REGISTERED NUMBER: 12998155 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

INNOVATION PROPERTY GROUP LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

Mr D Oates

Mrs A Oates

REGISTERED OFFICE:

11 Furlong Road

Stamford Bridge

York

YO41 1PX

REGISTERED NUMBER:

12998155 (England and Wales)

ACCOUNTANTS:

D & J Randles

10 The Crescent

Adel

Leeds

West Yorkshire

LS16 6AA

FIXED ASSETS

Tangible assets

4

291

-

Investment property

5

866,000

596,000

866,291

596,000

CURRENT ASSETS

Stocks

104,694

171,091

Debtors

16,672

32,113

Cash at bank and in hand

55,924

79,980

177,290

283,184

CREDITORS

Amounts falling due within one year

247,410

243,267

NET CURRENT (LIABILITIES)/ASSETS

(70,120

)

39,917

TOTAL ASSETS LESS CURRENT LIABILITIES

796,171

635,917

CREDITORS

Amounts falling due after more than one year

6

(378,715

)

(378,715

)

PROVISIONS FOR LIABILITIES

9

(87,468

)

(55,377

)

NET ASSETS

329,988

201,825

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

329,986

201,823

SHAREHOLDERS' FUNDS

329,988

201,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 March 2026 and were signed on its behalf by:

Mr D Oates - Director

1.	STATUTORY INFORMATION

Innovation Property Group Ltd 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 (£).

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 represents rents receivable in respect of the company's investment properties, consultancy fees and the proceeds realised from properties acquired for subsequent sale. The company is not registered for value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

435

At 30 November 2025

435

DEPRECIATION

Charge for year

144

At 30 November 2025

144

NET BOOK VALUE

At 30 November 2025

291

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

596,000

Additions

141,637

Revaluations

128,363

At 30 November 2025

866,000

NET BOOK VALUE

At 30 November 2025

866,000

At 30 November 2024

596,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2024

221,509

Valuation in 2025

128,363

Cost

516,128

866,000

If Investment Properties had not been revalued it would have been included at the following historical cost:

30.11.25

30.11.24

£

£

Cost

516,128

374,491

Investment Properties was valued on an open market basis on 30 November 2025 by the Director .

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

30.11.25

30.11.24

£

£

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

378,715

378,715

7.

LOANS

An analysis of the maturity of loans is given below:

30.11.25

30.11.24

£

£

Amounts falling due within one year or on demand:

Other loans

98,664

88,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

378,715

378,715

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Other loans

477,379

467,215

9.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

87,468

55,377

Deferred

tax

£

Balance at 1 December 2024

55,377

Provided during year

32,091

Balance at 30 November 2025

87,468

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 Balance Sheet. 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 Innovation Property Group Ltd for the year ended 30 November 2025 which comprise the Income Statement, Abridged Balance Sheet, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Innovation Property Group Ltd, 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 Innovation Property Group Ltd and state those matters that we have agreed to state to the Board of Directors of Innovation Property Group Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Innovation Property Group Ltd 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 Innovation Property Group Ltd. You consider that Innovation Property Group Ltd 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 Innovation Property Group Ltd. 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.

D & J Randles

10 The Crescent

Adel

Leeds

West Yorkshire

LS16 6AA

6 March 2026