REGISTERED NUMBER: 04723076 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

GEORGE ELTON ESTATES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J R Florio

REGISTERED OFFICE:

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

REGISTERED NUMBER:

04723076 (England and Wales)

ACCOUNTANTS:

Streets Brayshaw Morey

Chartered Accountants

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

BANKERS:

HSBC

1 Victoria Road

Surbiton

Surrey

KT6 4LF

FIXED ASSETS

Tangible assets

5

2,445

308

Investment property

6

1,325,000

1,050,000

1,327,445

1,050,308

CURRENT ASSETS

Debtors

7

808

216

Cash at bank and in hand

148,887

183,976

149,695

184,192

CREDITORS

Amounts falling due within one year

8

47,132

79,021

NET CURRENT ASSETS

102,563

105,171

TOTAL ASSETS LESS CURRENT LIABILITIES

1,430,008

1,155,479

PROVISIONS FOR LIABILITIES

144,401

96,877

NET ASSETS

1,285,607

1,058,602

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Fair value reserve

10

855,865

669,182

Retained earnings

10

428,742

388,420

SHAREHOLDERS' FUNDS

1,285,607

1,058,602

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 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 5 June 2026 and were signed by:

Mr J R Florio - Director

1.	STATUTORY INFORMATION

George Elton Estates 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.	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.

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

-

25% on reducing balance

Fixtures, fittings & equipment

-

25% on cost

Computer equipment

-

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 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 1 (2025 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures,

Plant and

fittings

Computer

machinery

& equipment

equipment

Totals

£

£

£

£

COST

At 1 April 2025

752

1,814

4,988

7,554

Additions

-

-

3,288

3,288

At 31 March 2026

752

1,814

8,276

10,842

DEPRECIATION

At 1 April 2025

557

1,814

4,875

7,246

Charge for year

49

-

1,102

1,151

At 31 March 2026

606

1,814

5,977

8,397

NET BOOK VALUE

At 31 March 2026

146

-

2,299

2,445

At 31 March 2025

195

-

113

308

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,050,000

Additions

275,000

At 31 March 2026

1,325,000

NET BOOK VALUE

At 31 March 2026

1,325,000

At 31 March 2025

1,050,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2017

344,433

Valuation in 2019

55,000

Valuation in 2022

325,000

Valuation in 2026

275,000

Cost

325,567

1,325,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

808

216

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

6,428

5,145

Other creditors

40,704

73,876

47,132

79,021

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2025

388,420

669,182

1,057,602

Profit for the year

257,004

257,004

Dividends

(30,000

)

(30,000

)

Transfer of realised profit

(186,682

)

186,683

1

At 31 March 2026

428,742

855,865

1,284,607