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REGISTERED NUMBER: 03401539 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

P.A.R. Homes Limited

P.A.R. Homes Limited (Registered number: 03401539)

Contents of the Financial Statements

for the Year Ended 31 December 2025

| Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 7

P.A.R. Homes Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTOR: | P A Rowlands

| REGISTERED OFFICE: | Lower Gaufron Farm

| Howey

| Llandrindod Wells

| Powys

| LD1 5RG

| REGISTERED NUMBER: | 03401539 (England and Wales)

| ACCOUNTANTS: | A D Accounts Limited

| Rural Enterprise Centre

| Vincent Carey Road

| Rotherwas

| Hereford

| Herefordshire

| HR2 6FE

P.A.R. Homes Limited (Registered number: 03401539)

Abridged Balance Sheet

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 1,076,490 |  | 1,238,338 |  |

Investments | 6 | 5,473,610 |  | 1,010 |  |

6,550,100 |  | 1,239,348 |  |

CURRENT ASSETS

Stocks | 8,582,545 |  | 10,115,293 |  |

Debtors | 640,311 |  | 561,035 |  |

Cash at bank | 765,101 |  | 4,488,089 |  |

9,987,957 |  | 15,164,417 |  |

CREDITORS

Amounts falling due within one year | (988,869 | ) | (1,116,551 | ) |

NET CURRENT ASSETS | 8,999,088 |  | 14,047,866 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 15,549,188 |  | 15,287,214 |  |

PROVISIONS FOR LIABILITIES | (255,177 | ) | (309,586 | ) |

NET ASSETS | 15,294,011 |  | 14,977,628 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 3,100,000 |  | 3,100,000 |  |

Retained earnings | 8 | 12,194,011 |  | 11,877,628 |  |

SHAREHOLDERS' FUNDS | 15,294,011 |  | 14,977,628 |  |

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

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

P.A.R. Homes Limited (Registered number: 03401539)

Abridged Balance Sheet - continued

31 December 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 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 March 2026 and were signed by:

P A Rowlands - Director

P.A.R. Homes Limited (Registered number: 03401539)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| P.A.R. Homes 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for sale of goods and services in the ordinary nature of the business. Turnover is shown net of Value Added Tax, of goods and services provided to customers and, in the case of long term contracts, credit is taken appropriate to the stage of completion when the outcome of the contract can be ascertained with reasonable certainty.

| In respect of long term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contract for ongoing 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.

| Plant and machinery | - | 15% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 20% on reducing balance

| Other assets | - | 20% on reducing balance and 15% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Financial instruments

| Financial instruments are classified and accounted for according to the substance of the contractual arrangement. They are classified as 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.

P.A.R. Homes Limited (Registered number: 03401539)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| 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.

| 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

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account at a constant rate of charge on the balance of capital repayments outstanding.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 13 (2024 - 19 ) .

P.A.R. Homes Limited (Registered number: 03401539)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2025 | 2,223,831 |  |

| Additions | 502,535 |  |

| Disposals | (827,470 | ) |

| At 31 December 2025 | 1,898,896 |  |

| DEPRECIATION

| At 1 January 2025 | 985,493 |  |

| Charge for year | 211,601 |  |

| Eliminated on disposal | (374,688 | ) |

| At 31 December 2025 | 822,406 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,076,490 |  |

| At 31 December 2024 | 1,238,338 |  |

6. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST

| At 1 January 2025 | 1,010 |  |

| Additions | 5,472,600 |  |

| At 31 December 2025 | 5,473,610 |  |

| NET BOOK VALUE

| At 31 December 2025 | 5,473,610 |  |

| At 31 December 2024 | 1,010 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 100,000 | Ordinary | £1 | 100,000 |  | 100,000 |  |

| 3,000,000 | Ordinary B | £1 | 3,000,000 |  | 3,000,000 |  |

3,100,000 |  | 3,100,000 |  |

P.A.R. Homes Limited (Registered number: 03401539)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | RESERVES

| Retained

| earnings

£ |

| At 1 January 2025 | 11,877,628 |  |

| Profit for the year | 316,383 |  |

| At 31 December 2025 | 12,194,011 |  |