |  |

| At 30 June 2024 | 1,869 |  | 2,531 |  | 704 |  | 5,104 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 July 2024 | 2,093,368 |  |

| Additions | 165,667 |  |

| Revaluations | 88,965 |  |

| At 30 June 2025 | 2,348,000 |  |

| NET BOOK VALUE

| At 30 June 2025 | 2,348,000 |  |

| At 30 June 2024 | 2,093,368 |  |

| If investment properties had not been revalued they would have been included at the following historical cost £1,956,892 (2024 - £1,791,225).

| Investment properties were valued on an open market basis on 30 June 2025 by the director.

| Mark Griffiths Properties Limited (Registered number: 11439827) |

Notes to the Financial Statements - continued

for the year ended 30 June 2025

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

2025 | 2024 |

£ | £ |

| Other debtors | 413 |  | - |  |

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

2025 | 2024 |

£ | £ |

| Taxation and social security | - |  | 15,332 |  |

| Other creditors | 458,764 |  | 463,026 |  |

458,764 |  | 478,358 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 1,457,355 |  | 1,263,641 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 1,457,355 |  | 1,263,641 |  |

| The bank loans are secured as follows:

| Legal charge over the property known as 17 Clipper Close, Bridgwater, TA6 5LA dated 10 February 2020.

| Legal charge over the property known as 23 Biddiscombe Close, Bridgwater, TA6 6YB dated 14 February 2020.

| Legal charge over the property known as 91 Regal Walk, Bridgwater, TA6 4FL dated 11 June 2021.

| Legal charge over the property known as 26 Meadowlands Avenue, Bridgwater, TA6 3UQ dated 30 November 2021.

| Legal charge over the property known as 56 Roman Way, Glastonbury, BA6 8AD dated 30 November 2021

| Legal charge over the property known as 9 Old Market Road, Bridgwater, TA6 4AA dated 8 March 2022.

| Legal charge over the property known as 4 Honeysuckle Court, Bridgwater, TA5 2FL dated 22 September 2022.

| Legal charge over the property known as 96 Kings Drive, Bridgwater, TA6 4FP dated 1 September 2023.

| Legal charge over the property known as 56 Augusta Drive, Bridgwater, TA6 4XQ dated 29 September 2023.

| Legal charge over the property known as 58 Augusta Drive, Bridgwater,TA6 4XQ dated 29 September 2023.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |