GUILDFORD INVESTMENTS LIMITED


Directors	MARSHALL, Clive David
	MARSHALL, Danae Eddy Ella
	MARSHALL, Oriel Caro Miya
	MARSHALL, Phoebe
	MARSHALL, William George Levi


Company Secretary	MARSHALL, Phoebe


Registered Address	James Watson House Montgomery Way
	Rosehill Industrial Estate
	Carlisle
	CA1 2UU


Registered Number	00630178 (England and Wales)

Statement of Financial Position
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		15,355		5,327
Investment property	4		11,369,420		11,369,420
			11,384,775		11,374,747
Current assets
Debtors	5	26,535		52,190
Cash at bank and on hand		106,683		171,612
		133,218		223,802
Creditors amounts falling due within one year	6	(221,845)		(395,857)
Net current assets (liabilities)			(88,627)		(172,055)
Total assets less current liabilities			11,296,148		11,202,692
Creditors amounts falling due after one year	7		-		(10,000)
Provisions for liabilities	8		(1,291,000)		(1,291,000)
Net assets			10,005,148		9,901,692
Capital and reserves
Called up share capital			5,200		5,200
Other reserves			4,800		4,800
Profit and loss account			9,995,148		9,891,692
Shareholders' funds			10,005,148		9,901,692

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 September 2026, and are signed on its behalf by:

MARSHALL, William George Levi
Director
Registered Company No. 00630178

GUILDFORD INVESTMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Rental income is accounted for in the period to which they relate with due allowance made for void periods. Insurance income for commercial tennants is accounted for in the period to which the cover relates. Shared maintenance and costs recoverable from tenants are accounted for in the period to which the work was done.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. 

Rental income is accounted for in the period to which they relate with due allowance made for void periods.

Insurance income for commercial tennants is accounted for in the period to which the cover relates.

Shared maintenance and costs recoverable from tenants are accounted for in the period to which the work was done.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets’ residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income. Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets’ residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income.

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	20	5
Fixtures and fittings	-	5
Office Equipment	-	3

	Investment property
	Investment property is carried at fair value determined annually by the directors with periodic assistance from external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

Investment property

Investment property is carried at fair value determined annually by the directors with periodic assistance from external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	6		6

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 25	3,042	13,129	16,171
Additions	12,919	688	13,607
At 31 March 26	15,961	13,817	29,778
Depreciation and impairment
At 01 April 25	339	10,505	10,844
Charge for year	1,920	1,659	3,579
At 31 March 26	2,259	12,164	14,423
Net book value
At 31 March 26	13,702	1,653	15,355
At 31 March 25	2,703	2,624	5,327

4.	Investment property
	The properties were valued by Owen Isherwood Ltd on 15 August 2022 on an open market value for existing use basis. The directors have reviewed the valuation and have adjusted it on a property by property basis resulting in a net uplift of £882,420 in the year to 31 March 2025. In the opinion of the directors this still reflects the up to date value of the property portfolio held at the balance sheet date.

Investment property

The properties were valued by Owen Isherwood Ltd on 15 August 2022 on an open market value for existing use basis. The directors have reviewed the valuation and have adjusted it on a property by property basis resulting in a net uplift of £882,420 in the year to 31 March 2025.  In the opinion of the directors this still reflects the up to date value of the property portfolio held at the balance sheet date.


		£
	Fair value at 01 April 25	11,369,420
	At 31 March 26	11,369,420

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	15,323	15,307
Other debtors	11,212	36,883
Total	26,535	52,190

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	2,707	3,564
Bank borrowings and overdrafts	10,000	10,000
Taxation and social security	35,174	45,200
Other creditors	151,418	282,446
Accrued liabilities and deferred income	22,546	54,647
Total	221,845	395,857

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	-	10,000
Total	-	10,000

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	1,291,000	1,291,000
Total	1,291,000	1,291,000

9.	Directors advances, credits and guarantees
	During the year, director 1 had a loan account with the company. At 1 April 2025, this director owed the company £18,441. During the year the company provided further loan advances of £7,134 and the director made repayments of £20,373. At 31 March 2026, this director owed the company £5,606. Interest of £404 has been calculated and charged on this loan using HM Revenue and Customs official rate for beneficial loan arrangements. During the year, director 2 had a loan account with the company. At 1 April 2025, this director owed the company £18,441. During the year the company provided further loan advances of £7,134 and the director made repayments of £20,373. At 31 March 2026, this director owed the company £5,606. Interest of £404 has been calculated and charged on this loan using HM Revenue and Customs official rate for beneficial loan arrangements.

Directors advances, credits and guarantees

During the year, director 1 had a loan account with the company. At 1 April 2025, this director owed the company £18,441. During the year the company provided further loan advances of £7,134 and the director made repayments of £20,373. At 31 March 2026, this director owed the company £5,606. Interest of £404 has been calculated and charged on this loan using HM Revenue and Customs official rate for beneficial loan arrangements.

During the year, director 2 had a loan account with the company. At 1 April 2025, this director owed the company £18,441. During the year the company provided further loan advances of £7,134 and the director made repayments of £20,373. At 31 March 2026, this director owed the company £5,606. Interest of £404 has been calculated and charged on this loan using HM Revenue and Customs official rate for beneficial loan arrangements.

10.	Further information regarding the company's financial position
	The profit and loss reserve comprises accumulated profits made less dividends paid and accumulated surpluses and deficits on the revaluation of the investment properties held. At the balance sheet date £2,797,211 (2025- £2,693,754) of the profit and loss reserve is distributable.