REGISTERED NUMBER: 01274859 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

HIGHCROSS COMMERCIAL INVESTMENTS LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

S J England

Mrs S Paice

REGISTERED OFFICE:

High Cross Building

Lancaster Road

Hinckley

Leicestershire

LE10 0AW

REGISTERED NUMBER:

01274859 (England and Wales)

ACCOUNTANTS:

PWH Accountancy Ltd

The Counting House

High Street

Lutterworth

Leicestershire

LE17 4AY

The directors present their report with the financial statements of the company for the year ended 31 January 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the acquisition, management and letting of investment property in the United Kingdom.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 February 2025 to the date of this report.

S J England

Mrs S Paice

Other changes in directors holding office are as follows:

D R England - deceased 10 February 2025

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

ON BEHALF OF THE BOARD:

Mrs S Paice - Director

14 October 2026

TURNOVER

420,768

396,483

Administrative expenses

311,239

222,658

109,529

173,825

Other operating income

45,375

10,000

OPERATING PROFIT

5

154,904

183,825

Gain/loss on revaluation of investments

270,000

-

424,904

183,825

Interest payable and similar expenses

6

72,502

85,856

PROFIT BEFORE TAXATION

352,402

97,969

Tax on profit

7

62,312

5,954

PROFIT FOR THE FINANCIAL YEAR

290,090

92,015

FIXED ASSETS

Tangible assets

8

296,034

210,125

Investment property

9

5,930,668

5,660,668

6,226,702

5,870,793

CURRENT ASSETS

Debtors

10

1,712,636

1,768,141

Cash at bank

93,854

300,731

1,806,490

2,068,872

CREDITORS

Amounts falling due within one year

11

372,254

416,135

NET CURRENT ASSETS

1,434,236

1,652,737

TOTAL ASSETS LESS CURRENT LIABILITIES

7,660,938

7,523,530

CREDITORS

Amounts falling due after more than one year

12

(977,532

)

(1,192,526

)

PROVISIONS FOR LIABILITIES

14

(73,017

)

(10,705

)

NET ASSETS

6,610,389

6,320,299

CAPITAL AND RESERVES

Called up share capital

15

16,667

16,667

Other reserves

16

1,059,555

789,555

Retained earnings

16

5,534,167

5,514,077

SHAREHOLDERS' FUNDS

6,610,389

6,320,299

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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2026 and were signed on its behalf by:

Mrs S Paice - Director

S J England - Director

1.	STATUTORY INFORMATION

Highcross Commercial Investments 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.	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

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant, Actual results may differ from these estimates.

Turnover

Revenue comprises the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Revenue is shown net of VAT and trade discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities The amount of revenue is not considered to be reliably measurable until all contingencies relating to the sale have been resolved. The company bases its estimates on historical results, taking into consideration the type of customer, the type of transaction and the specifics of each arrangement.

Tangible fixed assets

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

Plant, fittings & vehicles

-

15% on reducing balance

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.

Financial instruments

Financial assets

Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities

The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Accounting for leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Leases

Assets financed by leasing agreements which give rights approximating to ownership (finance leases) have been capitalised at amounts equal to the original cost of the asset to the lessors and depreciation provided on the basis of group depreciation policy. The capital element of future obligations under finance leases is included as liabilities in the balance sheet and the current year's interest element is charged to the profit and loss account over the duration of the lease so as to provide equal rates of interest on the net obligations outstanding in each period. The annual payments under all other lease arrangements, known as operating leases, are charged to profit and loss account on an accruals basis.

Rental income

Rental Income is accounted for on a receivable basis therefore no adjustments are made for amounts received in advance.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

5.	OPERATING PROFIT

The operating profit is stated after charging:

31.1.26

31.1.25

£

£

Depreciation - owned assets

51,303

17,670

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

31.1.26

31.1.25

£

£

Bank interest

72,502

85,856

7.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.1.26

31.1.25

£

£

Deferred tax

62,312

5,954

Tax on profit

62,312

5,954

8.	TANGIBLE FIXED ASSETS

Plant,

Fixtures

fittings

and

Motor

& vehicles

fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

311,240

-

40,099

351,339

Additions

137,212

-

-

137,212

At 31 January 2026

448,452

-

40,099

488,551

DEPRECIATION

At 1 February 2025

138,630

914

1,670

141,214

Charge for year

42,609

(914

)

9,608

51,303

At 31 January 2026

181,239

-

11,278

192,517

NET BOOK VALUE

At 31 January 2026

267,213

-

28,821

296,034

At 31 January 2025

172,610

(914

)

38,429

210,125

9.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

5,660,668

Revaluations

270,000

At 31 January 2026

5,930,668

NET BOOK VALUE

At 31 January 2026

5,930,668

At 31 January 2025

5,660,668

Fair value at 31 January 2026 is represented by:

£

Valuation in 2026

5,930,668

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

31.1.26

31.1.25

£

£

Cost

4,470,941

4,470,941

Investment property was valued on an open market basis on 31 January 2026 by the directors and qualified third parties .

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

3,764

10,187

Amounts owed by group undertakings

1,672,451

1,710,279

Other debtors

20,476

28,188

Prepayments

15,945

19,487

1,712,636

1,768,141

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank overdrafts

210,994

195,538

Trade creditors

114,957

126,530

Amounts owed to group undertakings

22,342

47,542

VAT

12,961

-

Accrued expenses

11,000

46,525

372,254

416,135

12.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans more 5 yr by instal

977,532

1,192,526

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

977,532

1,192,526

13.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Bank loans

1,188,526

1,388,064

The bank loan of £1,188,526 is secured on the company's freehold property.

14.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

73,017

10,705

Deferred

tax

£

Balance at 1 February 2025

10,705

Charge to Income Statement during year

62,312

Balance at 31 January 2026

73,017

15.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

10,000

Ordinary $1

£0.66

67

6,667

6,667

10,000

Deferred

£1

10,000

10,000

16,667

16,667

16.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 1 February 2025

5,514,077

789,555

6,303,632

Profit for the year

290,090

290,090

Deficit on revaluation

-

270,000

270,000

Transfer on revaluation

(270,000

)

-

(270,000

)

At 31 January 2026

5,534,167

1,059,555

6,593,722

17.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs S M England.

18.	ULTIMATE HOLDING COMPANY AND RELATED PARTY DISCLOSURE

The company's ultimate holding company is D R E Group Limited which is registered in England. Advantage has been taken of the exemption from disclosure of group transactions on the grounds that details of the company as a subsidiary of D R E Group Limited are included in the consolidated accounts of D R E Group Limited.