Company Registration No. 10181776 (England and Wales)
Albion Test Centre Limited
Unaudited accounts
for the year ended 31 May 2024
Albion Test Centre Limited
Unaudited accounts
Contents
Albion Test Centre Limited
Company Information
for the year ended 31 May 2024
Directors
Sharon Brewin
Martin Geary
Company Number
10181776 (England and Wales)
Registered Office
Albion Test Centre Ltd
Unit 4
Maltings Industrial Estate, Derby Road
Burton-on-Trent
Staffordshire
DE14 1RN
England
Albion Test Centre Limited
Statement of financial position
as at 31 May 2024
Tangible assets
851,574
69,371
Cash at bank and in hand
84,476
372,004
Creditors: amounts falling due within one year
(284,049)
(116,227)
Net current (liabilities)/assets
(51,896)
358,192
Total assets less current liabilities
799,678
427,563
Creditors: amounts falling due after more than one year
(343,137)
(100,901)
Provisions for liabilities
Deferred tax
(18,568)
(17,342)
Net assets
437,973
309,320
Called up share capital
100
100
Profit and loss account
437,873
309,220
Shareholders' funds
437,973
309,320
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2024 and were signed on its behalf by
Sharon Brewin
Director
Company Registration No. 10181776
Albion Test Centre Limited
Notes to the Accounts
for the year ended 31 May 2024
Albion Test Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 10181776. The registered office is Albion Test Centre Ltd, Unit 4, Maltings Industrial Estate, Derby Road, Burton-on-Trent, Staffordshire, DE14 1RN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
no depreciation
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
-
70,007
52,815
122,822
Additions
777,295
15,180
-
792,475
At 31 May 2024
777,295
85,187
52,815
915,297
At 1 June 2023
-
32,782
20,669
53,451
Charge for the year
-
7,861
2,411
10,272
At 31 May 2024
-
40,643
23,080
63,723
At 31 May 2024
777,295
44,544
29,735
851,574
At 31 May 2023
-
37,225
32,146
69,371
Albion Test Centre Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
139,774
94,361
Accrued income and prepayments
2,971
3,101
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
76,585
26,692
Taxes and social security
81,508
51,943
Other creditors
2,129
2,247
Loans from directors
81,479
427
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
343,137
100,901
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).