Company No: 16040660 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.10.2025
		£
Fixed assets
Tangible assets	3	3,210
		3,210
Current assets
Stocks	4	414,519
Debtors	5	34,725
Cash at bank and in hand		2,898
		452,142
Creditors: amounts falling due within one year	6	( 477,954)
Net current liabilities		(25,812)
Total assets less current liabilities		(22,602)
Net liabilities		( 22,602)
Capital and reserves
Called-up share capital	7	100
Profit and loss account		( 22,702 )
Total shareholders' deficit		( 22,602)

For the financial period ending 31 October 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 financial period 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Investment Land St Giles Ltd (registered number: 16040660) were approved and authorised for issue by the Board of Directors on 24 September 2026. They were signed on its behalf by:

M Wight Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Investment Land St Giles Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is The Red Cross Building, South Street, Exmouth, EX8 2SA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

As this is the Company's first set of accounts, the reporting period is from the date of incorporation, being 25 October 2024, to the 31 October 2025.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Fixtures and fittings	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

2. Employees

	Period from 25.10.2024 to 31.10.2025
	Number
Monthly average number of persons employed by the Company during the period, including directors	2

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Total
	£		£		£
Cost
At 25 October 2024	0		0		0
Additions	2,800		419		3,219
At 31 October 2025	2,800		419		3,219
Accumulated depreciation
At 25 October 2024	0		0		0
Charge for the financial period	0		9		9
At 31 October 2025	0		9		9
Net book value
At 31 October 2025	2,800		410		3,210

4. Stocks

	31.10.2025
	£
Work in progress	414,519

5. Debtors

	31.10.2025
	£
Trade debtors	9,776
Prepayments	14,942
VAT recoverable	9,448
Other debtors	559
	34,725

6. Creditors: amounts falling due within one year

	31.10.2025
	£
Trade creditors	24,923
Amounts owed to directors	20,900
Other loans	150,000
Accruals	2,500
CIS withheld	953
Taxation and social security	59
Other creditors	278,619
	477,954

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	31.10.2025
	£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100

The ordinary shares were issued at par.

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	31.10.2025
	£
Within one year	420

9. Related party transactions

Other related party transactions

	31.10.2025
	£
Amounts owed from/(to) associated companies	(278,619)
Amounts owed from/(to) directors	(20,900)
Amounts owed from/(to) shareholders	500