Gerran Smith Estates Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14610698

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		510,000		285,000

			510,000		285,000
CURRENT ASSETS
Debtors	5	875		2,466
Cash at bank and in hand		63,321		44,340

		64,196		46,806
Creditors: Amounts Falling Due Within One Year	6	(65,753 )		(67,176 )

NET CURRENT ASSETS (LIABILITIES)			(1,557 )		(20,370 )

TOTAL ASSETS LESS CURRENT LIABILITIES			508,443		264,630

Creditors: Amounts Falling Due After More Than One Year	7		(378,960 )		(228,000 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(31,337 )		(6,959 )

NET ASSETS			98,146		29,671

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			98,145		29,670

SHAREHOLDERS' FUNDS			98,146		29,671

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Gerran Smith Estates Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Gerran Smith

Director

13/09/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Gerran Smith Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14610698 . The registered office is Unit 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property is based on director's valuations and has not been based on a valuation by an independent valuer with a professional qualification. No depreciation is provided for.

Changes in fair value are recognised in the profit and loss account.

2.4. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Investment Properties
	£
Cost or Valuation
As at 1 February 2025	285,000
Additions	119,401
Revaluation	105,599

As at 31 January 2026	510,000

Net Book Value
As at 31 January 2026	510,000

As at 1 February 2025	285,000

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Gerran Smith Estates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	1,986
Prepayments and accrued income	875	480

	875	2,466

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Director's loan account	65,753	67,176

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	378,960	228,000

8. Secured Creditors

Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment properties. The mortgages are interest only with terms of 25 years.

	2026		2025
	£		£
Bank loans and overdrafts	378,960		228,000

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

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