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REGISTERED NUMBER: 07684115 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

ALDWARDEN LIMITED

ALDWARDEN LIMITED (REGISTERED NUMBER: 07684115)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


ALDWARDEN LIMITED (REGISTERED NUMBER: 07684115)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 300,378 165,226
Investment property 5 3,797,888 4,058,908
4,098,266 4,224,134

CURRENT ASSETS
Debtors 6 23,921 31,034
Cash at bank 586,018 108,308
609,939 139,342
CREDITORS
Amounts falling due within one year 7 (51,856 ) (34,724 )
NET CURRENT ASSETS 558,083 104,618
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,656,349

4,328,752

CREDITORS
Amounts falling due after more than one
year

8

(921,873

)

(762,186

)

PROVISIONS FOR LIABILITIES (12,236 ) (46,569 )
NET ASSETS 3,722,240 3,519,997

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 11 - 26,903
Retained earnings 3,722,140 3,492,994
SHAREHOLDERS' FUNDS 3,722,240 3,519,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ALDWARDEN LIMITED (REGISTERED NUMBER: 07684115)

BALANCE SHEET - continued
30 JUNE 2024


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 Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by:





I V James - Director


ALDWARDEN LIMITED (REGISTERED NUMBER: 07684115)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Aldwarden Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07684115

Registered office: Legh End
30 Goughs Lane
Knutsford
Cheshire
WA16 8QL

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, and is recognised when the services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 33% on cost
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred taxation is provided on gains at the rate expected at apply when the property is sold.

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.


ALDWARDEN LIMITED (REGISTERED NUMBER: 07684115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 136,288 151,656 4,257 292,201
Additions - 233,037 657 233,694
Disposals - (85,553 ) - (85,553 )
At 30 June 2024 136,288 299,140 4,914 440,342
DEPRECIATION
At 1 July 2023 50,614 72,520 3,841 126,975
Charge for year 21,419 58,976 241 80,636
Eliminated on disposal - (67,647 ) - (67,647 )
At 30 June 2024 72,033 63,849 4,082 139,964
NET BOOK VALUE
At 30 June 2024 64,255 235,291 832 300,378
At 30 June 2023 85,674 79,136 416 165,226

ALDWARDEN LIMITED (REGISTERED NUMBER: 07684115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 233,037
At 30 June 2024 233,037
DEPRECIATION
Charge for year 22,334
At 30 June 2024 22,334
NET BOOK VALUE
At 30 June 2024 210,703

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 4,058,908
Additions 105,372
Disposals (350,000 )
Impairments (16,392 )
At 30 June 2024 3,797,888
NET BOOK VALUE
At 30 June 2024 3,797,888
At 30 June 2023 4,058,908

Fair value at 30 June 2024 is represented by:
£   
Cost 3,797,888

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 23,921 31,034

ALDWARDEN LIMITED (REGISTERED NUMBER: 07684115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,247 9,994
Hire purchase contracts (see note 9) 17,634 -
Taxation and social security 4,403 4,028
Other creditors 19,572 20,702
51,856 34,724

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 751,939 762,186
Hire purchase contracts (see note 9) 169,934 -
921,873 762,186

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 741,433 741,433

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 17,634 -
Between one and five years 169,934 -
187,568 -

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 187,568 -
Bank loans 762,185 772,179
949,753 772,179

ALDWARDEN LIMITED (REGISTERED NUMBER: 07684115)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


11. RESERVES
Fair
value
reserve
£   
At 1 July 2023 26,903
Disposal of investment
property (26,903 )

At 30 June 2024 -