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REGISTERED NUMBER: 03552102 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 SEPTEMBER 2025 |

| FOR |

| ALLIED CITY ESTATES LIMITED |

ALLIED CITY ESTATES LIMITED (REGISTERED NUMBER: 03552102) |

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 |

| ALLIED CITY ESTATES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTORS: | Mr G Georgallis

| Mr C Christoforou

| REGISTERED OFFICE: | Solar House

| 282 Chase Road

| London

| N14 6NZ

| REGISTERED NUMBER: | 03552102 (England and Wales)

| ACCOUNTANTS: | Freemans Partnership LLP

| Chartered Certified Accountants

| Solar House

| 282 Chase Road

| London

| N14 6NZ

ALLIED CITY ESTATES LIMITED (REGISTERED NUMBER: 03552102) |

BALANCE SHEET

30 SEPTEMBER 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | - |  |

Investment property | 5 | 2,700,000 |  | 3,600,000 |  |

2,700,000 |  | 3,600,000 |  |

CURRENT ASSETS

Debtors | 6 | 3,842,874 |  | 2,943,124 |  |

Cash at bank | 11,067 |  | 10,626 |  |

3,853,941 |  | 2,953,750 |  |

CREDITORS

Amounts falling due within one year | 7 | 4,029,421 |  | 3,905,894 |  |

NET CURRENT LIABILITIES | (175,480 | ) | (952,144 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,524,520 |  | 2,647,856 |  |

PROVISIONS FOR LIABILITIES | 9 | 345,000 |  | 471,291 |  |

NET ASSETS | 2,179,520 |  | 2,176,565 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 11 | 2,179,420 |  | 2,176,465 |  |

SHAREHOLDERS' FUNDS | 2,179,520 |  | 2,176,565 |  |

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.

ALLIED CITY ESTATES LIMITED (REGISTERED NUMBER: 03552102) |

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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2026 and were signed on its behalf by:

Mr C Christoforou - Director

Mr G Georgallis - Director

ALLIED CITY ESTATES LIMITED (REGISTERED NUMBER: 03552102) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Allied City Estates Limited is a private company, limited by shares , registered in England and Wales. 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

| Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 25% straight line

| Investment properties

| 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2024 - 2 ) .

ALLIED CITY ESTATES LIMITED (REGISTERED NUMBER: 03552102) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 11,905 |  |

| DEPRECIATION

| At 1 October 2024

| and 30 September 2025 | 11,905 |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  |

| At 30 September 2024 | - |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 October 2024 | 3,600,000 |  |

| Disposals | (900,000 | ) |

| At 30 September 2025 | 2,700,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | 2,700,000 |  |

| At 30 September 2024 | 3,600,000 |  |

| Fair value at 30 September 2025 is represented by:

£ |

| Valuation in 2007 | 525,439 |  |

| Valuation in 2010 | 86,790 |  |

| Valuation in 2011 | 1,670,108 |  |

| Valuation in 2012 | 587,110 |  |

| Valuation in 2021 | 2,219,032 |  |

| Valuation in 2021 | (374,884 | ) |

| Valuation in 2023 | (2,728,337 | ) |

| Valuation in 2024 | (251,977 | ) |

| Cost | 966,719 |  |

2,700,000 |  |

ALLIED CITY ESTATES LIMITED (REGISTERED NUMBER: 03552102) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade debtors | 70,726 |  | 43,124 |  |

| Other debtors | 3,772,148 |  | - |  |

| Directors' loan accounts | - |  | 2,900,000 |  |

3,842,874 |  | 2,943,124 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Tenants deposits and rent in advance | 8,200 |  | 8,200 |  |

| Tax | 123,035 |  | 79,508 |  |

| Amounts due to shareholders | 3,880,000 |  | 3,800,000 |  |

| Directors' current accounts | 13,146 |  | 13,146 |  |

| Accrued expenses | 5,040 |  | 5,040 |  |

4,029,421 |  | 3,905,894 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.9.25 |  | 30.9.24

£ | £ |

9. | PROVISIONS FOR LIABILITIES

| 30.9.25 |  | 30.9.24

£ | £ |

| Deferred tax | 345,000 |  | 471,291 |  |

| Deferred |

| tax |

£ |

| Balance at 1 October 2024 | 471,291 |  |

| Provided during year | (126,291 | ) |

| Balance at 30 September 2025 | 345,000 |  |

| Deferred tax has been calculated at 25%.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.9.25 |  | 30.9.24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

ALLIED CITY ESTATES LIMITED (REGISTERED NUMBER: 03552102) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

11. | RESERVES

| Retained

| earnings

£ |

| At 1 October 2024 | 2,176,465 |  |

| Profit for the year | 2,955 |  |

| At 30 September 2025 | 2,179,420 |  |

| 30.09.25 |  |

| £ |  |

| Distributable reserves |  |  | 791,139 |  |

| Non-distributable reserves |  |  | 1,388,281 |  |

| At 30 September 2025 |  |  | 2,179,420 |  |