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REGISTERED NUMBER: 12166598 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

HO PROPERTY 3 LIMITED
HO PROPERTY 3 LIMITED (REGISTERED NUMBER: 12166598)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HO PROPERTY 3 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2026







DIRECTOR: Mr H Ovaisi



REGISTERED OFFICE: Unit 3-4
Daltongate Business Centre
Ulverston
Cumbria
LA12 7AJ



REGISTERED NUMBER: 12166598 (England and Wales)



BANKERS: Barclays Bank
63/67 Terminus Road
Eastbourne
BN21 3NE
Page 1
HO PROPERTY 3 LIMITED (REGISTERED NUMBER: 12166598)

ABRIDGED BALANCE SHEET
31 JANUARY 2026

31.1.26 31.1.25
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 379 954
Investments 5 33,001 32,500
Investment property 6 640,500 -
673,880 33,454

CURRENT ASSETS
Debtors 1,900,970 1,605,391
Cash at bank 27,931 1,303
1,928,901 1,606,694
CREDITORS
Amounts falling due within one year 1,816,910 1,335,738
NET CURRENT ASSETS 111,991 270,956
TOTAL ASSETS LESS CURRENT
LIABILITIES
785,871
304,410

CREDITORS
Amounts falling due after more than one
year
450,000
2,290
NET ASSETS 335,871 302,120

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 335,771 302,020
SHAREHOLDERS' FUNDS 335,871 302,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
HO PROPERTY 3 LIMITED (REGISTERED NUMBER: 12166598)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2026


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 October 2026 and were signed by:





Mr H Ovaisi - Director


The notes form part of these financial statements

Page 3
HO PROPERTY 3 LIMITED (REGISTERED NUMBER: 12166598)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026

1. STATUTORY INFORMATION

HO Property 3 Limited 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.

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


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The company's investment property is held for long-term investment and is included in the Balance Sheet at open market value. The surplus or deficit on revaluation of freehold property is transferred to the investment property revaluation reserve which is a departure from Financial Reporting Standard 102.

Depreciation is not provided in respect of investment property.

Rental income
Rents received are calculated on the accruals basis net of VAT.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2025
and 31 January 2026 2,872
DEPRECIATION
At 1 February 2025 1,918
Charge for year 575
At 31 January 2026 2,493
NET BOOK VALUE
At 31 January 2026 379
At 31 January 2025 954

Page 4 continued...
HO PROPERTY 3 LIMITED (REGISTERED NUMBER: 12166598)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 February 2025 32,500
Additions 501
At 31 January 2026 33,001
NET BOOK VALUE
At 31 January 2026 33,001
At 31 January 2025 32,500

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 640,500
At 31 January 2026 640,500
NET BOOK VALUE
At 31 January 2026 640,500

7. SECURED DEBTS

The following secured debts are included within creditors:

31.1.26 31.1.25
£    £   
San Jose Investments Ltd 450,000 -

San Jose Investments Ltd holds a fixed charge on 11 Prince Albert Street, Brighton dated 26th June 2025.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.26 31.1.25
value: £    £   
702 Ordinary £1 100 100

602 Ordinary shares of £1 were issued during the year for cash of £ 602 .

Page 5 continued...
HO PROPERTY 3 LIMITED (REGISTERED NUMBER: 12166598)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26 31.1.25
£    £   
Mr H Ovaisi
Balance outstanding at start of year 269,103 -
Amounts advanced - 269,103
Amounts repaid (269,103 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 269,103

During the financial year the director was charged £Nil (2025; £2,994) interest on the loan which is unsecured and repayable on demand.

10. RELATED PARTY DISCLOSURES

At 31st January 2026 the company owed SO Legal Ltd, a company controlled by Mr H Ovaisi, £1,641,586 (2025: £853,170)

At 31st January 2026 the company was owed £230,666.78 from HO Property Ltd, a company controlled by Mr H Ovaisi (2024: £137,366)

At 31st January 2026 the company was owed £285,902 from HO Property 2 Ltd, a company controlled by Mr H Ovaisi (2025: £274,172)

At 31st January 2026 the company was owed £43,900 from HO Property 4 Ltd, a company controlled by Mr H Ovaisi (2025: £1,500)

At 31st January 2026 the company was owed £38,849 from HO Property 5 Ltd, a company controlled by Mr H Ovaisi (2025: £18,350)

At 31st January 2026 the company was owed £47,150 from HO Property 6 Ltd, a company controlled by Mr H Ovaisi ( 2025: £67,500)

At 31st January 2026 the company was owed £171,500 from HOHO Properties Ltd, a company controlled by Mr H Ovaisi (2025: £143,100)

At 31st January 2026 the company was owed £64,300 from 8 Cornfield Terrace Ltd, a company controlled by Mr H Ovaisi ( 2025: £36,000)

At 31st January 2026 the company was owed £10,600 from The Old Library Ulverston Ltd, a company controlled by Mr H Ovaisi ( 2025: £2,000)

At 31st January 2026 the company was owed £351,801 from SO Management DB LLC, a company controlled by Mr H Ovaisi ( 2025: £Nil)

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr H Ovaisi.

Page 6