REGISTERED NUMBER: 08544815 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Expressway55 (Deeside) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Jonathan Peter Batson

Jeoffrey Paul Batson

REGISTERED OFFICE:

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

REGISTERED NUMBER:

08544815 (England and Wales)

FIXED ASSETS

Tangible assets

5

-

-

Investments

6

401

485,121

Investment property

7

9,550,000

9,550,000

9,550,401

10,035,121

CURRENT ASSETS

Debtors

8

1,180,139

249,173

Cash at bank

30,717

39,928

1,210,856

289,101

CREDITORS

Amounts falling due within one year

9

(301,276

)

(338,016

)

NET CURRENT ASSETS/(LIABILITIES)

909,580

(48,915

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,459,981

9,986,206

CREDITORS

Amounts falling due after more than one year

10

(945,088

)

(1,059,325

)

PROVISIONS FOR LIABILITIES

(1,123,349

)

(1,129,256

)

NET ASSETS

8,391,544

7,797,625

CAPITAL AND RESERVES

Called up share capital

1,298,000

1,298,000

Retained earnings

7,093,544

6,499,625

SHAREHOLDERS' FUNDS

8,391,544

7,797,625

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2026 and were signed on its behalf by:

Jeoffrey Paul Batson - Director

1.	STATUTORY INFORMATION

Expressway55 (Deeside) Ltd ('The Company') is a property investment company and includes the trade of equipment leasing.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the registered office is Datum House, Electra Way, Crewe, Cheshire, CW1 6ZF and the registered number is 08544815.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

Notwithstanding any uncertainties, including the net current liability position shown in the balance sheet, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Revenue represents rentals receivable, excluding value added tax. Rentals are recognised on a straight line basis over the period of the lease or to the date of the next rent review.

Tangible fixed assets

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

Assets held for rental

-

25% on cost

Investment property

Investment property is shown at fair value, the fair value is reviewed annually by the directors. Any aggregate surplus or deficit arising from changes in the fair value in the year is recognised in the profit or loss within the Statement of Comprehensive Income. The cumulative fair value surplus on the investment property is highlighted in the notes to the financial statements as non-distributable reserves.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the discounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at 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 the Statement of Income and Retained Earnings.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Assets held for rental

Assets acquired and held for use under operating leases are recorded as fixed assets and are depreciated on a straight line basis to their estimated residual values over their estimated useful lives. Operating lease income is recognised on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Assets

held for

rental

£

COST

At 1 January 2025

and 31 December 2025

40,759

DEPRECIATION

At 1 January 2025

and 31 December 2025

40,759

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

485,121

Additions

4,008

Disposals

(482,551

)

Revaluations

(6,177

)

At 31 December 2025

401

NET BOOK VALUE

At 31 December 2025

401

At 31 December 2024

485,121

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2025

401

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

9,550,000

NET BOOK VALUE

At 31 December 2025

9,550,000

At 31 December 2024

9,550,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

9,550,000

If Investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

4,595,821

4,595,821

Investment property was valued on an open market value basis on 24 June 2024 by Eddisons .

8.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

108,341

245,498

Other debtors

71,798

3,675

180,139

249,173

Amounts falling due after more than one year:

Other debtors

1,000,000

-

Aggregate amounts

1,180,139

249,173

The long term loan has interest charged at an annual rate of 10% and is repayable two years from the date that the loan was advanced.

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

115,852

152,592

Other creditors

185,424

185,424

301,276

338,016

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

945,088

1,059,325

Amounts falling due in more than five years:

Repayable by instalments

Mortgage loan more than 5

years

213,765

328,002

213,765

328,002

11.	LEASING AGREEMENTS

Minimum lease payments receivable fall due as follows:

Non-cancellable operating

leases

2025

2024

£

£

Within one year

736,000

562,900

Between one and five years

2,821,333

2,215,600

Due after five years

0

461,583

3,557,333

3,240,083

12.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgage loan

1,127,919

1,242,156

The bank holds a first legal mortgage over the property at Tenth Avenue, Zone 3, Deeside Industrial Park.

13.	RELATED PARTY DISCLOSURES

Transactions with related parties during the year and balances outstanding at the end of the reporting period were as follows:

Entities over which the directors have control:

2025

2024

£

£

Sales

822,784

713,431

Amounts owed from related parties

108,341

245,498

14.	NON-DISTRIBUTABLE RESERVES

Included within retained earnings is an amount of £3,830,830 which is a non-distributable reserve.