REGISTERED NUMBER: 01098194 (England and Wales)

GENBOURNE INDUSTRIES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Hope

P D Hope

REGISTERED OFFICE:

Marston House

5, Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

REGISTERED NUMBER:

01098194 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Tangible assets

4

272

318

Investment property

5

1,150,000

1,150,000

1,150,272

1,150,318

CURRENT ASSETS

Debtors

6

504,135

460,950

Cash at bank

111,184

104,872

615,319

565,822

CREDITORS

Amounts falling due within one year

7

99,390

95,202

NET CURRENT ASSETS

515,929

470,620

TOTAL ASSETS LESS CURRENT LIABILITIES

1,666,201

1,620,938

PROVISIONS FOR LIABILITIES

38,056

37,343

NET ASSETS

1,628,145

1,583,595

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

673,452

674,202

Retained earnings

954,593

909,293

SHAREHOLDERS' FUNDS

1,628,145

1,583,595

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2026 and were signed on its behalf by:

C Hope - Director

1.	STATUTORY INFORMATION

Genbourne Industries 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.	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 certain assets.

Turnover

Rental income is recognised on a straight line basis over the course of the lease and is stated net of VAT. Any rental income received in advance is treated as deferred income in liabilities.

Tangible fixed assets

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

Fixtures and fittings

-

15% 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

2,731

2,702

5,433

DEPRECIATION

At 1 April 2025

2,731

2,384

5,115

Charge for year

-

46

46

At 31 March 2026

2,731

2,430

5,161

NET BOOK VALUE

At 31 March 2026

-

272

272

At 31 March 2025

-

318

318

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,150,000

NET BOOK VALUE

At 31 March 2026

1,150,000

At 31 March 2025

1,150,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2003

273,502

Valuation in 2006

433,000

Valuation in 2019

170,000

Cost

273,498

1,150,000

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

31/3/26

31/3/25

£

£

Cost

273,498

273,498

Investment property was valued on an open market value basis on 31 March 2019 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

-

11,046

Other debtors

504,135

449,904

504,135

460,950

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

243

(121

)

Taxation and social security

43,017

40,250

Other creditors

56,130

55,073

99,390

95,202

8.

RESERVES

Revaluation

reserve

£

At 1 April 2025

674,202

Deferred tax

(750

)

At 31 March 2026

673,452

9.	RELATED PARTY DISCLOSURES

Included within other debtors is a loan to Mrs M M Hope of £373,531 (2025 - £332,987). This loan is interest free and repayable on demand.