Company No: 13378498 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Gary David Frankie Schwartz
	Nadine Ruth Schwartz

REGISTERED OFFICE	Treviot House
	186-192 High Road
	Ilford
	IG1 1LR
	United Kingdom

COMPANY NUMBER

13378498 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Treviot House
	186-192 High Road
	Ilford
	Essex
	IG1 1LR
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Investment property	3	7,627,046		7,627,046
		7,627,046		7,627,046
Current assets
Stocks	4	0		129,830
Debtors	5	1,928		3,877
Cash at bank and in hand		38,412		20,290
		40,340		153,997
Creditors: amounts falling due within one year	6	( 402,234)		( 465,208)
Net current liabilities		(361,894)		(311,211)
Total assets less current liabilities		7,265,152		7,315,835
Creditors: amounts falling due after more than one year	7	( 1,268,145)		( 1,365,188)
Net assets		5,997,007		5,950,647
Capital and reserves
Called-up share capital		10,000		10,000
Share premium account		5,655,199		5,655,199
Profit and loss account		331,808		285,448
Total shareholders' funds		5,997,007		5,950,647

For the financial year ending 31 March 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 year 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 Gardinez Properties Limited (registered number: 13378498) were approved and authorised for issue by the Board of Directors on 24 December 2025. They were signed on its behalf by:

Gary David Frankie Schwartz Director

1. Accounting policies

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

General information and basis of accounting

Gardinez Properties Limited (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 is Treviot House, 186-192 High Road, Ilford, IG1 1LR, 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 £.

Turnover

Turnover represents rental income receivable during the period.

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 current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		2

3. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	7,627,046
As at 31 March 2025	7,627,046

Fair value of the investment properties are not materially different to the carrying value.

4. Stocks

	2025		2024
	£		£
Stocks	0		129,830

5. Debtors

	2025		2024
	£		£
Amounts owed by directors	1		1
Prepayments	1,927		2,956
Other debtors	0		920
	1,928		3,877

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	28,047		11,902
Amounts owed to related parties	165,230		165,230
Taxation and social security	74,534		125,547
Other creditors	134,423		162,529
	402,234		465,208

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	1,268,145		1,365,188

The bank loans are secured on the investment properties owned by the company.