Company Registration No. 03530379 (England and Wales)
Shalford Pears (property) Limited
Unaudited accounts
for the year ended 31 March 2026
Shalford Pears (property) Limited
Unaudited accounts
Contents
Shalford Pears (property) Limited
Company Information
for the year ended 31 March 2026
Directors
James Millard
Virginia Millard
Secretary
Virginia Millard
Company Number
03530379 (England and Wales)
Registered Office
Suite 1
The Pheasantry
Vicarage Hill
Westerham
Kent
TN16 1FY
United Kingdom
Accountants
ASTON STEELE
Aston House
Cotchford Hill,
Hartfield
Sussex
TN7 4HA
Shalford Pears (property) Limited
Statement of financial position
as at 31 March 2026
Tangible assets
1,585
1,457
Investment property
9,107,503
8,278,003
Cash at bank and in hand
431,813
456,193
Creditors: amounts falling due within one year
(1,083,779)
(1,220,991)
Net current liabilities
(533,032)
(599,241)
Total assets less current liabilities
8,576,056
7,680,219
Creditors: amounts falling due after more than one year
(2,640,281)
(1,990,281)
Provisions for liabilities
Deferred tax
(666,603)
(666,603)
Net assets
5,269,172
5,023,335
Called up share capital
100
100
Profit and loss account
5,269,072
5,023,235
Shareholders' funds
5,269,172
5,023,335
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by
James Millard
Director
Company Registration No. 03530379
Shalford Pears (property) Limited
Notes to the Accounts
for the year ended 31 March 2026
Shalford Pears (property) Limited is a private company, limited by shares, registered in England and Wales, registration number 03530379. The registered office is Suite 1, The Pheasantry, Vicarage Hill, Westerham, Kent, TN16 1FY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Rental Income from properties is apportioned to the period to which it relates.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 Years Straight Line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Shalford Pears (property) Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 April 2025
8,278,003
At 31 March 2026
9,107,503
Investment property comprises residential and commercial properties. The fair value of the investment property was estimated by Mr J D Millard, a director of the company, on 31 March 2026. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. If the investment property had not been valued at fair value it would have been included at a historic cost of £5,613,046 (2025: £5,613,046). properties were valued by the Directors on 31/03/2026. There was no change in the year.
Amounts falling due within one year
Trade debtors
23,132
47,762
Accrued income and prepayments
13,777
23,408
Other debtors
82,025
94,387
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
4,462
8,946
Taxes and social security
86,000
93,494
Other creditors
771,965
838,313
Loans from directors
99,070
172,405
Deferred income
107,752
87,844
Shalford Pears (property) Limited
Notes to the Accounts
for the year ended 31 March 2026
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
2,640,281
1,990,281
9
Deferred taxation
2026
2025
Accelerated capital allowances
365
365
Revaluation of investment property
666,238
666,238
Provision at start of year
666,603
459,859
Charged to the profit and loss account
-
206,744
Provision at end of year
666,603
666,603
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
11
Average number of employees
During the year the average number of employees was 2 (2025: 2).