ACCOUNTS - Final Accounts

Registered number: 16150014

Saxton Group Properties Limited

Annual Report and Financial Statements

Information for filing with the registrar

For the period ended 31 December 2025

Saxton Group Properties Limited

Registered number: 16150014

Balance Sheet

As at 31 December 2025

		2025
Note		£

Fixed assets
Tangible assets	4		903,271
Current assets
Debtors: amounts falling due within one year	5	1
Cash at bank and in hand		18,036
		18,037
Creditors: amounts falling due within one year	6	(328,032)
Net current (liabilities)/assets			(309,995)
Total assets less current liabilities			593,276
Creditors: amounts falling due after more than one year	7		(574,030)

Net assets			19,246

Capital and reserves
Called up share capital			1
Profit and loss account			19,245
			19,246

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr D P Saxton

Director

Date: 7 May 2026

The notes on pages 2 to 7 form part of these financial statements.

Page 1

Saxton Group Properties Limited

Notes to the Financial Statements

For the period ended 31 December 2025

1.	General information

Saxton Group Properties Limited is a private company limited by members capital incorporated in England and Wales, registered number 16150014. The address of the registered office and principal place of business is Delta House, Alphagate Drive, Denton, Manchester, M34 3SH.
The nature of the Company's operation and principal activity is that of letting and operating of own real estate.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company was incorporated on 23 December 2024. These financial statements for the period ended 31 December 2025 are the Company's first financial statements.

The following principal accounting policies have been applied:

2.2

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.

2.3

Leased assets: the Company as lessor

Where assets leased to a third party give rights approximating to ownership (finance lease), the lessor recognises as a receivable an amount equal to the net investment in the lease i.e. the minimum lease payments receivable under the lease discounted at the interest rate implicit in the lease. This receivable is reduced as the lessee makes capital payments over the term of the lease.

A finance lease gives rise to two types of income: profit or loss equivalent to the profit or loss resulting from outright sale of the asset being leased, at normal selling prices, reflecting any applicable discounts, and finance income over the lease term.

Page 2

Saxton Group Properties Limited

Notes to the Financial Statements

For the period ended 31 December 2025

2.Accounting policies (continued)

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.6

Tangible fixed assets

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Assets under construction

Not yet being depreciated

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.

The asset under construction is being rented out within the group to H.F.L. Building Solutions Limited.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

Saxton Group Properties Limited

Notes to the Financial Statements

For the period ended 31 December 2025

2.Accounting policies (continued)

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

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 the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Employees

The average monthly number of employees, including directors, during the period was 6.

Page 4

Saxton Group Properties Limited

Notes to the Financial Statements

For the period ended 31 December 2025

4.	Tangible fixed assets

		Assets under construction
		£
	Cost
	Additions	903,271
	At 31 December 2025	903,271

	Net book value
	At 31 December 2025	903,271

Debtors

					2025
					£


	Amounts owed by group undertakings	1

6.	Creditors: Amounts falling due within one year
		2025
		£

	Bank loans	12,194
	Amounts owed to group undertakings	310,642
	Corporation tax	5,196
		328,032

Included within creditors is an amount of £310,642 owed to fellow group undertaking. The balance represents funding provided to support the asset under construction. The amount is interest-free, unsecured, and repayable on demand.
The Bank loan is secured by a fixed charge over the asset under construction. Interest is charged at 3.25% per annum over the Bank of England Base Rate.

Page 5

Saxton Group Properties Limited

Notes to the Financial Statements

For the period ended 31 December 2025

7.	Creditors: Amounts falling due after more than one year
		2025
		£

	Bank loans	574,030

The Bank loan is secured by a fixed charge over the asset under construction. Interest is charged at 3.25% per annum over the Bank of England Base Rate.

8.	Loans
	Analysis of the maturity of loans is given below:
		2025
		£

	Amounts falling due within one year
	Bank loans	12,194
	Amounts falling due 1-2 years
	Bank loans	14,629
	Amounts falling due 2-5 years
	Bank loans	51,332
	Amounts falling due after more than 5 years
	Bank loans	508,069
		586,224

9.	Share capital
		2025
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1.00	1

1 Ordinary share was issued on 23 December 2024.

10.	Related party transactions
	The company is a wholly owned subsidiary of Saxton Group Holdings Limited, which is the immediate and ultimate parent undertaking. In accordance with section 413 of the Companies Act 2006 and FRS 102 Section 1A, the company has not disclosed details of transactions with its parent undertaking or other members of the group.

Page 6

Saxton Group Properties Limited

Notes to the Financial Statements

For the period ended 31 December 2025

11.	Controlling party

The immediate and ultimate parent company is Saxton Group Holdings Limited, a company registered in England and Wales, registered number 15372940.
The consolidated financial statements of the group are available and may be obtained from Saxton Group Holdings Limited at Delta House, Alphagate Drive, Denton, Manchester, M34 3SH.
The ultimate controlling party is Mr D P Saxton by virture of his majority shareholding of Saxton Group Holdings Limited.

12.	Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2025 was unqualified.

The audit report was signed on 7 May 2026 by Anthony Woodings (senior statutory auditor) on behalf of Hurst Accountants Limited.

Page 7