REGISTERED NUMBER: 07632563 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Glenleven Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Spear

J R Keir

REGISTERED OFFICE:

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

REGISTERED NUMBER:

07632563 (England and Wales)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

FIXED ASSETS

Investment property

4

660,000

750,000

CURRENT ASSETS

Debtors

5

232

255

Cash at bank

25,707

19,177

25,939

19,432

CREDITORS

Amounts falling due within one year

6

121,656

121,602

NET CURRENT LIABILITIES

(95,717

)

(102,170

)

TOTAL ASSETS LESS CURRENT LIABILITIES

564,283

647,830

PROVISIONS FOR LIABILITIES

33,220

55,720

NET ASSETS

531,063

592,110

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

531,059

592,106

SHAREHOLDERS' FUNDS

531,063

592,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 12 August 2026 and were signed on its behalf by:

J R Spear - Director

1.	STATUTORY INFORMATION

Glenleven 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.

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.

Turnover

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

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 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

750,000

Revaluations

(90,000

)

At 31 May 2026

660,000

NET BOOK VALUE

At 31 May 2026

660,000

At 31 May 2025

750,000

Fair value at 31 May 2026 is represented by:

£

Valuation in 2016

41,488

Valuation in 2017

10,000

Valuation in 2018

40,000

Valuation in 2019

51,393

Valuation in 2020

5,000

Valuation in 2021

15,000

Valuation in 2022

90,000

Valuation in 2023

40,000

Valuation in 2025

(70,000

)

Valuation in 2026

(90,000

)

Cost

527,119

660,000

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

2026

2025

£

£

Cost

527,119

527,119

Investment properties were valued on a fair value basis on 31 May 2026 by the Directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

232

255

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other creditors

121,656

121,602