The Directors present their annual report and financial statements for the year ended 31 December 2025 for First Union Property Company Limited ("the Company").

The principal activity of the Company was that of estate agency. On 1 April 2023, the Company's trade and net assets were sold to its parent company, Leaders Limited, and the Company ceased trading.

The Company did not trade for the year ended 31 December 2025 or 31 December 2024.

The only transaction in the prior year was an adjustment to the previously recognised gain on the sale of the Company's trade during 2023.

The Directors who held office during the year and up to the date of signature of the financial statements were as follows:

At 31 December 2025, third party indemnity provision for the benefit of the Company's directors was in force. The Company maintains liability insurance for its Directors and officers during the year under review and up to the date of signing the financial statements. This is a qualifying third-party indemnity provision for the purposes of the Companies Act 2006.

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The notes on pages 4 to 5 form part of these financial statements.

The notes on pages 4 to 5 form part of these financial statements.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

First Union Property Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Building 1 Meadows Business Park, Blackwater, Camberley, GU17 9AB.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Following the transfer of the Company's trade and net assets to Leaders Limited on 1 April 2023, the Company ceased trading. The Company is therefore no longer considered to be a going concern and the financial statements have therefore been prepared on a basis other than going concern.false

Equity instruments issued by the Company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

The average monthly number of persons (including directors) employed by the Company during the year was: