REGISTERED NUMBER: 13624206 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

61 GODWIN ROAD FREEHOLD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I S Toot

REGISTERED OFFICE:

2 The Links

Herne Bay

Kent

CT6 7GQ

BUSINESS ADDRESS:

2a Sylvan Avenue

Hornchurch

Essex

RM11 2PN

REGISTERED NUMBER:

13624206 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

2 The Links

HERNE BAY

Kent

CT6 7GQ

FIXED ASSETS

Investment property

5

4,000,000

2,160,000

CURRENT ASSETS

Debtors

6

876,925

67,596

Cash at bank

12,828

784

889,753

68,380

CREDITORS

Amounts falling due within one year

7

946,186

31,336

NET CURRENT (LIABILITIES)/ASSETS

(56,433

)

37,044

TOTAL ASSETS LESS CURRENT LIABILITIES

3,943,567

2,197,044

CREDITORS

Amounts falling due after more than one year

8

(2,864,598

)

(1,473,957

)

PROVISIONS FOR LIABILITIES

(254,844

)

(133,653

)

NET ASSETS

824,125

589,434

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

764,532

569,782

Retained earnings

59,493

19,552

SHAREHOLDERS' FUNDS

824,125

589,434

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 director and authorised for issue on 22nd April 2026 and were signed by:

I S Toot - Director

1.	STATUTORY INFORMATION

61 Godwin Road Freehold 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, 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 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.

Going concern

The Director and parent company have considered the trading operation of the company for the future. Based on this review and support available to the company, the accounts are prepared on the going concern basis.

4.	EMPLOYEES AND DIRECTORS

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

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st February 2025

2,160,000

Additions

1,524,059

Revaluations

315,941

At 31st January 2026

4,000,000

NET BOOK VALUE

At 31st January 2026

4,000,000

At 31st January 2025

2,160,000

The valuation has been conducted by the director of the company using extensive knowledge of the property markets, recent discussions with property agents and guidance of online property valuation sites. It is believed this is a fair representation of the market value at the balance sheet date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

3,933

3,754

Amounts owed by group undertakings

-

14,800

Other debtors

872,992

49,042

876,925

67,596

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

960

3,232

Amounts owed to group undertakings

908,284

-

Taxation and social security

5,877

4,576

Other creditors

31,065

23,528

946,186

31,336

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

2,864,598

1,473,957

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,864,598

1,473,957

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

2,864,598

1,473,957

Fleet Mortgages hold a registered charge over the freehold properties at Flats 1 and 2, 61 Godwin Road, Cliftonville, Margate, CT9 2HE.

Paratus AMC t/a Foundation Home Loans hold a registered charge over the freehold property at Flat 3, 61 Godwin Road, Cliftonville, Margate, CT9 2HE.

Landbay Partners Ltd hold a registered charge over the freehold properties at Flats 1,2,3 and 4, 118 Northdown Road, Cliftonville, Margate, CT9 2RE.

MTF (LE) Ltd hold a registered charge over the freehold properties at Flats 1,2,3 and 4, 86 Northdown Road, Cliftonville, Margate, CT9 2RE.

MTF (LE) Ltd hold a registered charge over the freehold property at 31 Broomfield Crescent, Folkestone, CT19 4FE .

MTF (LE) Ltd hold a registered charge over the freehold properties at Flats 1,2 and 3, 31 Risborough Lane, Folkestone, CT19 4FE.

MTF (LE) Ltd hold a registered charge over the freehold properties at Flats 1,2,3 and 4, 9 Edgar Road, Cliftonville, Margate, CT9 2EE.

MTF (LE) Ltd hold a registered charge over the freehold properties at Flats 5, 5a, 6 and 6a, Marine Parade Mews, Folkestone, CT20 1PY.

MTF (LE) Ltd hold a registered charge over the freehold properties at Flats 4, 4a, 4b and 4c, Gladstone Road, Walmer, Deal, CT14 7ET.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Fair

value

reserve

£

At 1st February 2025

569,782

Revaluation adjustment

194,750

At 31st January 2026

764,532

12.	RELATED PARTY DISCLOSURES

Within other debtors are the following transactions:

£852,711 which has been loaned by N & I Holdings Ltd. A company in which Mr Toot owns 50% of the issued share capital.

£1,280 which has been loaned by The Prosper Dome Ltd. A company in which Mr Toot owns 50% of the issued share capital.

£300 which has been loaned by N & I Investments Ltd. A company in which Mr Toot owns 50% of the issued share capital.