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REGISTERED NUMBER: NI047735 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended

30 September 2025

for

Lygala Limited

| Lygala Limited (Registered number: NI047735) |

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 |

| Lygala Limited |

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | Mrs S Flynn

| Mr P Flynn

| SECRETARY: | Mrs S Flynn

| REGISTERED OFFICE: | 112 Market Street

| Downpatrick

| Co. Down

| BT30 6LZ

| REGISTERED NUMBER: | NI047735 (Northern Ireland)

| ACCOUNTANTS: | M.B.McGrady & Co

| Chartered Accountants

| Rathmore House

| 52 St Patricks Avenue

| Downpatrick

| Co. Down

| BT30 6DS

| Lygala Limited (Registered number: NI047735) |

Abridged Balance Sheet

30 September 2025

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

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 880,000 |  | 880,000 |  |

CURRENT ASSETS

Cash at bank | 7,572 |  | 3,954 |  |

CREDITORS

Amounts falling due within one year | 11,216 |  | 96,187 |  |

NET CURRENT LIABILITIES | (3,644 | ) | (92,233 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 876,356 |  | 787,767 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Fair value reserve | 5 | 264,481 |  | 264,481 |  |

Retained earnings | 611,873 |  | 523,284 |  |

SHAREHOLDERS' FUNDS | 876,356 |  | 787,767 |  |

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.

| Lygala Limited (Registered number: NI047735) |

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

| Lygala Limited (Registered number: NI047735) |

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Lygala 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.

| In respect of long-term contracts and contracts for on-going 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 contracts for on-going services is recognised by reference to the stage of completion.

| Investment property

| Investment properties are valued at open market value. In accordance with Statement of Standard Accounting Practice 19 no amortisation or depreciation is provided in respect of investment properties. The directors consider that this accounting policy, which represents a departure from the statutory accounting rules, is necessary to provide a true and fair view.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST OR VALUATION

| At 1 October 2024

| and 30 September 2025 | 880,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | 880,000 |  |

| At 30 September 2024 | 880,000 |  |

| Cost or valuation at 30 September 2025 is represented by:

| Totals

£ |

| Valuation in 2017 | 347 |  |

| Valuation in 2024 | 264,134 |  |

| Cost | 615,519 |  |

880,000 |  |

| Lygala Limited (Registered number: NI047735) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

4. | TANGIBLE FIXED ASSETS - continued

| If Investment Properties had not been revalued they would have been included at the following historical cost:

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

£ | £ |

| Cost | 615,519 |  | 615,519 |  |

| Value of land in freehold land and buildings | 615,519 |  | 615,519 |  |

| Investment properties were valued on an open market basis on 30 September 2024 by the Director. .

5. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 October 2024

| and 30 September 2025 | 264,481 |  |

6. | RELATED PARTY TRANSACTIONS

| The company was under the control of Mr & Mrs Flynn throughout the current and previous year.

| Mr Flynn also controls Karyhill Properties Ltd. During the year Lygala Ltd repaid £27,200 to Karyhill Properties Ltd.

| There were no amounts due to Karyhill Properties Ltd at the year end (2024: £83,388).as the intercompany loan has been written off at 30 September 2025.