BrightAccountsProduction v1.0.0 v1.0.0 2025-02-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the rental and management of property. 11 June 2026 2 2 NI629754 2026-01-31 NI629754 2025-01-31 NI629754 2024-01-31 NI629754 2025-02-01 2026-01-31 NI629754 2024-02-01 2025-01-31 NI629754 uk-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 NI629754 uk-curr:PoundSterling 2025-02-01 2026-01-31 NI629754 uk-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 NI629754 uk-bus:FullAccounts 2025-02-01 2026-01-31 NI629754 uk-bus:Director1 2025-02-01 2026-01-31 NI629754 uk-bus:Director2 2025-02-01 2026-01-31 NI629754 uk-bus:RegisteredOffice 2025-02-01 2026-01-31 NI629754 uk-bus:Agent1 2025-02-01 2026-01-31 NI629754 uk-core:ShareCapital 2026-01-31 NI629754 uk-core:ShareCapital 2025-01-31 NI629754 uk-core:RetainedEarningsAccumulatedLosses 2026-01-31 NI629754 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 NI629754 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2026-01-31 NI629754 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 NI629754 uk-bus:FRS102 2025-02-01 2026-01-31 NI629754 uk-core:CurrentFinancialInstruments 2026-01-31 NI629754 uk-core:CurrentFinancialInstruments 2025-01-31 NI629754 uk-core:WithinOneYear 2026-01-31 NI629754 uk-core:WithinOneYear 2025-01-31 NI629754 uk-core:BetweenOneTwoYears 2026-01-31 NI629754 uk-core:BetweenOneTwoYears 2025-01-31 NI629754 2025-02-01 2026-01-31 NI629754 uk-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI629754

NIWM Holdings Limited

Unaudited Financial Statements

for the financial year ended 31 January 2026

NIWM Holdings Limited

Directors and Other Information

Directors | R B Hannam
| M G Logan JP
Company Registration Number | NI629754
Registered Office | 21 Talbot Street
Business Address | 21 Talbot Street
| Belfast
| BT1 2LD
Accountants | HCA Chartered Accountants Ltd
| Chartered Accountants
| 12 Cromac Place
| Belfast
| Co. Antrim
| BT7 2JB
| Northern Ireland
Bankers | Danske Bank
| Donegall Square West
| Belfast
| Co. Antrim
| Northern Ireland
Solicitors | Crawford Lockhart Black Solicitors
| 7-11 Linenhall Street
| Belfast
| Co. Antrim
| BT2 8AA
| Northern Ireland

NIWM Holdings Limited

Company Registration Number: NI629754

Balance Sheet

as at 31 January 2026

|  |  | 2026 |  | 2025
|  | Notes | £ |  | £
Fixed Assets

Investment properties |  | 4 | 451,208 |  | 451,208
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  | 5 | 27,066 |  | 12,497
Cash and cash equivalents |  |  | 4,624 |  | 29,137
|  |  | ───────── |  | ─────────
|  |  | 31,690 |  | 41,634
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 6 | (24,520) |  | (33,586)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 7,170 |  | 8,048
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 458,378 |  | 459,256
Creditors:

amounts falling due after more than one year |  | 7 | (453,805) |  | (453,805)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 4,573 |  | 5,451
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 1 |  | 1
Retained earnings |  |  | 4,572 |  | 5,450
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 4,573 |  | 5,451
|  |  | ═════════ |  | ═════════
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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 11 June 2026 and signed on its behalf by

________________________________ |  |  |  |  |
R B Hannam |  |  |  |  |
Director |  |  |  |  |
________________________________

M G Logan JP

Director

NIWM Holdings Limited

Notes to the Financial Statements

for the financial year ended 31 January 2026

1. | General Information
| NIWM Holdings Limited is a private company limited by shares incorporated in Northern Ireland. 21 Talbot Street is the registered office, which is also the principal place of business of the company. The principal activity of the company is the rental and management of property. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 31 January 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Given the directors have no intention of disposing of the company's investment property, it is carried in the accounts at cost rather than being independently valued each year. Should that intention change whereby it is appropriate for the property to be revalued, the difference between the fair value of the investment property at the reporting date and its carrying value prior to the valuation will be recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Employee benefits
| As the company has no staff it does not operate a pension scheme.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including directors, during the financial year was 2, (2025 - 2).
|  | 2026 | 2025
|  | Number | Number
| Directors | 2 | 2
|  | ═════════ | ═════════

4. | Investment Properties
|  | Investment
|  | properties
|  | £
| Cost
| At 31 January 2026 | 451,208
|  | ─────────
| Net book value
| At 31 January 2026 | 451,208
|  | ═════════
| At 31 January 2025 | 451,208
|  | ═════════

5. | Debtors | 2026 | 2025
|  | £ | £
| Trade debtors | 21,274 | 8,003
| Other debtors | 5,666 | 4,371
| Taxation (Note 8) | 3 | -
| Prepayments and accrued income | 123 | 123
|  | ───────── | ─────────
|  | 27,066 | 12,497
|  | ═════════ | ═════════

6. | Creditors | 2026 | 2025
| Amounts falling due within one year | £ | £
| Trade creditors | 7,094 | 45
| Amounts owed to connected parties (Note 11) | 15,152 | 28,152
| Taxation (Note 8) | 127 | 2,364
| Accruals | 2,147 | 3,025
|  | ───────── | ─────────
|  | 24,520 | 33,586
|  | ═════════ | ═════════

7. | Creditors | 2026 | 2025
| Amounts falling due after more than one year | £ | £
| Other creditors | 453,805 | 453,805
|  | ═════════ | ═════════
| Loans
| Repayable between one and two years | 453,805 | 453,805
|  | ═════════ | ═════════
| Creditors greater than one year comprise a loan from the company's sole shareholder. That shareholder has undertaken not to seek repayment for at least one year from the date of approving these accounts.

8. | Taxation | 2026 | 2025
|  | £ | £
| Debtors:
| Corporation tax | 3 | -
|  | ═════════ | ═════════
| Creditors:
| VAT | 127 | 2,072
| Corporation tax | - | 292
|  | ───────── | ─────────
|  | 127 | 2,364
|  | ═════════ | ═════════

9. | Financial Instruments
| The company has chosen to apply the provisions of Section 11 and 12 of FRS 102 to account for all of its financial instruments. The company is funded by by an unsecured loan from its parent, The Council of the Northern Ireland War Mermorial Incorporated. Interest is charged at an annual rate of 4% but there are no formal repayment terms.
|  | 2026 | 2025
|  | £ | £
| Financial liabilities at fair value
| Unsecured Loan | 453,805 | 453,805
|  | ═════════ | ═════════

10. | Capital commitments
| The company had no material capital commitments at the financial year-ended 31 January 2026.

11. | Related party transactions
| The following amounts are due to other connected parties:
|  |  |  | 2026 | 2025
|  |  |  | £ | £
|  |  |  | 15,152 | 28,152
|  |  |  | ═════════ | ═════════
| During the first year of trading, the company's parent advanced it £453,805 to assist with the acquisition of an investment property. Loan interest (being 4% annually for 12 months) was charged in the current year of £18,152 (2025: £18,152) together with a management fee of £12,000 (2025: £18,000).

12. | Controlling interest
| The controlling party is NIWM.

13. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the financial year-end.