REGISTERED NUMBER: 13785786 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

Greenhaven Properties Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

9

Directors:

R Khaknegar-Moghaddam

Ms A J Dobson

Registered office:

Greenhaven

Houndhead

Broadhempston

Totnes

Devon

TQ9 6AZ

Registered number:

13785786 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

8,356

10,662

Investment property

5

1,656,610

1,580,000

1,664,966

1,590,662

Current assets

Debtors

6

47,625

46,232

Cash at bank

29,945

37,923

77,570

84,155

Creditors

Amounts falling due within one year

7

349,985

456,026

Net current liabilities

(272,415

)

(371,871

)

Total assets less current liabilities

1,392,551

1,218,791

Creditors

Amounts falling due after more than one year

8

(855,071

)

(855,051

)

Provisions for liabilities

9

(61,410

)

(45,200

)

Net assets

476,070

318,540

Capital and reserves

Called up share capital

10

198

198

Share premium

77,757

77,757

Revaluation reserve

11

186,419

127,629

Retained earnings

211,696

112,956

476,070

318,540

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 Profit & Loss Account has not been delivered.

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

R Khaknegar-Moghaddam - Director

1.	STATUTORY INFORMATION

Greenhaven Properties Ltd 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.

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 investment properties.

Turnover

Turnover represents rents received in the period, adjusted for amounts in arrears/advance at the balance sheet date.

Tangible fixed assets

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

Equipment

-

20% on cost

Computer equipment

-

20% on cost

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 Profit & Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Equipment

equipment

Totals

£

£

£

Cost

At 1 April 2025

19,332

1,200

20,532

Additions

628

1,335

1,963

At 31 March 2026

19,960

2,535

22,495

Depreciation

At 1 April 2025

9,165

705

9,870

Charge for year

3,921

348

4,269

At 31 March 2026

13,086

1,053

14,139

Net book value

At 31 March 2026

6,874

1,482

8,356

At 31 March 2025

10,167

495

10,662

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2025

1,580,000

Additions

1,610

Revaluations

75,000

At 31 March 2026

1,656,610

Net book value

At 31 March 2026

1,656,610

At 31 March 2025

1,580,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2023

136,893

Valuation in 2024

78,237

Valuation in 2025

(45,000

)

Valuation in 2026

75,000

Cost

1,411,480

1,656,610

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

2026

2025

£

£

Cost

1,411,480

1,409,870

Investment property was valued on an open market basis on 31 March 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

44,990

43,463

Other debtors

2,635

2,769

47,625

46,232

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

37,500

22,600

Other creditors

312,485

433,426

349,985

456,026

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

855,071

855,051

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

61,410

45,200

Deferred

tax

£

Balance at 1 April 2025

45,200

Provided during year

16,210

Balance at 31 March 2026

61,410

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

£

Number

Class

Nominal value

2025

2024

9,850

Ordinary A

0.01

98.50

98.50

9,850

Ordinary B

0.01

98.50

98.50

10

Ordinary C

0.01

0.10

0.10

10

Ordinary D

0.01

0.10

0.10

10

Ordinary E

0.01

0.10

0.10

10

Ordinary F

0.01

0.10

0.10

10

Ordinary G

0.01

0.10

0.10

10

Ordinary H

0.01

0.10

0.10

10

Ordinary I

0.01

0.10

0.10

10

Ordinary J

0.01

0.10

0.10

10

Ordinary K

0.01

0.10

0.10

10

Ordinary L

0.01

0.10

0.10

10

Ordinary M

0.01

0.10

0.10

10

Ordinary N

0.01

0.10

0.10

10

Ordinary O

0.01

0.10

0.10

10

Ordinary P

0.01

0.10

0.10

10

Ordinary Q

0.01

0.10

0.10

11.

RESERVES

Revaluation

reserve

£

At 1 April 2025

127,629

Transfer to revaluation

reserve

58,790

At 31 March 2026

186,419

12.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the following amounts to related parties:

Name

Relationship

Amount

Mrs A Dobson

Director and shareholder

£120,011

Mr R Khaknegar-Moghaddam

Director and shareholder

£120,012

Loan interest of £58,866 was paid to the directors (jointly) during the year in respect of their loans to the company.

13.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the directors.