REGISTERED NUMBER: 10796381 (England and Wales)

EXE ESTATES LTD

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Ramtahal

J Ramtahal

REGISTERED OFFICE:

Dragon House

Princes Way

Bridgend Industrial Estate

Bridgend

CF31 3AQ

REGISTERED NUMBER:

10796381 (England and Wales)

ACCOUNTANTS:

MHA (trading name of MHA Advisory Ltd)

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Tangible assets

4

18,921

13,404

Investments

5

100,000

-

Investment property

6

1,779,754

1,779,754

1,898,675

1,793,158

CURRENT ASSETS

Debtors

7

1,763

1,763

Cash at bank

52,621

12,745

54,384

14,508

CREDITORS

Amounts falling due within one year

8

(113,934

)

(8,031

)

NET CURRENT (LIABILITIES)/ASSETS

(59,550

)

6,477

TOTAL ASSETS LESS CURRENT LIABILITIES

1,839,125

1,799,635

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

8,192

8,192

Retained earnings

1,830,833

1,791,343

1,839,125

1,799,635

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.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by:

J Ramtahal - Director

1.	STATUTORY INFORMATION

Exe 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.

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.

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.

Improvements to property

-

20% on reducing balance

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

Fixtures and fittings 25% on cost

Computer equipment 33% 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 Profit and loss account, 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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

Fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

-

37,576

1,354

38,930

Additions

11,295

2,626

1,558

15,479

At 31 March 2026

11,295

40,202

2,912

54,409

DEPRECIATION

At 1 April 2025

-

24,748

778

25,526

Charge for year

879

8,548

535

9,962

At 31 March 2026

879

33,296

1,313

35,488

NET BOOK VALUE

At 31 March 2026

10,416

6,906

1,599

18,921

At 31 March 2025

-

12,828

576

13,404

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

100,000

At 31 March 2026

100,000

NET BOOK VALUE

At 31 March 2026

100,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,779,754

NET BOOK VALUE

At 31 March 2026

1,779,754

At 31 March 2025

1,779,754

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Prepayments and accrued income

1,763

1,763

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Corporation tax

10,475

4,810

Other creditors

100,000

-

Directors' current accounts

2,020

2,020

Accruals and deferred income

1,439

1,201

113,934

8,031

9.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

8,192