REGISTERED NUMBER: 13759753 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

ORMONDE PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Corness

N M Limb

REGISTERED OFFICE:

C/o Crowe Uk Llp, 3rd Floor,

St Georges House

56 Peter Street

Manchester

Greater Manchester

M2 3NQ

REGISTERED NUMBER:

13759753 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

3rd Floor

St George's House

56 Peter Street

Manchester

M2 3NQ

FIXED ASSETS

Investments

4

1,331,798

1,251,578

CURRENT ASSETS

Debtors

5

600

600

Cash at bank

37,675

38,622

38,275

39,222

CREDITORS

Amounts falling due within one year

6

4,244

3,960

NET CURRENT ASSETS

34,031

35,262

TOTAL ASSETS LESS CURRENT LIABILITIES

1,365,829

1,286,840

CREDITORS

Amounts falling due after more than one year

7

(1,612,740

)

(1,507,423

)

PROVISIONS FOR LIABILITIES

(20,427

)

(20,427

)

NET LIABILITIES

(267,338

)

(241,010

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(268,338

)

(242,010

)

(267,338

)

(241,010

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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 25 August 2026 and were signed on its behalf by:

M Corness - Director

1.	STATUTORY INFORMATION

Ormonde Properties Ltd 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 represents dividends and interest receivable from investments and similar income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Fixed asset investments

Investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised as gain or loss on investments.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

Cost

At 1 December 2024

1,251,578

Additions

660,516

Disposals

(649,325

)

Share of profit/(loss)

69,029

At 30 November 2025

1,331,798

Net book value

At 30 November 2025

1,331,798

At 30 November 2024

1,251,578

Investments are held at fair market value.

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other debtors

600

600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

111

-

Other creditors

4,133

3,960

4,244

3,960

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,612,740

1,507,423

8.	SHAREHOLDER TRANSACTIONS

At the year end the company owed the shareholders a total amount of £1,612,740 (2024: £1,507,423). This amount is repayable 50 years after the date of the loan agreement on 28 March 2022, unless determined by the directors. The principal amount draws interest daily at the same rate as HMRC's late payment rate at the time and is included within other creditors.

9.	ULTIMATE CONTROLLING PARTY

The directors are the Ultimate Controlling Parties by virtue of their shareholdings in the company.