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Registration number: 03126790

Diplomat Property Developments Limited
Filleted Financial Statements
for the Year Ended 29 November 2025

Diplomat Property Developments Limited

Contents

Company Information | 1
Independent Auditor's Report | 2 to 4
Balance Sheet | 5
Notes to the Financial Statements | 6 to 11

Diplomat Property Developments Limited

Company Information

Directors | Mrs B J Davison-Shaw Mr D Shaw

Registered office | Holford House Hearthcote Road Swadlincote Derbyshire DE11 9BX

Auditors | Buckler Spencer Limited Old Police Station Church Street Swadlincote Derbyshire DE11 8LN

Diplomat Property Developments Limited

Independent Auditor's Report to the Members of Diplomat Property Developments Limited

Opinion

We have audited the financial statements of Diplomat Property Developments Limited (the 'company') for the year ended 29 November 2025, which comprise the Balance Sheet, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• | give a true and fair view of the state of the company's affairs as at 29 November 2025 and of its profit for the year then ended;
• | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
• | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Diplomat Property Developments Limited

Independent Auditor's Report to the Members of Diplomat Property Developments Limited

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• | the information given in the for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• | the has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the .

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

• | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
• | the financial statements are not in agreement with the accounting records and returns; or
• | certain disclosures of directors' remuneration specified by law are not made; or
• | we have not received all the information and explanations we require for our audit; or
• | the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.

Responsibilities of directors

As explained more fully in the [set out on page ], the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor Responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Due to small number of transactions all were checked for potential fraud

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

Diplomat Property Developments Limited

Independent Auditor's Report to the Members of Diplomat Property Developments Limited

This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s 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 the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

......................................
Richard Spencer BA FCA (Senior Statutory Auditor)
For and on behalf of Buckler Spencer Limited, Statutory Auditor
Old Police Station
Church Street
Swadlincote
Derbyshire
DE11 8LN

4 August 2026

Diplomat Property Developments Limited

(Registration number: 03126790)
Balance Sheet as at 29 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 1 | 1
Tangible assets | 5 | 1,099,200 | 1,112,458
|  | 1,099,201 | 1,112,459
Current assets |  |  |
Debtors | 6 | 8,152 | 8,152
Cash at bank and in hand |  | 123,050 | 103,215
|  | 131,202 | 111,367
Creditors: Amounts falling due within one year | 7 | (233,753) | (227,465)
Net current liabilities |  | (102,551) | (116,098)
Total assets less current liabilities |  | 996,650 | 996,361
Provisions for liabilities |  | (68,000) | (71,250)
Net assets |  | 928,650 | 925,111
Capital and reserves |  |  |
Called up share capital | 8 | 2 | 2
Retained earnings |  | 928,648 | 925,109
Shareholders' funds |  | 928,650 | 925,111

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 August 2026 and signed on its behalf by:

......................................... Mr D Shaw Director

Diplomat Property Developments Limited

Notes to the Financial Statements for the Year Ended 29 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Holford House
Hearthcote Road
Swadlincote
Derbyshire
DE11 9BX

These financial statements were authorised for issue by the Board on 4 August 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Diplomat Property Developments Limited

Notes to the Financial Statements for the Year Ended 29 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold Property | 2% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 10% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Diplomat Property Developments Limited

Notes to the Financial Statements for the Year Ended 29 November 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Diplomat Property Developments Limited

Notes to the Financial Statements for the Year Ended 29 November 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 30 November 2024 | 1 | 1
At 29 November 2025 | 1 | 1
Amortisation
Carrying amount
At 29 November 2025 | 1 | 1
At 29 November 2024 | 1 | 1

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 30 November 2024 | 1,228,953 | 14,895 | 1,243,848
At 29 November 2025 | 1,228,953 | 14,895 | 1,243,848
Depreciation
At 30 November 2024 | 123,942 | 7,448 | 131,390
Charge for the year | 9,534 | 3,724 | 13,258
At 29 November 2025 | 133,476 | 11,172 | 144,648
Carrying amount
At 29 November 2025 | 1,095,477 | 3,723 | 1,099,200
At 29 November 2024 | 1,105,011 | 7,447 | 1,112,458

Included within the net book value of land and buildings above is £1,095,477 (2024 - £1,105,011) in respect of freehold land and buildings.

Diplomat Property Developments Limited

Notes to the Financial Statements for the Year Ended 29 November 2025

6 | debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 9 | 8,152 | 8,152
|  | 8,152 | 8,152

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Accruals and deferred income |  | 1,749 | 1,749
Other creditors |  | 150 | 150
Kingspride Properties Ltd |  | 130,000 | 130,000
Your Health Ltd |  | 101,854 | 95,566
| 7.1 | 233,753 | 227,465

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2

Diplomat Property Developments Limited

Notes to the Financial Statements for the Year Ended 29 November 2025

9 | Related party transactions

Loans from related parties

2025 | Other related parties £ | Total £
At start of period | 212,157 | 212,157
At end of period | 212,157 | 212,157

2024 | Other related parties £ | Total £
At start of period | 212,157 | 212,157
At end of period | 212,157 | 212,157

10 | Parent and ultimate parent undertaking

The company's immediate parent is Farrowdale Properties Limited, incorporated in British Virgin Islands.