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REGISTERED NUMBER: 10433505 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| SCRASE ESTATES LIMITED |

| SCRASE ESTATES LIMITED (REGISTERED NUMBER: 10433505) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SCRASE ESTATES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | M Scrase

| S J Scrase

| REGISTERED OFFICE: | 6 Commerce Way

| Lancing

| West Sussex

| BN15 8TA

| REGISTERED NUMBER: | 10433505 (England and Wales)

| ACCOUNTANTS: | Galloways Accounting (Hove) Limited

| 15 West Street

| Brighton

| East Sussex

| BN1 2RL

| SCRASE ESTATES LIMITED (REGISTERED NUMBER: 10433505) |

BALANCE SHEET

31 MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,797 |  | 2,717 |  |

Investment property | 5 | 1,081,494 |  | 867,217 |  |

1,083,291 |  | 869,934 |  |

CURRENT ASSETS

Debtors | 6 | 360 |  | 547 |  |

Cash at bank | 11,813 |  | 8,353 |  |

12,173 |  | 8,900 |  |

CREDITORS

Amounts falling due within one year | 7 | 479,329 |  | 408,763 |  |

NET CURRENT LIABILITIES | (467,156 | ) | (399,863 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 616,135 |  | 470,071 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (556,959 | ) | (410,709 | ) |

PROVISIONS FOR LIABILITIES | (10,452 | ) | (10,682 | ) |

NET ASSETS | 48,724 |  | 48,680 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 30,010 |  | 30,010 |  |

Retained earnings | 18,614 |  | 18,570 |  |

48,724 |  | 48,680 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

| SCRASE ESTATES LIMITED (REGISTERED NUMBER: 10433505) |

BALANCE SHEET - continued

31 MARCH 2026

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 1 June 2026 and were signed on its behalf by:

M Scrase - Director

| SCRASE ESTATES LIMITED (REGISTERED NUMBER: 10433505) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Scrase 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.

| The presentation currency of the financial statements is the Pound Sterling (£) and amounts are rounded to the nearest Pound.

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 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 | - | 25% on cost

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Investment property

| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss and then transferred to a revaluation reserve.

| Financial instruments

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| 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 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| SCRASE ESTATES LIMITED (REGISTERED NUMBER: 10433505) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Going concern

| The directors have reasonable expectation that the company has adequate resources to continue to meet its obligations as they fall due. The company continues to adopt the going concern basis when preparing its financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2025 - NIL).

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 3,680 |  |

| DEPRECIATION

| At 1 April 2025 | 963 |  |

| Charge for year | 920 |  |

| At 31 March 2026 | 1,883 |  |

| NET BOOK VALUE

| At 31 March 2026 | 1,797 |  |

| At 31 March 2025 | 2,717 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2025 | 867,217 |  |

| Additions | 214,277 |  |

| At 31 March 2026 | 1,081,494 |  |

| NET BOOK VALUE

| At 31 March 2026 | 1,081,494 |  |

| At 31 March 2025 | 867,217 |  |

| The investment property has been valued in the balance sheet at its open market valuation of £1,084,898 This valuation has been made by the directors.

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

2026 | 2025 |

£ | £ |

| Prepayments | 360 |  | 547 |  |

| SCRASE ESTATES LIMITED (REGISTERED NUMBER: 10433505) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

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

2026 | 2025 |

£ | £ |

| Directors' loan accounts | 474,202 |  | 404,972 |  |

| Accruals and deferred income | 5,127 |  | 3,791 |  |

479,329 |  | 408,763 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans more 5 yr by instal | 556,959 |  | 410,709 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 556,959 |  | 410,709 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| During the year, M Scrase increased his loan to the company. As at 31 March 2026, the company owed him £474,202 (2025: £404,972). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

10. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is M Scrase.

| This was by virtue of his 40%, holding of the issued share capital.