REGISTERED NUMBER: 11616733 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

GURU PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M D E Bayntun

REGISTERED OFFICE:

146-148 Newington Butts

S L S

London

SE11 4RN

REGISTERED NUMBER:

11616733 (England and Wales)

ACCOUNTANTS:

Underwood Barron LLP

Monks Brook House

13 - 17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

3,255,000

3,265,000

3,255,000

3,265,000

CURRENT ASSETS

Debtors

6

223,723

206,708

Cash at bank

40,833

2,446

264,556

209,154

CREDITORS

Amounts falling due within one year

7

74,082

78,441

NET CURRENT ASSETS

190,474

130,713

TOTAL ASSETS LESS CURRENT LIABILITIES

3,445,474

3,395,713

CREDITORS

Amounts falling due after more than one year

8

(2,543,917

)

(2,482,843

)

PROVISIONS FOR LIABILITIES

(62,060

)

(50,825

)

NET ASSETS

839,497

862,045

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

611,835

633,070

Retained earnings

227,562

228,875

839,497

862,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 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 20th July 2026 and were signed by:

M D E Bayntun - Director

1.	STATUTORY INFORMATION

Guru Properties 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.

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.

Changes in accounting policies

The company has restated its 2019 financial statements as a result of changing from standard FRS105 to standard FRS102 1A. However this change has not resulted in any restatement of the amounts shown in the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

25% 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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st November 2024

and 31st October 2025

106,603

DEPRECIATION

At 1st November 2024

and 31st October 2025

106,603

NET BOOK VALUE

At 31st October 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st November 2024

3,265,000

Revaluations

(10,000

)

At 31st October 2025

3,255,000

NET BOOK VALUE

At 31st October 2025

3,255,000

At 31st October 2024

3,265,000

Fair value at 31st October 2025 is represented by:

£

Valuation in 2020

647,569

Valuation in 2021

15,318

Valuation in 2022

51,008

Valuation in 2023

25,000

Valuation in 2024

(55,000

)

Valuation in 2025

(10,000

)

Cost

2,581,105

3,255,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.10.25

31.10.24

£

£

Cost

2,581,105

2,581,105

Aggregate depreciation

(308,564

)

(256,942

)

investment properties were valued on an open market value basis on 31st October 2025 by the directors of the company .

6.

DEBTORS

31.10.25

31.10.24

£

£

Amounts falling due within one year:

Trade debtors

-

4,150

Other debtors

8,923

8,826

8,923

12,976

31.10.25

31.10.24

£

£

Amounts falling due after more than one year:

Amounts owed by associates

214,800

193,732

Aggregate amounts

223,723

206,708

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

27,176

40,196

Trade creditors

(1

)

-

Amounts owed to associates

4,502

4,502

Taxation and social security

84

1,236

Other creditors

42,321

32,507

74,082

78,441

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

1,526,866

1,492,240

Amounts owed to associates

1,008,176

979,608

Other creditors

8,875

10,995

2,543,917

2,482,843

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,331,455

Other loans more 5yrs instal

-

2,647

-

1,334,102

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

1,554,042

1,532,436

10.

RESERVES

Fair

value

reserve

£

At 1st November 2024

633,070

Transfer between reserves

(21,235

)

At 31st October 2025

611,835

11.	SECURED BORROWING

The company restructured its banking facilities in February 2021 and from that date has borrowings which are secured on the company's investment properties.

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2025 and 31st October 2024:

31.10.25

31.10.24

£

£

M D E Bayntun

Balance outstanding at start of year

602

(900

)

Amounts advanced

-

1,925

Amounts repaid

(1,012

)

(423

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(410

)

602

The company has made advances to the directors. The agreed terms are that the advances are repayable on demand and interest is to be charged on the advances at the official rate where the balance exceeds £10,000 at any time during the year.

Interest of £Nil (2024: £nil) has been charged during the year.