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REGISTERED NUMBER: 12694590 (England and Wales)

| SHELF PROPERTIES LIMITED |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

SHELF PROPERTIES LIMITED (REGISTERED NUMBER: 12694590) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SHELF PROPERTIES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | M C Pogson

| K E Pogson

| C Pogson

| REGISTERED OFFICE: | 15 Holly Road North

| Wilmslow

| SK9 1LX

| REGISTERED NUMBER: | 12694590 (England and Wales)

| ACCOUNTANTS: | UHY BPR Heaton

| Chartered Accountants

| Glenewes House

| Gate Way Drive

| Leeds

| West Yorkshire

| LS19 7XY

SHELF PROPERTIES LIMITED (REGISTERED NUMBER: 12694590) |

BALANCE SHEET

31 MARCH 2026

| 2026 |  | 2025

| Notes | £ | £ |

FIXED ASSETS

Investment property | 4 | 206,280 |  | 206,280 |  |

CURRENT ASSETS

Debtors | 5 | 20,000 |  | - |  |

Cash at bank and in hand | 50,612 |  | 75,650 |  |

70,612 |  | 75,650 |  |

CREDITORS

Amounts falling due within one year | 6 | (15,752 | ) | (64,264 | ) |

NET CURRENT ASSETS | 54,860 |  | 11,386 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 261,140 |  | 217,666 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (64,500 | ) | (64,500 | ) |

PROVISIONS FOR LIABILITIES | (2,345 | ) | (2,345 | ) |

NET ASSETS | 194,295 |  | 150,821 |  |

CAPITAL AND RESERVES

Called up share capital | 150 |  | 150 |  |

Fair value reserve | 9 | 7,036 |  | 7,036 |  |

Retained earnings | 187,109 |  | 143,635 |  |

SHAREHOLDERS' FUNDS | 194,295 |  | 150,821 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

SHELF PROPERTIES LIMITED (REGISTERED NUMBER: 12694590) |

BALANCE SHEET - continued

31 MARCH 2026

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 Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by:

M C Pogson - Director

SHELF PROPERTIES LIMITED (REGISTERED NUMBER: 12694590) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Shelf Properties 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.

| The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest pound (£).

| Turnover

| Turnover represents rental income and service charges receivable from property, net of VAT.

| Investment property

| Investment property was revalued to its market value at the accounting date based on the professional valuation obtained dated 25 June 2025.

| Financial instruments

| Financial assets and financial liabilities are recognised when the company becomes a party to the

| contractual provisions of the instrument.

| Financial assets and liabilities are initially measured at transaction price, except for those financial

| assets classified as at fair value through profit or loss.

| Basic financial instruments

| Basic financial instruments are those with relatively straight forward terms and would normally include

| cash, bank balances, trade debtors and trade creditors.

| Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal

| commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at

| transaction price less impairment (if any) due to concerns over recoverability.

| 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.

SHELF PROPERTIES LIMITED (REGISTERED NUMBER: 12694590) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2025 - NIL).

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2025

| and 31 March 2026 | 206,280 |  |

| NET BOOK VALUE

| At 31 March 2026 | 206,280 |  |

| At 31 March 2025 | 206,280 |  |

| Investment property was revalued to the market value at the accounting date based on the valuation dated 25 June 2025 carried out by Jowett Chartered Surveyors and Estate Agents

5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other debtors | 20,000 |  | - |  |

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

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | - |  | 255 |  |

| Taxation and social security | 13,953 |  | 14,881 |  |

| Other creditors | 1,799 |  | 49,128 |  |

15,752 |  | 64,264 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other creditors | 64,500 |  | 64,500 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Bank loans | - |  | 255 |  |

| National Westminster Bank PLC has a fixed charge over the property at 2 Beech Avenue, Dalton, Huddersfield, HD5 8DZ, together with a fixed and floating charge over all the property or undertaking of the company.

SHELF PROPERTIES LIMITED (REGISTERED NUMBER: 12694590) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

9. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 April 2025

| and 31 March 2026 | 7,036 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026 | 2025 |

£ | £ |

| M C Pogson and K E Pogson

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 20,000 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 20,000 |  | - |  |

| The loan was repaid on 14 July 2026.