REGISTERED NUMBER: 12945679 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

GANDERBOND PROPERTIES LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

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

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

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

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.

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

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

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.