BrightAccountsProduction v1.0.0 v1.0.0 2024-11-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is other letting and operating of own or leased real estate. 21 July 2026 1 1 NI703921 2025-10-31 NI703921 2024-10-31 NI703921 2023-10-31 NI703921 2024-11-01 2025-10-31 NI703921 2023-11-01 2024-10-31 NI703921 uk-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 NI703921 uk-curr:PoundSterling 2024-11-01 2025-10-31 NI703921 uk-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 NI703921 uk-bus:FullAccounts 2024-11-01 2025-10-31 NI703921 uk-bus:Director1 2024-11-01 2025-10-31 NI703921 uk-bus:RegisteredOffice 2024-11-01 2025-10-31 NI703921 uk-bus:Agent1 2024-11-01 2025-10-31 NI703921 uk-bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 NI703921 uk-core:ShareCapital 2025-10-31 NI703921 uk-core:ShareCapital 2024-10-31 NI703921 uk-core:RetainedEarningsAccumulatedLosses 2025-10-31 NI703921 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 NI703921 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-10-31 NI703921 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 NI703921 uk-bus:FRS102 2024-11-01 2025-10-31 NI703921 uk-core:CurrentFinancialInstruments 2025-10-31 NI703921 uk-core:CurrentFinancialInstruments 2024-10-31 NI703921 uk-core:WithinOneYear 2025-10-31 NI703921 uk-core:WithinOneYear 2024-10-31 NI703921 2024-11-01 2025-10-31 xbrli:pure iso4217:GBP iso4217:USD xbrli:shares

Company Registration Number: NI703921

FS Property Holdings Ltd

Unaudited Financial Statements

for the financial year ended 31 October 2025

FS Property Holdings Ltd

DIRECTOR AND OTHER INFORMATION

Director | Mr Thomas William Smyth
Company Registration Number | NI703921
Registered Office | 2-12 Montgomery Street
| Lesley Suites, 7th Floor
| Belfast
| BT1 4NX
Business Address | 64 Donegall Quay Apt 1.1
| Belfast
| BT1 3NG
| United Kingdom
Accountants | Quarter
| Chartered Accountants
| St.Annes House
| Cathedral Quarter
| 15 Church Street
| Antrim
| BT1 1PG
Bankers | ANNA Bank
| Brunel House,
| 2 Fitzalan Road,
| Cardiff,
| Wales,
| CF24 0EB
| Wales

FS Property Holdings Ltd

CHARTERED ACCOUNTANTS REPORT

to the Director on the Compilation of the unaudited financial statements of FS Property Holdings Ltd

for the financial year ended 31 October 2025

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 October 2025 as set out on pages to which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the director of FS Property Holdings Ltd, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.

We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position for the year ended 31 October 2025 your duty to ensure that FS Property Holdings 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 FS Property Holdings Ltd. You consider that FS Property Holdings Ltd is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of FS Property Holdings Ltd. For this reason, we have not verified the adequacy, 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.

__________________________________

QUARTER

Chartered Accountants and Statutory Auditors

St.Annes House

Cathedral Quarter

15 Church Street

Antrim

BT1 1PG

21 July 2026

FS Property Holdings Ltd

Company Registration Number: NI703921

STATEMENT OF FINANCIAL POSITION

as at 31 October 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Current Assets

Receivables |  | 5 | 15,982 |  | 16,000
Cash and cash equivalents |  |  | 308 |  | 7,822
|  |  | ───────── |  | ─────────
|  |  | 16,290 |  | 23,822
|  |  | ───────── |  | ─────────
Payables: amounts falling due within one year |  | 6 | (8,343) |  | (6,052)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 7,947 |  | 17,770
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 7,947 |  | 17,770
|  |  | ═════════ |  | ═════════
Equity

Called up share capital |  |  | 1 |  | 1
Retained earnings |  |  | 7,946 |  | 17,769
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 7,947 |  | 17,770
|  |  | ═════════ |  | ═════════
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 Income Statement and Director's Report.

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms 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 director acknowledges his 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 Director and authorised for issue on 21 July 2026

________________________________ |  |  |  |  |
Mr Thomas William Smyth |  |  |  |  |
Director |  |  |  |  |

FS Property Holdings Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 October 2025

1. | General Information
| FS Property Holdings Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI703921. The registered office of the company is 2-12 Montgomery Street, Lesley Suites, 7th Floor, Belfast, BT1 4NX. The principal activity of the company is other letting and operating of own or leased real estate. 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 financial year ended 31 October 2025 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 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.
| Trade and other receivables
| Trade and other receivables 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.
| Trade and other payables
| Trade and other payables 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
| The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
| 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 Statement of Financial Position 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 Statement of Financial Position date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position 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 Income Statement.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Period of financial statements
| The comparative figures relate to the 12 month period ended 31 October 2024.

4. | Employees
| The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
|  | 2025 | 2024
|  | Number | Number
| Director | 1 | 1
|  | ═════════ | ═════════

5. | Receivables | 2025 | 2024
|  | £ | £
| Amounts owed by connected parties (Note 9) | 15,419 | 16,000
| Prepayments and accrued income | 563 | -
|  | ───────── | ─────────
|  | 15,982 | 16,000
|  | ═════════ | ═════════

6. | Payables | 2025 | 2024
| Amounts falling due within one year | £ | £
| Taxation (Note 7) | 6,583 | 5,552
| Accruals | 1,760 | 500
|  | ───────── | ─────────
|  | 8,343 | 6,052
|  | ═════════ | ═════════

7. | Taxation | 2025 | 2024
|  | £ | £
| Payables:
| Corporation tax | 6,583 | 5,552
|  | ═════════ | ═════════

8. | Capital commitments
| The company had no material capital commitments at the financial year-ended 31 October 2025.

9. | Related party transactions
|  | Balance | Movement | Balance | Maximum
|  | 2025 | in year | 2024 | in year
|  | £ | £ | £ | £
| Dreams Mentoring Ltd | 14,000 | (2,000) | 16,000 | 16,000
| Luxury Apartments Manchester Limited | 1,419 | 1,419 | - | 1,419
|  | ───────── | ───────── | ───────── | ═════════
|  | 15,419 | (581) | 16,000 |
|  | ═════════ | ═════════ | ═════════ |
| Dreams Mentoring Limited Thomas William Smyth is the director of Dreams Mentoring Limited and FS Property Holdings Limited. As at 31st October 2024 there was £16,000 owed by Dreams Mentoring Limited. During the year there was net movement of £2,000. As at 31st October 2025 Dreams Mentoring Ltd owed FS Property Holdings Ltd £14,000. Luxury Apartments Manchester Limited Thomas William Smyth is the director of Luxury Apartments Manchester Limited. As at 31st October 2024 there was £Nil owed by Luxury Apartments Manchester Limited. During the year there was net movement of £1,419. As at 31st October 2025 Luxury Apartments Manchester Limited owed FS Property Holdings Ltd £1,419.

10. | Events After the End of the Reporting Period
| There have been no significant events affecting the company since the financial year-end.