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REGISTERED NUMBER: 11818688 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 June 2023

for

Albany Appointments Limited

Albany Appointments Limited (Registered number: 11818688)






Contents of the Financial Statements
for the Year Ended 28 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Albany Appointments Limited

Company Information
for the Year Ended 28 June 2023







DIRECTOR: Miss L C Collingwood





REGISTERED OFFICE: 107-111 Fleet Street
London
EC4A 2AB





REGISTERED NUMBER: 11818688 (England and Wales)





ACCOUNTANTS: Equifino Ltd
128 City Road
London
EC1V 2NX

Albany Appointments Limited (Registered number: 11818688)

Balance Sheet
28 June 2023

28.6.23 28.6.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 36,000 39,000
Tangible assets 5 2,889 778
38,889 39,778

CURRENT ASSETS
Debtors 6 24,120 38,091
Cash at bank 43,868 48,849
67,988 86,940
CREDITORS
Amounts falling due within one year 7 44,024 73,963
NET CURRENT ASSETS 23,964 12,977
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,853

52,755

CREDITORS
Amounts falling due after more than
one year

8

8,171

12,067
NET ASSETS 54,682 40,688

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,582 40,588
54,682 40,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Albany Appointments Limited (Registered number: 11818688)

Balance Sheet - continued
28 June 2023


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 by the director and authorised for issue on 9 October 2023 and were signed by:





Miss L C Collingwood - Director


Albany Appointments Limited (Registered number: 11818688)

Notes to the Financial Statements
for the Year Ended 28 June 2023

1. STATUTORY INFORMATION

Albany Appointments 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 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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have a reasonable expectation that despite the adverse economy the company has adequate resources to continue in operational existence for the foreseeable future. On this basis, the directors have concluded that they can continue to adopt the going concern basis in preparing the financial statements.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
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

Albany Appointments Limited (Registered number: 11818688)

Notes to the Financial Statements - continued
for the Year Ended 28 June 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Albany Appointments Limited (Registered number: 11818688)

Notes to the Financial Statements - continued
for the Year Ended 28 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 29 June 2022
and 28 June 2023 45,000
AMORTISATION
At 29 June 2022 6,000
Amortisation for year 3,000
At 28 June 2023 9,000
NET BOOK VALUE
At 28 June 2023 36,000
At 28 June 2022 39,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 29 June 2022 1,592 - 1,592
Additions - 2,546 2,546
At 28 June 2023 1,592 2,546 4,138
DEPRECIATION
At 29 June 2022 814 - 814
Charge for year 435 - 435
At 28 June 2023 1,249 - 1,249
NET BOOK VALUE
At 28 June 2023 343 2,546 2,889
At 28 June 2022 778 - 778

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.23 28.6.22
as restated
£    £   
Trade debtors 24,120 38,091

Albany Appointments Limited (Registered number: 11818688)

Notes to the Financial Statements - continued
for the Year Ended 28 June 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.23 28.6.22
as restated
£    £   
Bank loans and overdrafts 3,600 3,600
Trade creditors 10,859 6,597
Tax 21,565 18,625
VAT 5,204 12,796
Other creditors - 26,500
Directors' current accounts 1,346 2,006
Accruals and deferred income 1,450 3,839
44,024 73,963

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.6.23 28.6.22
as restated
£    £   
Bank loans - 2-5 years 8,171 12,067