REGISTERED NUMBER: 01558834 (England and Wales)

GARHILL LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Herbertson

REGISTERED OFFICE:

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

REGISTERED NUMBER:

01558834 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Tangible assets

4

1,361

738

Investments

5

100

100

1,461

838

CURRENT ASSETS

Debtors

6

5,775,734

6,370,785

Cash at bank

137,523

504,980

5,913,257

6,875,765

CREDITORS

Amounts falling due within one year

7

1,413,841

2,334,994

NET CURRENT ASSETS

4,499,416

4,540,771

TOTAL ASSETS LESS CURRENT LIABILITIES

4,500,877

4,541,609

CREDITORS

Amounts falling due after more than one year

8

-

(1,333

)

PROVISIONS FOR LIABILITIES

(340

)

(185

)

NET ASSETS

4,500,537

4,540,091

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,500,437

4,539,991

SHAREHOLDERS' FUNDS

4,500,537

4,540,091

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 18 May 2026 and were signed by:

A Herbertson - Director

1.	STATUTORY INFORMATION

Garhill 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover represents net invoiced sales of services, interest and fees on property funding and rent receivable.

Turnover is recognised when the performance obligations of the contract are met. It does not have any material amounts of deferred or accrued income.

Rental income is recognised on a straight line basis over the course of the lease.

Tangible fixed assets

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

Fixtures and fittings

-

30% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, cash and bank balances, loans to or from related parties and current asset investments. All such instruments are measured initially and subsequently at the transaction price.

At the end of each reporting period debt financial assets are assessed for impairment, and their carrying value reduced if necessary. Any impairment is recognised in the profit and loss account.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 April 2025

13,543

8,838

22,381

Additions

-

1,199

1,199

At 31 March 2026

13,543

10,037

23,580

DEPRECIATION

At 1 April 2025

13,543

8,100

21,643

Charge for year

-

576

576

At 31 March 2026

13,543

8,676

22,219

NET BOOK VALUE

At 31 March 2026

-

1,361

1,361

At 31 March 2025

-

738

738

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

100

NET BOOK VALUE

At 31 March 2026

100

At 31 March 2025

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

5,775,734

6,370,785

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,333

8,000

Taxation and social security

2,440

98,592

Other creditors

1,410,068

2,228,402

1,413,841

2,334,994

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,333

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Other bank loans

790,000

2,015,000

The bank loans are secured by a fixed and floating charge over the assets of the company to the extent of any borrowings.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

A Herbertson

Balance outstanding at start of year

10,000

-

Amounts advanced

-

10,000

Amounts repaid

(10,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

10,000

H J Herbertson

Balance outstanding at start of year

1,280

-

Amounts advanced

-

1,280

Amounts repaid

(1,280

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

1,280

Ms M G Herbertson

Balance outstanding at start of year

1,280

-

Amounts advanced

-

1,280

Amounts repaid

(1,280

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

1,280