REGISTERED NUMBER: 15981242 (England and Wales)

Unaudited Financial Statements

for the Period 26 September 2024 to 31 December 2025

for

Damexa Properties Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

2,750,000

CURRENT ASSETS

Debtors

5

99,592

Cash at bank

4,256

103,848

CREDITORS

Amounts falling due within one year

6

1,456,732

NET CURRENT LIABILITIES

(1,352,884

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,397,116

CREDITORS

Amounts falling due after more than one year

7

(1,200,000

)

PROVISIONS FOR LIABILITIES

(37,475

)

NET ASSETS

159,641

CAPITAL AND RESERVES

Called up share capital

9

100

Fair value reserve

10

512,152

Retained earnings

(352,611

)

SHAREHOLDERS' FUNDS

159,641

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by:

Mrs Suzanne Van Den Hoogen - Director

Mr Vincent Exalto - Director

1.	STATUTORY INFORMATION

Damexa Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15981242

Registered office:

Unit 4, Fylde House

Skyways Commercial Campus

Amy Johnson Way

Blackpool

FY4 3RS

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

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.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

2,200,373

Revaluations

549,627

At 31 December 2025

2,750,000

NET BOOK VALUE

At 31 December 2025

2,750,000

Investment property situated at 41-43 Breck Road, Poulton-le-Fylde FY6 7AL is under a charge from Ms Lending Spv 3 Limited. The charge was created on 21st October 2025.

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

549,627

Cost

2,200,373

2,750,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

99,592

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

1,456,732

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

1,200,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

1,200,000

The loan amounting to £1,200,000 is secured by the way of charge on the property situated at 41-43 Breck Road, Poulton-le-Fylde FY6 7AL (disclosed as investment property). The charge was created in the name of Ms Lending Spv 3 Limited on 21st October 2025.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

10.

RESERVES

Fair

value

reserve

£

Transfer to/from reserves

512,152

At 31 December 2025

512,152

11.	RELATED PARTY DISCLOSURES

The company was owed £31,923 from Central beach Leisure Ltd, a company registered in United Kingdom (Company registered number: 16570960) as at accounting year end date. Mr Vincent Exalto and Mrs Suzanne Van Den Hoogen are also directors of this company.

The company was owed £60,497 from ARS Vivendi Trading Ltd, a company registered in United Kingdom (Company registered number: 13150253) as at accounting year end date. Mr Vincent Exalto and Mrs Suzanne Van Den Hoogen are also directors of this company.

The company owes £1,333,871 to Damexa Investments Ltd, a company registered in United Kingdom (Company registered number: 14312986) as at accounting year end date. Mr Vincent Exalto and Mrs Suzanne Van Den Hoogen are also directors of this company.

The company owes £13,533 to Damexa Real Estate Ltd, a company registered in United Kingdom (Company registered number: 16216465) as at accounting year end date. Mr Vincent Exalto and Mrs Suzanne Van Den Hoogen are also directors of this company.