REGISTERED NUMBER: 09310752 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Ninnian Properties Limited

Page

Chartered accountants' report

1

Statement of financial position

2

to

3

Notes to the financial statements

4

to

8

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ninnian Properties Limited for the year ended 31 December 2025 which comprise the Income statement, Statement of financial position, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ninnian Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ninnian Properties Limited and state those matters that we have agreed to state to the Board of Directors of Ninnian Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ninnian Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ninnian Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ninnian Properties Limited. You consider that Ninnian Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ninnian Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

22 St George's Street

Stamford

Lincolnshire

PE9 2BU

7 May 2026

Fixed assets

Tangible assets

5

-

2,810

Investment property

6

3,400,870

3,832,923

3,400,870

3,835,733

Current assets

Debtors

7

7,652

371,394

Investments

8

137,073

123,735

Cash at bank

594,770

40,474

739,495

535,603

Creditors

Amounts falling due within one year

9

623,589

922,480

Net current assets/(liabilities)

115,906

(386,877

)

Total assets less current liabilities

3,516,776

3,448,856

Creditors

Amounts falling due after more than one year

10

-

149,226

Net assets

3,516,776

3,299,630

Capital and reserves

Called up share capital

11

2,009,205

2,009,205

Retained earnings

1,507,571

1,290,425

Shareholders' funds

3,516,776

3,299,630

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2026 and were signed on its behalf by:

Ms T Auciello - Director

I Fawkes - Director

N N Pucacco - Director

1.	Statutory information

Ninnian Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09310752

Registered office:

32 Thorpe Wood

Thorpe Wood Business Park

Peterborough

Cambs

PE3 6SR

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax 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

-

10% on a straight line basis

Motor vehicles

-

5 years straight line

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4.	Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

5.	Tangible fixed assets

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 January 2025

65,577

8,000

73,577

Disposals

(61,202

)

-

(61,202

)

At 31 December 2025

4,375

8,000

12,375

Depreciation

At 1 January 2025

64,367

6,400

70,767

Charge for year

437

1,600

2,037

Eliminated on disposal

(60,429

)

-

(60,429

)

At 31 December 2025

4,375

8,000

12,375

Net book value

At 31 December 2025

-

-

-

At 31 December 2024

1,210

1,600

2,810

6.	Investment property

Total

£

Fair value

At 1 January 2025

3,832,923

Disposals

(432,053

)

At 31 December 2025

3,400,870

Net book value

At 31 December 2025

3,400,870

At 31 December 2024

3,832,923

The properties are now measured at fair value by the directors and any gain or loss is charged to the profit and loss account.

There has been no valuation of investment property by an independent valuer.

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

7,388

602

Other debtors

-

365,000

VAT

-

880

Prepayments

264

4,912

7,652

371,394

8.	Current asset investments

2025

2024

£

£

St James Place Investments

137,073

123,735

9.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

1,198

78,175

Trade creditors

8,474

29,203

Rent deposits held

43,875

52,997

Corporation tax

60,111

40,590

Social security and other taxes

2,455

1,822

VAT

11,060

-

Directors' loan accounts

494,791

718,193

Accrued expenses

1,625

1,500

623,589

922,480

10.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans - 2-5 years

-

149,226

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

201

Ordinary A

1

201

201

3

Ordinary B

1

3

3

2,009,001

Preference

1

2,009,001

2,009,001

2,009,205

2,009,205