REGISTERED NUMBER: 00690681 (England and Wales)

ESTATE GROCER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Braxton

Mrs J L Braxton

SECRETARY:

Mrs J L Braxton

REGISTERED OFFICE:

Rose Cottage

Canada Road

West Wellow

Romsey

Hampshire

SO51 6DD

REGISTERED NUMBER:

00690681 (England and Wales)

BANKERS:

The Co-operative Bank

61 Above Bar Street

Southampton

Hampshire

SO14 7DZ

FIXED ASSETS

Tangible assets

4

890

1,196

Investments

5

-

85,331

Investment property

6

1,185,000

1,075,000

1,185,890

1,161,527

CURRENT ASSETS

Debtors

7

10,948

75,005

Investments

8

82,529

170,000

Cash at bank

246,775

18,313

340,252

263,318

CREDITORS

Amounts falling due within one year

9

(9,224

)

(10,682

)

NET CURRENT ASSETS

331,028

252,636

TOTAL ASSETS LESS CURRENT LIABILITIES

1,516,918

1,414,163

PROVISIONS FOR LIABILITIES

10

(108,923

)

(81,499

)

NET ASSETS

1,407,995

1,332,664

CAPITAL AND RESERVES

Called up share capital

10,980

10,980

Capital redemption reserve

600

600

Non distributable reserves

569,303

486,803

Retained earnings

827,112

834,281

SHAREHOLDERS' FUNDS

1,407,995

1,332,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 2 October 2026 and were signed on its behalf by:

R Braxton - Director

1.	STATUTORY INFORMATION

Estate Grocer 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover represents rental income received. Turnover is recognised in the period that the consideration relates to.

Tangible fixed assets

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

Fixtures and fittings

-

15% Reducing balance

Office equipment

-

25% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

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.

Financial assets

The company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Current asset investments

Amounts included in current asset investments mature in more than three months from the date of acquisition.

Fixed asset investments

Amounts included in fixed asset investments mature in more than twelve months from the date of acquisition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 May 2025

and 30 April 2026

18,063

3,222

21,285

DEPRECIATION

At 1 May 2025

17,525

2,564

20,089

Charge for year

76

230

306

At 30 April 2026

17,601

2,794

20,395

NET BOOK VALUE

At 30 April 2026

462

428

890

At 30 April 2025

538

658

1,196

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2025

85,331

Reclassification/transfer

(85,331

)

At 30 April 2026

-

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

85,331

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

1,075,000

Revaluations

110,000

At 30 April 2026

1,185,000

NET BOOK VALUE

At 30 April 2026

1,185,000

At 30 April 2025

1,075,000

The investment properties were valued on an open market basis by the Directors at 30 April 2026.

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Other debtors

6,260

64,067

Amounts falling due after more than one year:

Other debtors

4,688

10,938

Aggregate amounts

10,948

75,005

8.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Monies held on investment

82,529

170,000

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,009

588

Taxation and social security

8,171

10,094

Other creditors

44

-

9,224

10,682

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

108,923

81,499

Deferred tax

£

Balance at 1 May 2025

81,499

Accelerated capital allowances

27,424

Balance at 30 April 2026

108,923

The balance above principally relates to deferred tax on revaluation of investment properties.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, advances totalling £8,568 (2025: £68,744) were made to the company's directors. £60,580 (2025: £21,884) was repaid prior to the year-end. The balance outstanding at the year end to the company was £Nil (2025: £52,012). Interest was charged at HMRC approved rate and the advances are repayable on demand.