PTP Accounts Production v23.1.5.20 07205034 Board of Directors 1.12.22 30.11.23 30.11.23 25.11.24 0 0 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072050342022-11-30072050342023-11-30072050342022-12-012023-11-30072050342021-11-30072050342021-12-012022-11-30072050342022-11-3007205034ns15:EnglandWales2022-12-012023-11-3007205034ns14:PoundSterling2022-12-012023-11-3007205034ns10:Director12022-12-012023-11-3007205034ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3007205034ns10:SmallEntities2022-12-012023-11-3007205034ns10:Audited2022-12-012023-11-3007205034ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3007205034ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3007205034ns10:FullAccounts2022-12-012023-11-3007205034ns10:OrdinaryShareClass12022-12-012023-11-3007205034ns10:Director22022-12-012023-11-3007205034ns10:Director42022-12-012023-11-3007205034ns10:RegisteredOffice2022-12-012023-11-3007205034ns5:CurrentFinancialInstruments2023-11-3007205034ns5:CurrentFinancialInstruments2022-11-3007205034ns5:Non-currentFinancialInstruments2023-11-3007205034ns5:Non-currentFinancialInstruments2022-11-3007205034ns5:ShareCapital2023-11-3007205034ns5:ShareCapital2022-11-3007205034ns5:RetainedEarningsAccumulatedLosses2023-11-3007205034ns5:RetainedEarningsAccumulatedLosses2022-11-3007205034ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3007205034ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3007205034ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 07205034 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

Albatross RAE Limited

Albatross RAE Limited (Registered number: 07205034)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Albatross RAE Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: D R Bartlett
C Hampton
N W Whitehouse





REGISTERED OFFICE: Calibration House
17-19 Cecil Pashley Way
Shoreham Airport
West Sussex
BN43 7FF





REGISTERED NUMBER: 07205034 (England and Wales)





AUDITORS: OPPENHEIMS Chartered Accountants
Statutory Auditors
Springfield
Cox Green Lane
Maidenhead
Berkshire
SL6 3EY

Albatross RAE Limited (Registered number: 07205034)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Debtors 4 1,700 6,817
Cash at bank 539 1,545
2,239 8,362
CREDITORS
Amounts falling due within one year 5 19,871 22,124
NET CURRENT LIABILITIES (17,632 ) (13,762 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,632

)

(13,762

)

CREDITORS
Amounts falling due after more than one
year

6

210,686

210,906
NET LIABILITIES (228,318 ) (224,668 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (228,418 ) (224,768 )
SHAREHOLDERS' FUNDS (228,318 ) (224,668 )

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 25 November 2024 and were signed on its behalf by:





C Hampton - Director


Albatross RAE Limited (Registered number: 07205034)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Albatross RAE 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.

These financial statements are presented in GBP and rounded to nil pence.

Related party exemption
The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue from a contract is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors - 5,206
Other debtors 1,700 1,611
1,700 6,817

Albatross RAE Limited (Registered number: 07205034)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 5,755 10,607
Taxation and social security 8,260 8,260
Other creditors 5,856 3,257
19,871 22,124

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Amounts owed to group undertakings 210,686 210,906

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary 1.00 100 100

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

N S Oppenheim (Senior Statutory Auditor)
for and on behalf of OPPENHEIMS Chartered Accountants

9. ULTIMATE CONTROLLING PARTY

The controlling party is Albatross Bidco Limited.

The ultimate controlling party is Literacy Capital Plc.