REGISTERED NUMBER: 11069138 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

CIRCA 10 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S D Martin

A T Martin

REGISTERED OFFICE:

9 The Courtyard

Stans Way

East Street

Horsham

West Sussex

RH12 1HU

REGISTERED NUMBER:

11069138 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

1,653

2,188

Investments

5

603,000

-

Investment property

6

1,200,000

1,710,000

1,804,653

1,712,188

CURRENT ASSETS

Debtors

7

3,657

2,279

Cash at bank

73,585

249,617

77,242

251,896

CREDITORS

Amounts falling due within one year

8

33,609

30,376

NET CURRENT ASSETS

43,633

221,520

TOTAL ASSETS LESS CURRENT LIABILITIES

1,848,286

1,933,708

PROVISIONS FOR LIABILITIES

85,601

123,322

NET ASSETS

1,762,685

1,810,386

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

359,615

523,970

Retained earnings

1,402,970

1,286,316

1,762,685

1,810,386

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 10 July 2026 and were signed on its behalf by:

S D Martin - Director

1.	STATUTORY INFORMATION

Circa 10 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

Turnover represents the following types of income

Rental income

Income from the sale of properties

All income is recognised on a receivable basis.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on cost

Computer equipment

-

Straight line over 3 years

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

2,823

1,153

1,826

5,802

Additions

-

322

-

322

At 31 March 2026

2,823

1,475

1,826

6,124

DEPRECIATION

At 1 April 2025

1,736

869

1,009

3,614

Charge for year

272

211

374

857

At 31 March 2026

2,008

1,080

1,383

4,471

NET BOOK VALUE

At 31 March 2026

815

395

443

1,653

At 31 March 2025

1,087

284

817

2,188

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

Additions

603,000

At 31 March 2026

603,000

NET BOOK VALUE

At 31 March 2026

603,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,710,000

Disposals

(538,333

)

Revaluations

28,333

At 31 March 2026

1,200,000

NET BOOK VALUE

At 31 March 2026

1,200,000

At 31 March 2025

1,710,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

28,333

Cost

1,171,667

1,200,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

2,844

-

Prepayments

813

2,279

3,657

2,279

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

18,748

6,199

Social security and other taxes

740

684

VAT

-

5,684

Directors' loan accounts

5,086

3,774

Accruals and deferred income

6,995

12,195

Accrued expenses

2,040

1,840

33,609

30,376

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

523,970

Transfer between reserves

(202,074

)

Deferred tax

37,719

At 31 March 2026

359,615

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year S D Martin and Mrs A Martin increased their loan to the company. As at 31 March 2026 the company owed them £5,086 (2025: £3,774). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

During the year, the company paid S D Martin and Mrs A Martin rent amounting to £312 as a result of utilising office space within their home.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is S D Martin and Mrs A T Martin.

This was by virtue of their 50% each holding of the issued share capital.