IRIS Accounts Production v26.1.10.61 12945679 Board of Directors Board of Directors 1.4.25 31.3.26 31.3.26 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 12945679 2025-03-31 12945679 2026-03-31 12945679 2025-04-01 2026-03-31 12945679 2024-03-31 12945679 2024-04-01 2025-03-31 12945679 2025-03-31 12945679 ns15:EnglandWales 2025-04-01 2026-03-31 12945679 ns14:PoundSterling 2025-04-01 2026-03-31 12945679 ns10:Director1 2025-04-01 2026-03-31 12945679 ns10:Director2 2025-04-01 2026-03-31 12945679 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 12945679 ns10:SmallEntities 2025-04-01 2026-03-31 12945679 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 12945679 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 12945679 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 12945679 ns10:AbridgedAccounts 2025-04-01 2026-03-31 12945679 ns10:OrdinaryShareClass1 2025-04-01 2026-03-31 12945679 ns10:Director3 2025-04-01 2026-03-31 12945679 ns10:RegisteredOffice 2025-04-01 2026-03-31 12945679 ns5:CurrentFinancialInstruments 2026-03-31 12945679 ns5:CurrentFinancialInstruments 2025-03-31 12945679 ns5:Non-currentFinancialInstruments 2026-03-31 12945679 ns5:Non-currentFinancialInstruments 2025-03-31 12945679 ns5:ShareCapital 2026-03-31 12945679 ns5:ShareCapital 2025-03-31 12945679 ns5:SharePremium 2026-03-31 12945679 ns5:SharePremium 2025-03-31 12945679 ns5:FurtherSpecificReserve3ComponentTotalEquity 2026-03-31 12945679 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 12945679 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 12945679 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 12945679 ns5:Secured 2026-03-31 12945679 ns5:Secured 2025-03-31 12945679 ns5:DeferredTaxation 2025-03-31 12945679 ns5:DeferredTaxation 2025-04-01 2026-03-31 12945679 ns5:DeferredTaxation 2026-03-31 12945679 ns10:OrdinaryShareClass1 2026-03-31 12945679 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 12945679 ns5:SharePremium 2025-03-31 12945679 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 12945679 ns5:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31

REGISTERED NUMBER: 12945679 (England and Wales)

| ABRIDGED UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| GANDERBOND PROPERTIES LTD |

GANDERBOND PROPERTIES LTD (REGISTERED NUMBER: 12945679) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

| Company Information | 1 |

| Abridged Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| GANDERBOND PROPERTIES LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | Miss Dora Ktorides

| Mr Andrew Ktorides

| Mr Andreas Poyiatgi

| REGISTERED OFFICE: | c/o Michael Filiou Ltd

| Salisbury House

| 81 High Street

| Potters Bar

| Hertfordshire

| EN6 5AS

| REGISTERED NUMBER: | 12945679 (England and Wales)

| ACCOUNTANTS: | Michael Filiou Ltd

| Chartered Certified Accountants

| www.michaelfiliou.com

| Salisbury House

| 81 High Street

| Potters Bar

| Hertfordshire

| EN6 5AS

GANDERBOND PROPERTIES LTD (REGISTERED NUMBER: 12945679) |

ABRIDGED STATEMENT OF FINANCIAL POSITION

31 MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 580 |  | 1,413 |  |

Investment property | 6 | 2,780,000 |  | 2,605,000 |  |

2,780,580 |  | 2,606,413 |  |

CURRENT ASSETS

Debtors | 584 |  | 951 |  |

Cash at bank | 6,747 |  | 2,401 |  |

7,331 |  | 3,352 |  |

CREDITORS

Amounts falling due within one year | 62,568 |  | 47,120 |  |

NET CURRENT LIABILITIES | (55,237 | ) | (43,768 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,725,343 |  | 2,562,645 |  |

CREDITORS

Amounts falling due after more than one year | (1,279,238 | ) | (1,305,065 | ) |

PROVISIONS FOR LIABILITIES | 8 | (54,258 | ) | (10,508 | ) |

NET ASSETS | 1,391,847 |  | 1,247,072 |  |

GANDERBOND PROPERTIES LTD (REGISTERED NUMBER: 12945679) |

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued

31 MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 9 | 2,000 |  | 2,000 |  |

Share premium | 10 | 1,149,405 |  | 1,149,405 |  |

Fair value reserve | 10 | 162,770 |  | 31,520 |  |

Retained earnings | 10 | 77,672 |  | 64,147 |  |

SHAREHOLDERS' FUNDS | 1,391,847 |  | 1,247,072 |  |

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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 July 2026 and were signed on its behalf by:

Miss Dora Ktorides - Director

Mr Andreas Poyiatgi - Director

GANDERBOND PROPERTIES LTD (REGISTERED NUMBER: 12945679) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Ganderbond 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.

| 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 represents rents receivable.

| Tangible fixed assets

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

| 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.

| Investment property is initially recognised at cost which includes purchase cost and any directly attributable expenditure. At the end of each period, the carrying value is adjusted to the fair value at that date. Fair value is determined by consideration of comparable market data such as rental yields, location, condition and nature of the property. The gains and losses are taken to profit and loss at the end of each period.

| Deferred tax is recognised in respect to any gains, and the amount included in reserves is net of any deferred tax provision.

| Financial instruments

| The company only enters basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks, and other third parties.

| Basic financial instruments are recognized at amortized cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognized in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognized in profit or loss.

GANDERBOND PROPERTIES LTD (REGISTERED NUMBER: 12945679) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

3. | ACCOUNTING POLICIES - continued

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2025 - 3 ) .

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 3,330 |  |

| DEPRECIATION

| At 1 April 2025 | 1,917 |  |

| Charge for year | 833 |  |

| At 31 March 2026 | 2,750 |  |

| NET BOOK VALUE

| At 31 March 2026 | 580 |  |

| At 31 March 2025 | 1,413 |  |

GANDERBOND PROPERTIES LTD (REGISTERED NUMBER: 12945679) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2025 | 2,605,000 |  |

| Revaluations | 175,000 |  |

| At 31 March 2026 | 2,780,000 |  |

| NET BOOK VALUE

| At 31 March 2026 | 2,780,000 |  |

| At 31 March 2025 | 2,605,000 |  |

| The investment properties have been revalued by the directors based on the estimated market values using the sale prices of properties of a similar size and location. These are not formal valuations conducted by a professional valuer.

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Bank loans | 1,240,110 |  | 1,264,177 |  |

| The bank loans are secured by first legal charges over the properties of the company and a guarantee from the directors in favour of Lloyds Bank Plc.

8. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax | 54,258 |  | 10,508 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2025 | 10,508 |  |

| Provided during year | 43,750 |  |

| Balance at 31 March 2026 | 54,258 |  |

GANDERBOND PROPERTIES LTD (REGISTERED NUMBER: 12945679) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 2,000 | Ordinary | £1 | 2,000 |  | 2,000 |  |

10. | RESERVES

| Fair |

| Retained |  | Share |  | value |

| earnings |  | premium |  | reserve |  | Totals

£ | £ | £ | £ |

| At 1 April 2025 | 64,147 |  | 1,149,405 |  | 31,520 |  | 1,245,072 |  |

| Profit for the year | 144,775 |  | 144,775 |  |

| Revaluation | (175,000 | ) | - |  | 175,000 |  | - |  |

| Deferred tax | 43,750 |  | - |  | (43,750 | ) | - |  |

| At 31 March 2026 | 77,672 |  | 1,149,405 |  | 162,770 |  | 1,389,847 |  |

11. | ULTIMATE CONTROLLING PARTY

| The company is a wholly owned subsidiary of Ganderbond Estates Ltd, a company incorporated in England and Wales. Ms Georgia Julie Poyiatgi is the ultimate controlling party by virtue of her holding of more than 50% of the voting share capital in Ganderbond Estates.