Registered number
08068074
Albemarle Court (Nottingham) Limited
Report and Accounts
31 May 2024
Albemarle Court (Nottingham) Limited
Report to the directors on the preparation of the unaudited statutory accounts of Albemarle Court (Nottingham) Limited for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Albemarle Court (Nottingham) Limited for the year ended 31 May 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
27 August 2024
Albemarle Court (Nottingham) Limited
Registered number: 08068074
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,812,090 2,813,212
Current assets
Debtors 4 1,250,022 1
Cash at bank and in hand 497,442 1,295,161
1,747,464 1,295,162
Creditors: amounts falling due within one year 5 (1,116,859) (1,026,240)
Net current assets 630,605 268,922
Net assets 3,442,695 3,082,134
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,442,694 3,082,133
Shareholders' funds 3,442,695 3,082,134
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Akhtar
Director
Approved by the board on 27 August 2024
Albemarle Court (Nottingham) Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of services provided to customers.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 41 43
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 June 2023 2,808,722 68,370 17,000 2,894,092
At 31 May 2024 2,808,722 68,370 17,000 2,894,092
Depreciation
At 1 June 2023 - 64,518 16,362 80,880
Charge for the year - 963 159 1,122
At 31 May 2024 - 65,481 16,521 82,002
Net book value
At 31 May 2024 2,808,722 2,889 479 2,812,090
At 31 May 2023 2,808,722 3,852 638 2,813,212
4 Debtors 2024 2023
£ £
Other debtors 1,250,022 1
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,502 1,362
Corporation tax 91,730 78,252
Other taxes and social security costs 6,816 6,816
Other creditors 1,014,811 939,810
1,116,859 1,026,240
6 Other information
Albemarle Court (Nottingham) Limited is a private company limited by shares and incorporated in England. Its registered office is:
5 Marlborough Road
Woodthorpe
Nottingham
Nottinghamshire
NG5 4FG
Albemarle Court (Nottingham) Limited 08068074 false 2023-06-01 2024-05-31 2024-05-31 VT Final Accounts April 2024 J Akhtar No description of principal activity 08068074 2022-06-01 2023-05-31 08068074 core:WithinOneYear 2023-05-31 08068074 core:ShareCapital 2023-05-31 08068074 core:RetainedEarningsAccumulatedLosses 2023-05-31 08068074 2023-06-01 2024-05-31 08068074 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08068074 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 08068074 bus:Director40 2023-06-01 2024-05-31 08068074 core:LandBuildings 2023-06-01 2024-05-31 08068074 core:PlantMachinery 2023-06-01 2024-05-31 08068074 core:Vehicles 2023-06-01 2024-05-31 08068074 countries:England 2023-06-01 2024-05-31 08068074 bus:FRS102 2023-06-01 2024-05-31 08068074 bus:FilletedAccounts 2023-06-01 2024-05-31 08068074 2024-05-31 08068074 core:WithinOneYear 2024-05-31 08068074 core:ShareCapital 2024-05-31 08068074 core:RetainedEarningsAccumulatedLosses 2024-05-31 08068074 core:LandBuildings 2024-05-31 08068074 core:PlantMachinery 2024-05-31 08068074 core:Vehicles 2024-05-31 08068074 2023-05-31 08068074 core:LandBuildings 2023-05-31 08068074 core:PlantMachinery 2023-05-31 08068074 core:Vehicles 2023-05-31 iso4217:GBP xbrli:pure