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REGISTERED NUMBER: 00567947 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2026

for

Watergate Properties (Ellesmere) Limited

| Watergate Properties (Ellesmere) Limited (Registered number: 00567947) |

Contents of the Financial Statements

for the Year Ended 5 April 2026

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Watergate Properties (Ellesmere) Limited |

Company Information

for the Year Ended 5 April 2026

| Directors: | K J Kelly

| E G Rees

| Secretary: | K J Kelly

| Registered office: | 12 Grosvenor Road

| Wrexham

| LL11 1BU

| Registered number: | 00567947 (England and Wales)

| Accountants: | Ellis & Co

| Chartered Accountants

| 114-120 Northgate Street

| Chester

| CH1 2HT

| Watergate Properties (Ellesmere) Limited (Registered number: 00567947) |

Statement of Financial Position

5 April 2026

| 5/4/26 | 5/4/25 |

| Notes | £ | £ | £ | £ |

Fixed assets

Tangible assets | 4 | - |  | 6,684 |  |

Investments | 5 | 2,335,886 |  | 2,123,547 |  |

Investment property | 6 | 2,663,000 |  | 2,693,000 |  |

4,998,886 |  | 4,823,231 |  |

Current assets

Debtors | 7 | 10,457 |  | 12,152 |  |

Cash at bank | 868,334 |  | 784,428 |  |

878,791 |  | 796,580 |  |

Creditors

Amounts falling due within one year | 8 | 100,620 |  | 96,208 |  |

Net current assets | 778,171 |  | 700,372 |  |

Total assets less current liabilities | 5,777,057 |  | 5,523,603 |  |

Provisions for liabilities | 9 | 623,149 |  | 609,873 |  |

Net assets | 5,153,908 |  | 4,913,730 |  |

Capital and reserves

Called up share capital | 800 |  | 800 |  |

Other reserves | 10 | 1,708,451 |  | 1,730,951 |  |

Retained earnings | 10 | 3,444,657 |  | 3,181,979 |  |

5,153,908 |  | 4,913,730 |  |

| Watergate Properties (Ellesmere) Limited (Registered number: 00567947) |

Statement of Financial Position - continued

5 April 2026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

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 6 August 2026 and were signed on its behalf by:

K J Kelly - Director

| Watergate Properties (Ellesmere) Limited (Registered number: 00567947) |

Notes to the Financial Statements

for the Year Ended 5 April 2026

1. | Statutory information

| Watergate Properties (Ellesmere) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Revenue from property rental is recognised on an 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.

| Motor vehicles | - | 20% on cost

| 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.

| Financial instruments

| A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Debt instruments are subsequently measured at amortised cost.

| 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 statement of financial position date.

| Watergate Properties (Ellesmere) Limited (Registered number: 00567947) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2026

2. | Accounting policies - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Operating leases

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Investments

| Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

3. | Employees and directors

| The average number of employees during the year was 2 (2025 - 2 ) .

4. | Tangible fixed assets

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| Cost

| At 6 April 2025

| and 5 April 2026 | 33,417 |  | 580 |  | 33,997 |  |

| Depreciation

| At 6 April 2025 | 26,733 |  | 580 |  | 27,313 |  |

| Charge for year | 6,684 |  | - |  | 6,684 |  |

| At 5 April 2026 | 33,417 |  | 580 |  | 33,997 |  |

| Net book value

| At 5 April 2026 | - |  | - |  | - |  |

| At 5 April 2025 | 6,684 |  | - |  | 6,684 |  |

| Watergate Properties (Ellesmere) Limited (Registered number: 00567947) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2026

5. | Fixed asset investments

| Other

| investments

£ |

| Cost or valuation

| At 6 April 2025 | 2,123,547 |  |

| Additions | 738,613 |  |

| Disposals | (808,631 | ) |

| Revaluations | 282,357 |  |

| At 5 April 2026 | 2,335,886 |  |

| Net book value

| At 5 April 2026 | 2,335,886 |  |

| At 5 April 2025 | 2,123,547 |  |

6. | Investment property

| Total

£ |

| Fair value

| At 6 April 2025 | 2,693,000 |  |

| Revaluations | (30,000 | ) |

| At 5 April 2026 | 2,663,000 |  |

| Net book value

| At 5 April 2026 | 2,663,000 |  |

| At 5 April 2025 | 2,693,000 |  |

| Investment property is shown at its most recent valuation.

7. | Debtors: amounts falling due within one year |

| 5/4/26 |  | 5/4/25

£ | £ |

| Trade debtors | 99 |  | 8,411 |  |

| Other debtors | 10,358 |  | 3,741 |  |

10,457 |  | 12,152 |  |

8. | Creditors: amounts falling due within one year |

| 5/4/26 |  | 5/4/25

£ | £ |

| Taxation and social security | 214 |  | 115 |  |

| Other creditors | 100,406 |  | 96,093 |  |

100,620 |  | 96,208 |  |

| Watergate Properties (Ellesmere) Limited (Registered number: 00567947) |

Notes to the Financial Statements - continued

for the Year Ended 5 April 2026

9. | Provisions for liabilities

| 5/4/26 |  | 5/4/25

£ | £ |

| Deferred tax

| Accelerated capital allowances | - |  | 1,671 |  |

| Revaluation gains | 623,149 |  | 608,202 |  |

623,149 |  | 609,873 |  |

| Deferred |

| tax |

£ |

| Balance at 6 April 2025 | 609,873 |  |

| Charge to Income Statement during year | 13,276 |  |

| Balance at 5 April 2026 | 623,149 |  |

10. | Reserves

| Under FRS 102 surpluses on the revaluation of investment property are treated as fair value adjustments and are recognised in the statement of income. However under company law, these surpluses are not distributable. In these financial statements, the cumulative non-distributable revaluation surpluses have been included in other reserves. On disposal of an investment property, any revaluation surplus realised on disposal is transferred to distributable reserves.

11. | Related party disclosures

| During the year donations made to the parent charity were £142,000 (2025: £400,000).