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REGISTERED NUMBER: 09076097 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

FOR

ISLAND COMMERCIAL PROPERTY LIMITED

ISLAND COMMERCIAL PROPERTY LIMITED (REGISTERED NUMBER: 09076097)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

ISLAND COMMERCIAL PROPERTY LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2026

| DIRECTORS: | M Groundsell

| Mrs J E Quirke

| REGISTERED OFFICE: | 1 Langley Court

| Pyle Street

| Newport

| Isle of Wight

| PO30 1LA

| REGISTERED NUMBER: | 09076097 (England and Wales)

| ACCOUNTANTS: | Xeinadin Isle of Wight

| 1 Langley Court

| Pyle Street

| Newport

| Isle of Wight

| PO30 1LA

ISLAND COMMERCIAL PROPERTY LIMITED (REGISTERED NUMBER: 09076097)

BALANCE SHEET

30 JUNE 2026

2026 | 2025 |

| Notes | £ | £

CURRENT ASSETS

Stocks | 14,189 |  | 20,039 |  |

CREDITORS

Amounts falling due within one year | 4 | 12,495 |  | 19,503 |  |

NET CURRENT ASSETS | 1,694 |  | 536 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,694 |  | 536 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 1,594 |  | 436 |  |

SHAREHOLDERS' FUNDS | 1,694 |  | 536 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 13 August 2026 and were signed on its behalf by:

M Groundsell - Director

ISLAND COMMERCIAL PROPERTY LIMITED (REGISTERED NUMBER: 09076097)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

1. | STATUTORY INFORMATION

| Island Commercial Property 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. | EMPLOYEES AND DIRECTORS

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

4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

| £ | £

| Other creditors | 12,495 |  | 19,503 |  |

| Other creditors consist of £810 accrued accountancy fees (2025: £798) plus £11,685 owed to Mark Groundsell (2025: £18,705).

5. | RELATED PARTY DISCLOSURES

| During the year the company provided construction and building services to Mark Groundsell, a director. Sales during the year to Mark Groundsell totalled £28,244 (2025: £13,366) which was paid in full. The directors consider these sales to be at a commercial rate.

6. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is M Groundsell.