BrightAccountsProduction v1.0.0 v1.0.0 2025-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of management of real estate on a fee or contract basis. 4 August 2026 2 2 NI637280 2026-03-31 NI637280 2025-03-31 NI637280 2024-03-31 NI637280 2025-04-01 2026-03-31 NI637280 2024-04-01 2025-03-31 NI637280 uk-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 NI637280 uk-curr:PoundSterling 2025-04-01 2026-03-31 NI637280 uk-bus:AbridgedAccounts 2025-04-01 2026-03-31 NI637280 uk-core:ShareCapital 2026-03-31 NI637280 uk-core:ShareCapital 2025-03-31 NI637280 uk-core:RetainedEarningsAccumulatedLosses 2026-03-31 NI637280 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI637280 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2026-03-31 NI637280 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 NI637280 uk-bus:FRS102 2025-04-01 2026-03-31 NI637280 uk-core:FurnitureFittingsToolsEquipment 2025-04-01 2026-03-31 NI637280 uk-core:CostValuation 2026-03-31 NI637280 2025-04-01 2026-03-31 NI637280 uk-bus:Director1 2025-04-01 2026-03-31 NI637280 uk-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI637280

SOM Properties (N.I.) Ltd

Abridged Unaudited Financial Statements

for the financial year ended 31 March 2026

SOM Properties (N.I.) Ltd

Company Registration Number: NI637280

ABRIDGED BALANCE SHEET

as at 31 March 2026

|  |  | 2026 |  | 2025
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 2,656,633 |  | 2,656,633
Investments |  | 5 | 3 |  | 3
|  |  | ───────── |  | ─────────
Fixed Assets |  |  | 2,656,636 |  | 2,656,636
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  |  | 710,954 |  | 1,271,813
Cash and cash equivalents |  |  | 324,866 |  | 160,587
|  |  | ───────── |  | ─────────
|  |  | 1,035,820 |  | 1,432,400
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  |  | (3,044,469) |  | (3,035,797)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (2,008,649) |  | (1,603,397)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 647,987 |  | 1,053,239
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 10 |  | 10
Retained earnings |  |  | 647,977 |  | 1,053,229
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 647,987 |  | 1,053,239
|  |  | ═════════ |  | ═════════
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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm 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 directors acknowledge their 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 Board and authorised for issue on 4 August 2026 and signed on its behalf by

________________________________ |  |  |  |  |
Mr. Seamus Murray |  |  |  |  |
Director |  |  |  |  |

SOM Properties (N.I.) Ltd

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 March 2026

1. | General Information
| SOM Properties (N.I.) Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI637280. The registered office of the company is 5 Creagh Business Park, Hillhead Road, Toomebridge, Antrim, BT41 3UF which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. 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 year ended 31 March 2026 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 on the going concern basis and in accordance with the historical cost convention 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. Revenue is recogised in the period in which it relates.
| Tangible assets and depreciation
| Tangible assets are stated at cost, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Fixtures, fittings and equipment | - | 25% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
| Investments
| Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the year in which it is receivable.
| Trade and other debtors
| Trade and other debtors 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 creditors
| Trade and other creditors 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.
| 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 Balance Sheet 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 Balance Sheet date.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including directors, during the financial year was 2 (2024 - 2).
|  | 2026 | 2025
|  | Number | Number
| Directors | 2 | 2
|  | ═════════ | ═════════

4. | Tangible assets
|  | Investment | Fixtures, | Total
|  | properties | fittings and |
|  |  | equipment |
|  | £ | £ | £
| Cost
| At 1 April 2025 | 2,656,633 | 39,000 | 2,695,633
|  | ───────── | ───────── | ─────────
| At 31 March 2026 | 2,656,633 | 39,000 | 2,695,633
|  | ───────── | ───────── | ─────────
| Depreciation
| At 1 April 2025 | - | 39,000 | 39,000
|  | ───────── | ───────── | ─────────
| At 31 March 2026 | - | 39,000 | 39,000
|  | ───────── | ───────── | ─────────
| Net book value
| At 31 March 2026 | 2,656,633 | - | 2,656,633
|  | ═════════ | ═════════ | ═════════
| At 31 March 2025 | 2,656,633 | - | 2,656,633
|  | ═════════ | ═════════ | ═════════

5. | Investments
|  | Group and | Total
|  | participating |
|  | interests/ |
|  | joint ventures |
| Investments | £ | £
| Cost
| At 31 March 2026 | 3 | 3
|  | ───────── | ─────────
| Net book value
| At 31 March 2026 | 3 | 3
|  | ═════════ | ═════════
| At 31 March 2025 | 3 | 3
|  | ═════════ | ═════════