Company registration number 15122078 (England and Wales)
RLLR PROPERTIES UK LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
RLLR PROPERTIES UK LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 8
RLLR PROPERTIES UK LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
8,133,194
7,479,532
Current assets
Debtors
4
36,000
1,493,688
Cash at bank and in hand
223,839
213,989
259,839
1,707,677
Creditors: amounts falling due within one year
5
(105,389)
(319,468)
Net current assets
154,450
1,388,209
Total assets less current liabilities
8,287,644
8,867,741
Creditors: amounts falling due after more than one year
6
(1,418,186)
(3,500,000)
Provisions for liabilities
(148,785)
-
0
Net assets
6,720,673
5,367,741
Capital and reserves
Called up share capital
7
1,000
1,000
Other reserves
7
6,915,633
5,399,000
Profit and loss reserves
(195,960)
(32,259)
Total equity
6,720,673
5,367,741

The notes on pages 3 to 8 form part of these financial statements.

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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 June 2026 and are signed on its behalf by:
R G Cook III
Director
Company registration number 15122078 (England and Wales)
RLLR PROPERTIES UK LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
Share capital
Other reserves
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 January 2024
-
0
-
-
0
-
Year ended 31 December 2024:
Loss and total comprehensive income
-
-
(32,259)
(32,259)
Issue of share capital
7
1,000
-
-
1,000
Additional capital paid in
-
5,399,000
-
5,399,000
Balance at 31 December 2024
1,000
5,399,000
(32,259)
5,367,741
Year ended 31 December 2025:
Loss and total comprehensive income
-
-
(163,701)
(163,701)
Additional capital paid in
-
1,516,633
-
1,516,633
Balance at 31 December 2025
1,000
6,915,633
(195,960)
6,720,673

The notes on pages 3 to 8 form part of these financial statements.

RLLR PROPERTIES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

RLLR Properties UK Limited is a private company limited by shares and is incorporated in England and Wales, registered number 15122078. The address of its registered office is 5 New Street Square, London, EC4A 3TW and operates from premises in Woolpit, Bury St Edmunds, Suffolk.

Comparative amounts

The company was incorporated on 7 September 2023, and the prior period financial statements were from date of incorporation to period ended 31 December 2024. This means that the two periods in these financial statements are not wholly comparable.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The following principal accounting policies have been applied:

1.2
Revenue

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease.

1.3
Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land
Not depreciated
Buildings
Over 40 years

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

During the prior period, no fixed assets were in use and therefore, no depreciation was charged.

RLLR PROPERTIES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

RLLR PROPERTIES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision i s measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

1.9
Leases
As lessor

When the company acts as a lessor, a lease is classified as a finance lease whenever it transfers substantially all the risks and rewards of ownership of the underlying asset to the lessee, either at the end of the lease term or for the major part of the economic life of the asset.

1.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
RLLR PROPERTIES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
3
Tangible fixed assets
Land
Buildings
Assets under construction
Total
£
£
£
£
Cost
At 1 January 2025
-
0
-
0
7,479,532
7,479,532
Additions
-
0
808,280
-
0
808,280
Transfers
1,380,000
6,099,532
(7,479,532)
-
0
At 31 December 2025
1,380,000
6,907,812
-
0
8,287,812
Depreciation and impairment
At 1 January 2025
-
0
-
0
-
0
-
0
Depreciation charged in the year
-
0
154,618
-
0
154,618
At 31 December 2025
-
0
154,618
-
0
154,618
Carrying amount
At 31 December 2025
1,380,000
6,753,194
-
0
8,133,194
At 31 December 2024
-
0
-
0
7,479,532
7,479,532
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
36,000
-
0
Other debtors
-
0
1,400,198
Prepayments and accrued income
-
0
93,490
36,000
1,493,688
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
120,101
Amounts owed to group undertakings
81,914
193,648
Taxation and social security
17,700
-
0
Accruals and deferred income
5,775
5,719
105,389
319,468
RLLR PROPERTIES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
5
Creditors: amounts falling due within one year
(Continued)
- 7 -

Amounts owed to group undertakings of £74,641 due within one year are subject to interest at an annual rate equal to Bank of England current bank rate plus a margin of 1.85%. Other amounts owed to group undertakings falling due within one year are unsecured, interest free and are repayable on demand.

6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Amounts owed to group undertakings
1,418,186
3,500,000

Amounts owed to group undertakings falling due after more than one year are subject to interest at an annual rate equal to Bank of England current bank rate plus a margin of 1.85%. The first repayment is due 1 January 2026 and payable over a period of 10 years. Amounts of £1,044,979 are payable by instalments after 5 years.

7
Capital and reserves
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1,000
1,000
1,000
1,000
Other reserves
Other reserves represent additional paid-in capital received by the Company.
8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its loss for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

RLLR PROPERTIES UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
8
Audit report information
(Continued)
- 8 -
Senior Statutory Auditor:
Jonathan Moore ACCA
Statutory Auditor:
Whitings LLP
Date of audit report:
24 June 2026
9
Related party transactions

Where possible, the company has taken advantage of the exemption conferred by section 33.1A of Financial Reporting Standard 102: Related Party Disclosures; from the requirement to disclose with wholly-owned group companies.

10
Parent and ultimate controlling party

The company is under the control of its parent company AIV Europe Limited, a company registered in the UK. The ultimate parent undertaking is AIV Holding, a partnership established in the USA. Group financial statements are prepared but are not publicly available.

The parent's registered office and principal place of business are detailed at www.aivinc.com.

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