Greenmount Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: NI022278

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	5		780,000		570,000

			780,000		570,000
CURRENT ASSETS
Debtors	6	18,903		20,225
Investments	7	165,050		101,187
Cash at bank and in hand		1,100,951		1,031,280

		1,284,904		1,152,692
Creditors: Amounts Falling Due Within One Year	8	(654,586 )		(636,327 )

NET CURRENT ASSETS (LIABILITIES)			630,318		516,365

TOTAL ASSETS LESS CURRENT LIABILITIES			1,410,318		1,086,365

NET ASSETS			1,410,318		1,086,365

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			1,410,316		1,086,363

SHAREHOLDERS' FUNDS			1,410,318		1,086,365

Page 1

Page 2

Greenmount Properties Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr William Desmond Black

Director

29 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Greenmount Properties Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI022278 . The registered office is Garvey Studios, 14 Longstone Street, Lisburn, Co. Antrim, BT28 1TP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents the total invoice value, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% on cost
Fixtures & Fittings	25% on cost

2.4. Investment Properties

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. No depreciation is provided for.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 January 2025	15,041	2,224	17,265

As at 31 December 2025	15,041	2,224	17,265

Depreciation
As at 1 January 2025	15,041	2,224	17,265

As at 31 December 2025	15,041	2,224	17,265

Net Book Value
As at 31 December 2025	-	-	-

As at 1 January 2025	-	-	-

Page 3

Page 4

Greenmount Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 January 2025	570,000
Revaluations	210,000

As at 31 December 2025	780,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	776,341	776,341

Investment property was valued on an open market basis during the year ended 31 December 2025 by the Directors.

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,440	4,943
Other debtors	15,463	15,282

	18,903	20,225

7. Current Asset Investments

	2025	2024
	£	£
Unlisted investments	165,050	101,187

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	1
Other creditors	654,586	636,326

	654,586	636,327

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Ultimate Controlling Party

The company is controlled by the directors who own 100% of the share capital.