Silverfin false false 31/12/2025 02/07/2024 31/12/2025 Mr R R Belger 02/07/2024 Mr I S Rumsey 25/03/2025 17/07/2024 Mr J F Thompson 16/07/2024 02 April 2026 The company was incorporated on 2 July 2024 and began trading on that date.
The principal activity of the company is that of letting of real estate. 15814910 2025-12-31 15814910 bus:Director1 2025-12-31 15814910 bus:Director2 2025-12-31 15814910 bus:Director3 2025-12-31 15814910 core:CurrentFinancialInstruments 2025-12-31 15814910 core:ShareCapital 2025-12-31 15814910 core:RetainedEarningsAccumulatedLosses 2025-12-31 15814910 2024-07-01 15814910 core:ImmediateParent core:CurrentFinancialInstruments 2025-12-31 15814910 core:CurrentFinancialInstruments 1 2025-12-31 15814910 bus:OrdinaryShareClass1 2025-12-31 15814910 2024-07-02 2025-12-31 15814910 bus:FilletedAccounts 2024-07-02 2025-12-31 15814910 bus:SmallEntities 2024-07-02 2025-12-31 15814910 bus:AuditExemptWithAccountantsReport 2024-07-02 2025-12-31 15814910 bus:PrivateLimitedCompanyLtd 2024-07-02 2025-12-31 15814910 bus:Director1 2024-07-02 2025-12-31 15814910 bus:Director2 2024-07-02 2025-12-31 15814910 bus:Director3 2024-07-02 2025-12-31 15814910 1 2024-07-02 2025-12-31 15814910 bus:OrdinaryShareClass1 2024-07-02 2025-12-31 15814910 1 2024-07-02 2025-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15814910 (England and Wales)

# XPE PROPERTIES LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 02 JULY 2024 TO 31 DECEMBER 2025
PAGES FOR FILING WITH THE REGISTRAR

XPE PROPERTIES LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 02 JULY 2024 TO 31 DECEMBER 2025

Contents

XPE PROPERTIES LIMITED

## COMPANY INFORMATION

FOR THE FINANCIAL PERIOD FROM 02 JULY 2024 TO 31 DECEMBER 2025
XPE PROPERTIES LIMITED

## COMPANY INFORMATION (continued)

FOR THE FINANCIAL PERIOD FROM 02 JULY 2024 TO 31 DECEMBER 2025

DIRECTORS | Mr R R Belger (Appointed 02 July 2024)
| Mr I S Rumsey (Appointed 17 July 2024, Resigned 25 March 2025)
| Mr J F Thompson (Appointed 16 July 2024)

REGISTERED OFFICE | 264 Banbury Road Banbury Road
| Summertown
| Oxford
| OX2 7DY
| United Kingdom

COMPANY NUMBER | 15814910 (England and Wales)

ACCOUNTANT | Shaw Gibbs Limited
| 264 Banbury Road
| Oxford
| OX2 7DY
| United Kingdom

XPE PROPERTIES LIMITED

## BALANCE SHEET

AS AT 31 DECEMBER 2025
XPE PROPERTIES LIMITED

## BALANCE SHEET (continued)

AS AT 31 DECEMBER 2025

| Note | 31.12.2025
|  | £
Fixed assets |  |
Investment property | 3 | 4,034,715
|  | 4,034,715
Current assets |  |
Cash at bank and in hand |  | 302,133
|  | 302,133
Creditors: amounts falling due within one year | 4 | ( 4,335,160)
Net current liabilities |  | (4,033,027)
Total assets less current liabilities |  | 1,688
Net assets |  | 1,688
Capital and reserves |  |
Called-up share capital | 6 | 100
Profit and loss account |  | 1,588
Total shareholder's funds |  | 1,688

For the financial period ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of XPE Properties Limited (registered number: 15814910) were approved and authorised for issue by the Board of Directors on 02 April 2026. They were signed on its behalf by:

Mr R R Belger Director |

XPE PROPERTIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 02 JULY 2024 TO 31 DECEMBER 2025
XPE PROPERTIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 02 JULY 2024 TO 31 DECEMBER 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

XPE Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 264 Banbury Road Banbury Road, Summertown, Oxford, OX2 7DY, United Kingdom.
The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Rental income on assets leased under operating leases is recognised on a straight line basis over the lease term.

##### Taxation

Current tax
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.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the directors, on an open market value for existing use basis.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

#### 2. Employees

| Period from 02.07.2024 to 31.12.2025
| Number
Monthly average number of persons employed by the Company during the period, including directors | 2

#### 3. Investment property

| Investment property
| £
Valuation |
As at 02 July 2024 | 0
Additions | 4,034,715
As at 31 December 2025 | 4,034,715

#### 4. Creditors: amounts falling due within one year

| 31.12.2025
| £
Amounts owed to Parent undertakings | 3,751,377
Accruals | 2,995
Deferred tax liability | 470,658
Taxation and social security | 110,130
| 4,335,160

#### 5. Deferred tax

| 31.12.2025
| £
At the beginning of financial period | 0
Deferred tax provision on transfer of investment properties | ( 470,658)
At the end of financial period | ( 470,658)

#### 6. Called-up share capital

| 31.12.2025
| £
Allotted, called-up and fully-paid |
100 Ordinary shares of £ 1.00 each | 100

#### 7. Ultimate controlling party

Parent Company:

XPE Limited
264 Banbury Road Banbury Road, Summertown, Oxford, England, OX2 7DY

The ultimate controlling party of the company and of the group is Mr R Belger.