Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

P.J. O'HARA
M. O'HARA

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 April 2026

And signed on behalf of the board by:
Name: P.J. O'HARA
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2025

	2025	2024
	£	£
Turnover:	0	9,249
Cost of sales:	0	0
Gross profit(or loss):	0	9,249
Distribution costs:	0	0
Administrative expenses:	( 4,252 )	( 6,848 )
Other operating income:	0	0
Operating profit(or loss):	(4,252)	2,401
Interest payable and similar charges:	( 352,762 )	( 592,109 )
Profit(or loss) before tax:	(357,014)	(589,708)
Tax:	29,541	0
Profit(or loss) for the financial year:	(327,473)	(589,708)

Balance sheet

As at 31 March 2025

	Notes	2025	2024
		£	£
Fixed assets
Investments:	3	1,058,664	1,058,664
Total fixed assets:		1,058,664	1,058,664
Current assets
Debtors:	4	22,747,421	22,721,288
Cash at bank and in hand:		172,855	2,248,768
Total current assets:		22,920,276	24,970,056
Creditors: amounts falling due within one year:	5	( 3,742,094 )	( 5,464,401 )
Net current assets (liabilities):		19,178,182	19,505,655
Total assets less current liabilities:		20,236,846	20,564,319
Creditors: amounts falling due after more than one year:	6	( 1,668,005 )	( 1,668,005 )
Total net assets (liabilities):		18,568,841	18,896,314
Capital and reserves
Called up share capital:		2	2
Profit and loss account:		18,568,839	18,896,312
Total Shareholders' funds:		18,568,841	18,896,314

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents rent receivable net of VAT. Turnover is recognised on accruals basis and in accordance with rental agreements, these rental agreements all ceased in a prior year when all the investment properties were sold. The company currently has no trading turnover.

  Valuation information and policy

  Investments are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. Cash and cash equivalents include cash in hand and deposits held at call with banks with original maturities of three months or less. Basic financial assets, including debtors and cash and bank balances, are initially measured at transaction price and subsequently measured at amortised cost. Financial liabilities are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest rate method.

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0