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Company registration number: NI655014
Rathhill Property Limited
Unaudited filleted financial statements
31 August 2025
Rathhill Property Limited
Contents
Directors and other information
Accountants report
Balance sheet
Notes to the financial statements
Rathhill Property Limited
Directors and other information

| Directors | Mr Mark Wright
|  | Mr Richard Wright
| Company number | NI655014
| Registered office | 21 Rowantree Road
|  | Dromore
|  | Down
|  | BT25 1NN
| Accountants | Jones Peters
|  | 6 Church Street
|  | Banbridge
|  | Down
|  | BT32 4AA

| Bankers | Danske Bank
|  | 45-48 High Street
|  | Portadown
|  | Armagh
|  | BT62 1LB
| Solicitors | Conn & Fenton
|  | 56 Bachelors Walk
|  | Lisburn
|  | Down
|  | BT28 1 XN

Rathhill Property Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Rathhill Property Limited
Year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rathhill Property Limited for the year ended 31 August 2025 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the board of directors of Rathhill Property Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Rathhill Property Limited and state those matters that we have agreed to state to the board of directors of Rathhill Property Limited as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rathhill Property Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Rathhill Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rathhill Property Limited. You consider that Rathhill Property Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Rathhill Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Jones Peters
Chartered Accountants
6 Church Street
Banbridge
Down
BT32 4AA
16 June 2026
Rathhill Property Limited
Balance sheet
31 August 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Investments |  | 5 | 3,608,912 |  |  |  | 1,882,455 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 3,608,912 |  |  |  | 1,882,455
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 6 | 444,946 |  |  |  | 3,344 |  |
Cash at bank and in hand |  |  | 617,682 |  |  |  | 1,266,343 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 1,062,628 |  |  |  | 1,269,687 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 7 | ( 3,872,674) |  |  |  | ( 2,503,359) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current liabilities |  |  |  |  | ( 2,810,046) |  |  |  | ( 1,233,672)
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 798,866 |  |  |  | 648,783
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 798,866 |  |  |  | 648,783
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  | 798,766 |  |  |  | 648,683
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 798,866 |  |  |  | 648,783
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 16 June 2026 , and are signed on behalf of the board by:
Mr Mark Wright Mr Richard Wright
Director Director
Company registration number: NI655014
Rathhill Property Limited
Notes to the financial statements
Year ended 31 August 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 21 Rowantree Road, Dromore, Down, BT25 1NN.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2024: Nil).
5. Investments

|  | Investment properties | Total |  |  |
|  | £ | £ |  |  |
| Cost |  |  |  |  |
| At 1 September 2024 | 1,882,455 | 1,882,455 |  |  |
| Additions | 5,526,457 | 5,526,457 |  |  |
| Disposals | ( 3,800,000) | ( 3,800,000) |  |  |
|  | _______ | _______ |  |  |
| At 31 August 2025 | 3,608,912 | 3,608,912 |  |  |
|  | _______ | _______ |  |  |
| Impairment |  |  |  |  |
| At 1 September 2024 and 31 August 2025 | - | - |  |  |
|  | _______ | _______ |  |  |
| Carrying amount |  |  |  |  |
| At 31 August 2025 | 3,608,912 | 3,608,912 |  |  |
|  | _______ | _______ |  |  |
| At 31 August 2024 | 1,882,455 | 1,882,455 |  |  |
|  | _______ | _______ |  |  |

6. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Trade debtors |  | - | 1,561
| Other debtors |  | 444,946 | 1,783
|  |  | _______ | _______
|  |  | 444,946 | 3,344
|  |  | _______ | _______

7. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Corporation tax |  | 50,007 | 52,761
| Social security and other taxes |  | - | 9,131
| Other creditors |  | 3,822,667 | 2,441,467
|  |  | _______ | _______
|  |  | 3,872,674 | 2,503,359
|  |  | _______ | _______