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Registration number: 09430509

Throstle Nest Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Throstle Nest Properties Limited

Contents

Company Information | 1
Statement of Financial Position | 2
Notes to the Unaudited Financial Statements | 3 to 6

Throstle Nest Properties Limited

Company Information

Directors | Mrs C McShannon Mr IC McShannon

Registered office | Potter Place West Pimbo Industrial Estate Skelmersdale Lancs WN8 9PW

Accountants | McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

Throstle Nest Properties Limited

(Registration number: 09430509)
Statement of Financial Position as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 5 | 960,674 | 960,674
Current assets |  |  |
Debtors | 6 | 982 | 1,012
Cash at bank and in hand |  | 22,561 | 19,066
|  | 23,543 | 20,078
Creditors: Amounts falling due within one year | 7 | (45,710) | (861,336)
Net current liabilities |  | (22,167) | (841,258)
Net assets |  | 938,507 | 119,416
Capital and reserves |  |  |
Called up share capital | 8 | 687 | 100
Share premium reserve |  | 791,863 | -
Retained earnings |  | 145,957 | 119,316
Shareholders' funds |  | 938,507 | 119,416

For the financial year 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 15 May 2026 and signed on its behalf by:

......................................... Mr IC McShannon Director

Throstle Nest Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Potter Place
West Pimbo Industrial Estate
Skelmersdale
Lancs
WN8 9PW

These financial statements were authorised for issue by the Board on 15 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental income generated in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Throstle Nest Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2 | Accounting policies (continued)

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

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value are recognised in profit or loss.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Throstle Nest Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

4 | Tangible assets

| Plant and machinery £ | Total £
Cost or valuation
At 1 January 2025 | 4,333 | 4,333
At 31 December 2025 | 4,333 | 4,333
Depreciation
At 1 January 2025 | 4,333 | 4,333
At 31 December 2025 | 4,333 | 4,333
Carrying amount
At 31 December 2025 | - | -

5 | Investment properties

| 2025 £
At 1 January | 960,674
At 31 December | 960,674

There has been no valuation of investment property by an independent valuer but the directors have assessed the value and consider it remains appropriate as stated in the financial statements.

6 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 982 | 1,012
| 982 | 1,012

Throstle Nest Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 7,905 | 6,357
Accruals and deferred income | 1,250 | 1,200
Other creditors | 36,555 | 853,779
| 45,710 | 861,336

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 687 | 687 | 100 | 100

During the year 587 Ordinary £1 were issued at a consideration of £1,350.00 per share. The shares have been fully paid.

9 | Related party transactions

Summary of transactions with parent

MTS Holdings (North West) Limited The ultimate controlling party is MTS Holdings (North West) Limited. During the year the company subscribed for a further 587 £1 ordinary shares in Throstle Nest Properties Ltd at a consideration of £792,450. The shares have been fully paid and the proceeds of the share issue were used to pay off group indebtedness.