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REGISTERED NUMBER: 09279610 (England and Wales)

IRIE PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

| IRIE PROPERTIES LIMITED (REGISTERED NUMBER: 09279610) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

| Company Information | 1 |

| Abridged Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| IRIE PROPERTIES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTOR: | L A Avadis

| REGISTERED OFFICE: | 923 Finchley Road

| London

| NW11 7PE

| REGISTERED NUMBER: | 09279610 (England and Wales)

| ACCOUNTANTS: | JKA Accountancy Limited

| Marlborough House

| 298 Regents Park Road

| London

| N3 2SZ

| IRIE PROPERTIES LIMITED (REGISTERED NUMBER: 09279610) |

ABRIDGED STATEMENT OF FINANCIAL POSITION

31 OCTOBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 8 |  | 9 |  |

Investment property | 5 | 605,000 |  | 605,000 |  |

605,008 |  | 605,009 |  |

CURRENT ASSETS

Debtors | 3,310 |  | 3,611 |  |

Cash at bank and in hand | 15,726 |  | 12,067 |  |

19,036 |  | 15,678 |  |

CREDITORS

Amounts falling due within one year | 140,837 |  | 147,969 |  |

NET CURRENT LIABILITIES | (121,801 | ) | (132,291 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 483,207 |  | 472,718 |  |

CREDITORS

Amounts falling due after more than one year | 6 | (305,441 | ) | (305,441 | ) |

PROVISIONS FOR LIABILITIES | (11,564 | ) | (11,564 | ) |

NET ASSETS | 166,202 |  | 155,713 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 200 |  | 200 |  |

Revaluation reserve | 8 | 84,155 |  | 84,155 |  |

Capital Contribution Reserve | 520,000 |  | 520,000 |  |

Retained earnings | (438,153 | ) | (448,642 | ) |

SHAREHOLDERS' FUNDS | 166,202 |  | 155,713 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

| IRIE PROPERTIES LIMITED (REGISTERED NUMBER: 09279610) |

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued

31 OCTOBER 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 July 2026 and were signed by:

L A Avadis - Director

| IRIE PROPERTIES LIMITED (REGISTERED NUMBER: 09279610) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Irie 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 as modified by the revaluation of certain assets.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 15% on reducing balance

| Investment property

| Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on any revaluation at the prevailing tax rate expected to apply when the properties are sold.

| Financial instruments

| The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

| Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Debtors

| Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

| Cash and cash equivalents

| Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Creditors

| Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

| Income

| Income relates to rent receivable.

| IRIE PROPERTIES LIMITED (REGISTERED NUMBER: 09279610) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 52 |  |

| DEPRECIATION

| At 1 November 2024 | 43 |  |

| Charge for year | 1 |  |

| At 31 October 2025 | 44 |  |

| NET BOOK VALUE

| At 31 October 2025 | 8 |  |

| At 31 October 2024 | 9 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 November 2024

| and 31 October 2025 | 605,000 |  |

| NET BOOK VALUE

| At 31 October 2025 | 605,000 |  |

| At 31 October 2024 | 605,000 |  |

| The director is of the opinion that the fair value of the investment properties is as stated in the accounts. The Net Book Value of the Investment Property is £605,000.

| Fair value at 31 October 2025 is represented by:

£ |

| Valuation in 2022 | 17,418 |  |

| Valuation in 2017 | 84,155 |  |

| Cost | 503,427 |  |

605,000 |  |

| IRIE PROPERTIES LIMITED (REGISTERED NUMBER: 09279610) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

2025 | 2024 |

£ | £ |

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 305,441 |  | 305,441 |  |

| Bank loans are secured by First Legal Charges over the investment properties.

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 50 | "A" Shares | 1 | 50 |  | 50 |  |

| 50 | "B" Shares | 1 | 50 |  | 50 |  |

200 |  | 200 |  |

8. | RESERVES

| Revaluation

| reserve

£ |

| At 1 November 2024

| and 31 October 2025 | 84,155 |  |

9. | RELATED PARTY DISCLOSURES

| As at the year end, there is a loan outstanding amounting to £131,752 (2024: £140,552) from Laurie A Avadis & Co Limited, a company which shares a common director. The loan was received on an interest-free basis and is repayable on demand.