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REGISTERED NUMBER: 07187267 (England and Wales)

| Unaudited Financial Statements |

| For The Year Ended 31 December 2025 |

| for |

| San Jaume Property Limited |

| San Jaume Property Limited (Registered number: 07187267) |

Contents of the Financial Statements

For The Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| San Jaume Property Limited |

Company Information

For The Year Ended 31 December 2025

| DIRECTOR: | A F Hinnen

| REGISTERED OFFICE: | Goodridge Court

| Goodridge Avenue

| Gloucester

| Gloucestershire

| GL2 5EN

| REGISTERED NUMBER: | 07187267 (England and Wales)

| ACCOUNTANTS: | Kingscott Dix Limited

| Chartered Accountants

| Goodridge Court

| Goodridge Avenue

| Gloucester

| Gloucestershire

| GL2 5EN

| San Jaume Property Limited (Registered number: 07187267) |

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 155 |  | 422 |  |

Investment property | 5 | 795,000 |  | 515,924 |  |

795,155 |  | 516,346 |  |

CURRENT ASSETS

Cash at bank | 23,724 |  | 3,860 |  |

CREDITORS

Amounts falling due within one year | 6 | 518,783 |  | 497,369 |  |

NET CURRENT LIABILITIES | (495,059 | ) | (493,509 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 300,096 |  | 22,837 |  |

PROVISIONS FOR LIABILITIES | 3,994 |  | 4,528 |  |

NET ASSETS | 296,102 |  | 18,309 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Fair Value Reserve | 316,536 |  | 37,460 |  |

Retained earnings | (20,436 | ) | (19,153 | ) |

SHAREHOLDERS' FUNDS | 296,102 |  | 18,309 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

| San Jaume Property Limited (Registered number: 07187267) |

Balance Sheet - continued

31 December 2025

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 director and authorised for issue on 20 July 2026 and were signed by:

A F Hinnen - Director

| San Jaume Property Limited (Registered number: 07187267) |

Notes to the Financial Statements

For The Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| San Jaume Property 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.

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 rental income from the Company's investment property, arising from short term holiday lets, excluding VAT. The Company recognises such revenue on a straight line accruals basis.

| Tangible fixed assets

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

| Furniture and fixtures - 20% 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.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets which include cash and bank balances are measured at transaction price including transaction costs.

| Impairment of financial assets

| Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in profit or loss.

| San Jaume Property Limited (Registered number: 07187267) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

| Basic financial liabilities

| Basic financial liabilities, including trade and other creditors, are recognised at transaction price.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. | EMPLOYEES AND DIRECTORS

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

| San Jaume Property Limited (Registered number: 07187267) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Furniture

| & Fixtures

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 27,739 |  |

| DEPRECIATION

| At 1 January 2025 | 27,317 |  |

| Charge for year | 267 |  |

| At 31 December 2025 | 27,584 |  |

| NET BOOK VALUE

| At 31 December 2025 | 155 |  |

| At 31 December 2024 | 422 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025 | 515,924 |  |

| Revaluations | 279,076 |  |

| At 31 December 2025 | 795,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 795,000 |  |

| At 31 December 2024 | 515,924 |  |

| Investment property is shown at most recent revaluation. Any aggregate surplus or deficit arising from changes in the fair value is recognised in the profit and loss account through the income statement. A transfer is made from the profit and loss account to the fair value reserve for this unrealised profit or loss.

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2017 | 46,247 |  |

| Valuation in 2025 | 279,076 |  |

| Cost | 469,677 |  |

795,000 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

| 31.12.25 |  | 31.12.24

£ | £ |

| Cost | 469,677 |  | 469,677 |  |

| Investment property was valued on an open market basis on 31 December 2018 by director of San Jaume Property Limited .

| San Jaume Property Limited (Registered number: 07187267) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2025

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Directors' current accounts | 518,183 |  | 496,769 |  |

| Accruals and deferred income | 600 |  | 600 |  |

518,783 |  | 497,369 |  |