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REGISTERED NUMBER: 09788892 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

ALBIONMONT LIMITED

ALBIONMONT LIMITED (REGISTERED NUMBER: 09788892)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALBIONMONT LIMITED

COMPANY INFORMATION
for the Year Ended 30th September 2023







DIRECTOR: Mr J Kiely





REGISTERED OFFICE: 100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 09788892 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

ALBIONMONT LIMITED (REGISTERED NUMBER: 09788892)

BALANCE SHEET
30th September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 258,473 258,473

CURRENT ASSETS
Debtors 5 240,660 223,285
Cash at bank 12 12
240,672 223,297
CREDITORS
Amounts falling due within one year 6 (66,522 ) (66,415 )
NET CURRENT ASSETS 174,150 156,882
TOTAL ASSETS LESS CURRENT
LIABILITIES

432,623

415,355

CREDITORS
Amounts falling due after more than one
year

7

(430,653

)

(419,891

)

PROVISIONS FOR LIABILITIES (9,011 ) (9,011 )
NET LIABILITIES (7,041 ) (13,547 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 27,033 29,196
Retained earnings (34,174 ) (42,843 )
SHAREHOLDERS' FUNDS (7,041 ) (13,547 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ALBIONMONT LIMITED (REGISTERED NUMBER: 09788892)

BALANCE SHEET - continued
30th September 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 7th February 2025 and were signed by:





Mr A Stephenson - Director


ALBIONMONT LIMITED (REGISTERED NUMBER: 09788892)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2023


1. STATUTORY INFORMATION

Albionmont Limited is a private limited company limited by share capital, incorporated in England and Wales, registration number 09788892. The address of the registered office is 100 Barbirolli Square, Manchester, England, M2 3BD . The principal place of business is 59 Elm Road, Didsbury, Manchester, M20 6PQ.

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 as modified by the revaluation of certain assets.

These accounts have been prepared on the going concern basis, on the understanding that the director and shareholder will continue to financially support the company for at least twelve months from the date these financial statements are approved and authorised for issue.

Turnover
Turnover represents amounts recognised by the company in respect of goods and services supplied exclusive of Value Added Tax and trade discounts. Turnover principally consists of rental income which is recognised on a straight-line basis over the lease term.

Investment property
Investment property is shown at fair value at each balance sheet date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the average rate covering the period 01.10.2022 to 30.09.2023. Exchange differences are taken into account in arriving at the operating result.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

ALBIONMONT LIMITED (REGISTERED NUMBER: 09788892)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2023


2. ACCOUNTING POLICIES - continued

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2022
and 30th September 2023 258,473
NET BOOK VALUE
At 30th September 2023 258,473
At 30th September 2022 258,473

Fair value at 30th September 2023 is represented by:
£   
Valuation in 2023 258,473

Investment property was valued on an open market basis on 30th September 2023 by the Director.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 63,386
Other debtors 240,660 159,899
240,660 223,285

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,663 -
Taxation and social security 1,691 29
Other creditors 63,168 66,386
66,522 66,415

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 430,653 419,891

ALBIONMONT LIMITED (REGISTERED NUMBER: 09788892)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100

9. RESERVES
Revaluation
reserve
£   
At 1st October 2022 29,196
Transfer between reserves (2,163 )

At 30th September 2023 27,033

10. RELATED PARTY DISCLOSURES

Included in Other debtors is an amount of £187,537 (2022: £62,674) owed from a company under common control.

Included in Other creditors is an amount of £44,500 (2022: £44,500) owed from a company under common control.