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REGISTERED NUMBER: NI021273 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended

30 September 2025

for

Kary Hill Properties Limited

| Kary Hill Properties Limited (Registered number: NI021273) |

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Kary Hill Properties Limited |

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | Mrs S Flynn

| Mr P Flynn

| Mr G Flynn

| SECRETARY: | Mrs S Flynn

| REGISTERED OFFICE: | 112 Market Street

| Downpatrick

| Co. Down

| BT30 6LZ

| REGISTERED NUMBER: | NI021273 (Northern Ireland)

| ACCOUNTANTS: | M.B.McGrady & Co

| Chartered Accountants

| Rathmore House

| 52 St Patricks Avenue

| Downpatrick

| Co. Down

| BT30 6DS

| Kary Hill Properties Limited (Registered number: NI021273) |

Abridged Balance Sheet

30 September 2025

| 30/9/25 | 30/9/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,193 |  | 1,328 |  |

Investments | 5 | 20,000 |  | 20,000 |  |

Investment property | 6 | 408,731 |  | 595,942 |  |

429,924 |  | 617,270 |  |

CURRENT ASSETS

Debtors | 232,000 |  | 200,670 |  |

Investments | 340,098 |  | 308,481 |  |

Cash at bank | 225,846 |  | 70,334 |  |

797,944 |  | 579,485 |  |

CREDITORS

Amounts falling due within one year | 39,180 |  | 10,821 |  |

NET CURRENT ASSETS | 758,764 |  | 568,664 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,188,688 |  | 1,185,934 |  |

CREDITORS

Amounts falling due after more than one year | (246,168 | ) | (246,168 | ) |

PROVISIONS FOR LIABILITIES | (161 | ) | (194 | ) |

ACCRUALS AND DEFERRED INCOME | (17,787 | ) | (18,031 | ) |

NET ASSETS | 924,572 |  | 921,541 |  |

CAPITAL AND RESERVES

Called up share capital | 20,100 |  | 20,100 |  |

Retained earnings | 904,472 |  | 901,441 |  |

SHAREHOLDERS' FUNDS | 924,572 |  | 921,541 |  |

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

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

| Kary Hill Properties Limited (Registered number: NI021273) |

Abridged Balance Sheet - continued

30 September 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 March 2026 and were signed on its behalf by:

Mr P Flynn - Director

| Kary Hill Properties Limited (Registered number: NI021273) |

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Kary Hill Properties Limited is a private company, limited by shares , registered in Northern Ireland. 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.

| Turnover

| The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

| In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimate of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Fixtures and fittings | - | 25% on reducing balance

| Investment property

| Investment properties for which fair value can be measured reliably without undue cost or effort are measured as fair value at each reporting date with fair changes in fair value recognised in profit or loss.

| 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.

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Kary Hill Properties Limited (Registered number: NI021273) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Deferred government grants

| Deferred government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 41,779 |  |

| DEPRECIATION

| At 1 October 2024 | 40,451 |  |

| Charge for year | 135 |  |

| At 30 September 2025 | 40,586 |  |

| NET BOOK VALUE

| At 30 September 2025 | 1,193 |  |

| At 30 September 2024 | 1,328 |  |

5. | FIXED ASSET INVESTMENTS

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

| 30/9/25 |  | 30/9/24

£ | £ |

| Shares in group companies b/f | 20,000 |  | 20,000 |  |

| This represents the cost of investment in the Company's subsidiary.

| Kary Hill Properties Limited (Registered number: NI021273) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 October 2024 | 739,828 |  |

| Disposals | (212,871 | ) |

| At 30 September 2025 | 526,957 |  |

| DEPRECIATION

| At 1 October 2024 | 143,886 |  |

| Charge for year | 4,128 |  |

| Eliminated on disposal | (29,788 | ) |

| At 30 September 2025 | 118,226 |  |

| NET BOOK VALUE

| At 30 September 2025 | 408,731 |  |

| At 30 September 2024 | 595,942 |  |

| Investment properties were valued on a open market basis by the Directors and they have considered that no revaluation is necessary on 30 September 2024.

7. | RELATED PARTY TRANSACTIONS

| College Filling Station Ltd are 100% subsidiaries of Karyhill Properties Ltd. At the year end the following amounts were due to subsidiary companies:

| 2025 2024

| College Filling Station Ltd £246,168 £246,168

| The company is jointly controlled by Mr & Mrs Flynn.

| Lygala Ltd is also jointly controlled by Mr & Mrs Flynn. During the year Lygala Ltd repaid £17,200 to Karyhill Properties Ltd. At the year end the total amount due from Lygala Ltd was NIL (2024 : £83,388).as intercompany loan has been written off in the current year.

| G.Flynn Properties Ltd is controlled by Gary Flynn. During the year Kary Hill Properties Ltd transferred £115,000 to G.Flynn Properties Ltd. At the year end the total amount due from G.Flynn Properties Ltd was £230,000 (2024 : £115,000).

| Bank securities include a letter of guarantee £150,000 from Mr & Mrs Flynn.