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REGISTERED NUMBER: 07001965 (England and Wales)

RAINBOW PROPERTY PARTNERSHIP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

RAINBOW PROPERTY PARTNERSHIP LTD (REGISTERED NUMBER: 07001965) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

| Company information | 1 |

| Balance sheet | 2 |

| Notes to the financial statements | 4 |

| RAINBOW PROPERTY PARTNERSHIP LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTOR: | H A T Gover

| SECRETARY: | Mrs W E Gover

| REGISTERED OFFICE: | Millhouse

| 32-38 East Street

| Rochford

| Essex

| SS4 1DB

| REGISTERED NUMBER: | 07001965 (England and Wales)

| ACCOUNTANTS: | Venthams Limited

| Chartered Accountants

| Millhouse

| 32-38 East Street

| Rochford

| Essex

| SS4 1DB

RAINBOW PROPERTY PARTNERSHIP LTD (REGISTERED NUMBER: 07001965) |

BALANCE SHEET

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 315 |  |

Investment property | 5 | 3,675,000 |  | 3,675,000 |  |

3,675,000 |  | 3,675,315 |  |

CURRENT ASSETS

Debtors | 6 | 4,975 |  | 4,888 |  |

Cash at bank | 3,928 |  | 10,486 |  |

8,903 |  | 15,374 |  |

CREDITORS

Amounts falling due within one year | 7 | 37,893 |  | 32,956 |  |

NET CURRENT LIABILITIES | (28,990 | ) | (17,582 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,646,010 |  | 3,657,733 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,276,558 | ) | (1,383,308 | ) |

PROVISIONS FOR LIABILITIES | (302,513 | ) | (302,513 | ) |

NET ASSETS | 2,066,939 |  | 1,971,912 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Revaluation reserve | 9 | 996,912 |  | 996,912 |  |

Retained earnings | 1,069,927 |  | 974,900 |  |

2,066,939 |  | 1,971,912 |  |

RAINBOW PROPERTY PARTNERSHIP LTD (REGISTERED NUMBER: 07001965) |

BALANCE SHEET - continued

30 SEPTEMBER 2025

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 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.

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 February 2026 and were signed by:

H A T Gover - Director

RAINBOW PROPERTY PARTNERSHIP LTD (REGISTERED NUMBER: 07001965) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Rainbow Property Partnership Limited is a private company, limited by shares, incorporated in England and Wales. The registered office is Millhouse, 32-38 East Street, Rochford, Essex, SS4 1DB.

| The place of business differs to the registered office address but is also located in Essex.

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.

| Revenue

| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

| Rendering of services

| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

| - the amount of revenue can be measured reliably;

| - it is probable that the company will receive the consideration due under the contract;

| - the stage of completion of the contract at the end of the reporting period can be measured reliably; and

| - the costs incurred and the costs to complete the contract can be measured reliably.

| 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% straight line

| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

| Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

| 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.

RAINBOW PROPERTY PARTNERSHIP LTD (REGISTERED NUMBER: 07001965) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 2,398 |  |

| DEPRECIATION

| At 1 October 2024 | 2,083 |  |

| Charge for year | 315 |  |

| At 30 September 2025 | 2,398 |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  |

| At 30 September 2024 | 315 |  |

RAINBOW PROPERTY PARTNERSHIP LTD (REGISTERED NUMBER: 07001965) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 October 2024

| and 30 September 2025 | 3,675,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | 3,675,000 |  |

| At 30 September 2024 | 3,675,000 |  |

| Fair value at 30 September 2025 is represented by:

£ |

| Valuation in 2017 | 185,548 |  |

| Valuation in 2018 | 173,877 |  |

| Valuation in 2020 | 240,000 |  |

| Valuation in 2023 | 700,000 |  |

| Cost | 2,375,575 |  |

3,675,000 |  |

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

2025 | 2024 |

£ | £ |

| Cost | 2,375,575 |  | 2,375,575 |  |

| Investment properties were valued on an open market basis on 30 September 2025 by H A T Gover, the director of the company .

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

2025 | 2024 |

£ | £ |

| Trade debtors | 1,863 |  | 2,658 |  |

| Amounts owed by group undertakings | 463 |  | 494 |  |

| Other debtors | 2,649 |  | 1,736 |  |

4,975 |  | 4,888 |  |

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

2025 | 2024 |

£ | £ |

| Taxation and social security | 31,741 |  | 27,620 |  |

| Other creditors | 6,152 |  | 5,336 |  |

37,893 |  | 32,956 |  |

RAINBOW PROPERTY PARTNERSHIP LTD (REGISTERED NUMBER: 07001965) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

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

2025 | 2024 |

£ | £ |

| Other creditors | 1,276,558 |  | 1,383,308 |  |

9. | RESERVES

| Revaluation

| reserve

£ |

| At 1 October 2024

| and 30 September 2025 | 996,912 |  |

| This reserve forms part of the profit and loss reserve representing the non-distributable element arising from the revaluation of investment properties net of deferred tax.

10. | RELATED PARTY DISCLOSURES

| During the year, the company continued to benefit from the interest free loans received from its shareholders to fund the purchase of investment properties. At the balance sheet date, the company owed £530,569 (2024: £301,319) to H A T Gover and £545,989 (2024: £581,989) to D Pringle.

| At the balance sheet date, the company owed £100,000 each (2024: £250,000) to P Gover and K Daggett the son and daughter of H A T Gover.