REGISTERED NUMBER: 12945657 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

GANDERBOND ESTATES LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Pollixeni Ktorides

Mr Constantinos Ktorides

Ms Georgia Julie Poyiatgi

Miss Dora Ktorides

REGISTERED OFFICE:

c/o Michael Filiou Ltd

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

12945657 (England and Wales)

ACCOUNTANTS:

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Tangible assets

5

247

444

Investments

6

1,179,808

1,179,808

Investment property

7

4,819,646

4,480,676

5,999,701

5,660,928

CURRENT ASSETS

Debtors

6,753

5,685

Cash at bank

48

168,890

6,801

174,575

CREDITORS

Amounts falling due within one year

167,674

165,754

NET CURRENT (LIABILITIES)/ASSETS

(160,873

)

8,821

TOTAL ASSETS LESS CURRENT LIABILITIES

5,838,828

5,669,749

CREDITORS

Amounts falling due after more than one year

(2,667,019

)

(2,815,665

)

PROVISIONS FOR LIABILITIES

9

(162,243

)

(77,500

)

NET ASSETS

3,009,566

2,776,584

CAPITAL AND RESERVES

Called up share capital

10

3,810

3,810

Share premium

2,526,683

2,526,683

Fair value reserve

11

486,728

232,500

Retained earnings

(7,655

)

13,591

SHAREHOLDERS' FUNDS

3,009,566

2,776,584

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:

Mrs Pollixeni Ktorides - Director

Ms Georgia Julie Poyiatgi - Director

1.	STATUTORY INFORMATION

Ganderbond Estates 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.

Preparation of consolidated financial statements

The financial statements contain information about Ganderbond Estates Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

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.

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 4 (2025 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

788

DEPRECIATION

At 1 April 2025

344

Charge for year

197

At 31 March 2026

541

NET BOOK VALUE

At 31 March 2026

247

At 31 March 2025

444

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2025

and 31 March 2026

1,179,808

NET BOOK VALUE

At 31 March 2026

1,179,808

At 31 March 2025

1,179,808

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Ganderbond Properties Ltd

Registered office: C/O Michael Filiou Ltd, Salisbury House, 81 High Street, Potters Bar, Hertfordshire, EN6 5AS

Nature of business: Property investment

%

Class of shares:

holding

Ordinary

100.00

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

4,480,676

Revaluations

338,970

At 31 March 2026

4,819,646

NET BOOK VALUE

At 31 March 2026

4,819,646

At 31 March 2025

4,480,676

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.

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

2,093,243

2,113,872

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.

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

162,243

77,500

Deferred

tax

£

Balance at 1 April 2025

77,500

Provided during year

84,743

Balance at 31 March 2026

162,243

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

854

D Ordinary

£1

854

854

428

E Ordinary

£1

428

428

428

F Ordinary

£1

428

428

500

G Ordinary

£1

500

500

100

H Ordinary

£1

100

100

2,310

2,310

Allotted and issued:

Number:

Class:

Nominal

2026

2025

value:

£

£

500

Ordinary share A Trust

£1

500

500

500

Ordinary share B Trust

£1

500

500

500

Ordinary share C Trust

£1

500

500

1,500

1,500

11.

RESERVES

Fair

value

reserve

£

At 1 April 2025

232,500

Revaluation

338,971

Deferred tax

(84,743

)

At 31 March 2026

486,728

12.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by two of the directors, Mrs Pollixeni Ktorides and Ms Georgia Julie Poyiatgi, who together hold more than 50% of the issued share capital.