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REGISTERED NUMBER: 09122157 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

ALBION INVESTMENTS & HOLDINGS LTD

ALBION INVESTMENTS & HOLDINGS LTD (REGISTERED NUMBER: 09122157)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALBION INVESTMENTS & HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: P A Francis FCCA





REGISTERED OFFICE: Energique
Anstey Lane
Alton
Hampshire
GU34 2NB





REGISTERED NUMBER: 09122157 (England and Wales)





ACCOUNTANTS: Tiakyfee Consultants Ltd
5 Dukes Close
Alton
Hampshire
GU34 1PH

ALBION INVESTMENTS & HOLDINGS LTD (REGISTERED NUMBER: 09122157)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,687 2,250
Investments 5 221,868 301,508
Investment property 6 365,000 425,000
588,555 728,758

CURRENT ASSETS
Debtors 7 397,168 195,325
Cash at bank 8,909 406,531
406,077 601,856
CREDITORS
Amounts falling due within one year 8 371,671 277,685
NET CURRENT ASSETS 34,406 324,171
TOTAL ASSETS LESS CURRENT
LIABILITIES

622,961

1,052,929

CREDITORS
Amounts falling due after more than one year 9 (288,522 ) (288,522 )

PROVISIONS FOR LIABILITIES (422 ) (6,562 )
NET ASSETS 334,017 757,845

CAPITAL AND RESERVES
Called up share capital 337 337
Fair value reserve 11 185,591 319,231
Retained earnings 148,089 438,277
SHAREHOLDERS' FUNDS 334,017 757,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

ALBION INVESTMENTS & HOLDINGS LTD (REGISTERED NUMBER: 09122157)

BALANCE SHEET - continued
31 AUGUST 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 May 2025 and were signed by:





P A Francis FCCA - Director


ALBION INVESTMENTS & HOLDINGS LTD (REGISTERED NUMBER: 09122157)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Albion Investments & Holdings Ltd 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Albion Investments & Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of 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
Turnover represents letting income receivable from properties managed by Albion Holdings & Investments Ltd.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investments in subsidiaries
Investments in shares are shown at fair value. Gains are recognised in the Income statement.

Investment property
Investment property is included at fair value. Gains are recognised in the Income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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 (2023 - NIL).

ALBION INVESTMENTS & HOLDINGS LTD (REGISTERED NUMBER: 09122157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 3,000
DEPRECIATION
At 1 September 2023 750
Charge for year 563
At 31 August 2024 1,313
NET BOOK VALUE
At 31 August 2024 1,687
At 31 August 2023 2,250

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 September 2023 301,508
Revaluations 64,747
Impairments (144,387 )
At 31 August 2024 221,868
NET BOOK VALUE
At 31 August 2024 221,868
At 31 August 2023 301,508

Cost or valuation at 31 August 2024 is represented by:

Shares in Interest
group in joint
undertakings venture Totals
£    £    £   
Valuation in 2020 229,829 18,560 248,389
Valuation in 2021 70,000 (243 ) 69,757
Valuation in 2022 76,558 (7,595 ) 68,963
Valuation in 2023 (75,150 ) (10,725 ) (85,875 )
Valuation in 2024 (79,640 ) - (79,640 )
Cost 271 3 274
221,868 - 221,868

ALBION INVESTMENTS & HOLDINGS LTD (REGISTERED NUMBER: 09122157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. FIXED ASSET INVESTMENTS - continued

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 274 274

Fixed asset investments were valued on a fair value basis on 31 August 2024 by the directors of the company .

Fair value gains and losses on the above assets are recognised in the Income Statement.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 425,000
Revaluations (23,994 )
Impairments (36,006 )
At 31 August 2024 365,000
NET BOOK VALUE
At 31 August 2024 365,000
At 31 August 2023 425,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2021 48,994
Valuation in 2023 (25,000 )
Valuation in 2024 (60,000 )
Cost 401,006
365,000

If investment property had not been revalued it would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 401,006 401,006

Investment property was valued on a fair value basis on 31 August 2024 by the directors of the company .

7. DEBTORS
31.8.24 31.8.23
£    £   
Amounts falling due within one year:
Amounts owed by associates 8,000 93,421
Other debtors 336,168 36,904
344,168 130,325

ALBION INVESTMENTS & HOLDINGS LTD (REGISTERED NUMBER: 09122157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. DEBTORS - continued
31.8.24 31.8.23
£    £   
Amounts falling due after more than one year:
Amounts owed by associates 53,000 65,000

Aggregate amounts 397,168 195,325

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed to group undertakings 41,317 78,650
Amounts owed to associates 178,302 121,302
Taxation and social security 9,326 13,976
Other creditors 142,726 63,757
371,671 277,685

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 288,522 288,522

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 288,522 288,522

10. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 288,522 288,522

The mortgage is secured against the investment property.

11. RESERVES
Fair
value
reserve
£   
At 1 September 2023 319,231
Fair value reserve movement (133,640 )

At 31 August 2024 185,591

ALBION INVESTMENTS & HOLDINGS LTD (REGISTERED NUMBER: 09122157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

12. RELATED PARTY DISCLOSURES

At the Balance Sheet date the company was owed £53,000 (2023 - £65,000) by Luxury Waterside Lettings (Hythe) Ltd, a company in which Paul Francis, is a director and 50% shareholder.

At the Balance Sheet date the company was owed £8,000 (2023 - £21,867) by P&G Sports Simulators Ltd, a company in which Paul Francis is a director and 50% shareholder.

At the Balance Sheet date the company was owed £nil (2023 - £71,554) by AGP Property Refurbishment & Development Ltd, a company in which Paul Francis is a director and 50% shareholder.

At the Balance Sheet date the company owed £178,302 (2023 - £121,302) to Tiakyfee Consultants Ltd, a company in which Paul and Lana Francis are directors and shareholders.

13. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by Paul and Lana Francis.