Contents of the Financial Statements

for the Period Ended 28 February 2026

Balance sheet

As at 28 February 2026

The notes form part of these financial statements

Balance sheet statements

For the year ending 28 February 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 28 February 2026

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents rental income receivable from the company's investment property. Rental income is recognised on an accruals basis over the period to which it relates, when the amount can be measured reliably and receipt is probable. Turnover is stated net of VAT, where applicable.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged on a straight-line basis to write off the cost of assets, less their estimated residual values, over their expected useful lives at the following annual rates: Fixtures and fittings: 20% straight line Computer equipment: 20% straight line The residual values, useful lives and depreciation methods are reviewed periodically and adjusted where appropriate.

  Valuation information and policy

  Investment property is carried at fair value, determined annually by the directors or external valuers, based on current market rents and investment property yields for comparable properties, adjusted where appropriate for differences in location, nature and condition. No depreciation is charged on investment property. Changes in fair value are recognised in the profit and loss account in the period in which they arise.

  Other accounting policies

  Basis of preparation The financial statements have been prepared in accordance with FRS 102 Section 1A and the Companies Act 2006, under the historical cost convention except where otherwise stated. Going concern The financial statements have been prepared on a going concern basis on the assumption that the company will continue to receive sufficient financial support to meet its liabilities as they fall due. Interest income and finance costs Interest income and finance costs are recognised using the effective interest method. Taxation Current tax is recognised based on taxable profits for the year. Deferred tax is recognised in respect of timing differences arising between the recognition of income and expenditure in the financial statements and their treatment for taxation purposes, subject to applicable recognition criteria. Debtors and creditors Short-term debtors and creditors are initially recognised at transaction price. Other financial assets and liabilities are subsequently measured at amortised cost where applicable. Cash and cash equivalents Cash comprises cash at bank and deposits repayable on demand. Cash equivalents are short-term, highly liquid investments readily convertible into known amounts of cash.

Notes to the Financial Statements

for the Period Ended 28 February 2026

• 2. Employees

  	2026	2025
  Average number of employees during the period	2	2