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REGISTERED NUMBER: 11165032 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

ONE ALBANY CLOSE LTD

ONE ALBANY CLOSE LTD (REGISTERED NUMBER: 11165032)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

ONE ALBANY CLOSE LTD

COMPANY INFORMATION
for the Year Ended 30 April 2025







DIRECTOR: E D Coleman





REGISTERED OFFICE: 206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS





REGISTERED NUMBER: 11165032 (England and Wales)





ACCOUNTANTS: F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS

ONE ALBANY CLOSE LTD (REGISTERED NUMBER: 11165032)

BALANCE SHEET
30 April 2025

2024 2025
£    £    Notes £   
FIXED ASSETS
112,847 Tangible assets 5 95,665
6,250,000 Investment property 6 6,250,000
6,362,847 6,345,665

CURRENT ASSETS
38,264 Debtors 7 40,432
12,394 Cash at bank and in hand 12,279
50,658 52,711
CREDITORS
2,822,302 Amounts falling due within one year 8 2,148,678
(2,771,644 ) NET CURRENT LIABILITIES (2,095,967 )
3,591,203 TOTAL ASSETS LESS CURRENT
LIABILITIES

4,249,698

CREDITORS
(3,347,500 ) Amounts falling due after more than one year 9 (3,897,500 )

(28,212 ) PROVISIONS FOR LIABILITIES (61,526 )
215,491 NET ASSETS 290,672

CAPITAL AND RESERVES
100 Called up share capital 100
215,391 Retained earnings 290,572
215,491 290,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

ONE ALBANY CLOSE LTD (REGISTERED NUMBER: 11165032)

BALANCE SHEET - continued
30 April 2025


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 29 May 2025 and were signed by:





E D Coleman - Director


ONE ALBANY CLOSE LTD (REGISTERED NUMBER: 11165032)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2025


1. STATUTORY INFORMATION

One Albany Close Ltd is a private company, limited by shares and registered in England and Wales.

The company's registered number and registered office address are as follows

Registered number: 11165032

Registered office: 206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS

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

The principal activity of the company in the year under review was that of property and real estate letting.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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.

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.


ONE ALBANY CLOSE LTD (REGISTERED NUMBER: 11165032)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2025


3. 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2024 286,420
Disposals (712 )
At 30 April 2025 285,708
DEPRECIATION
At 1 May 2024 173,573
Charge for year 16,881
Eliminated on disposal (411 )
At 30 April 2025 190,043
NET BOOK VALUE
At 30 April 2025 95,665
At 30 April 2024 112,847

6. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 May 2024
and 30 April 2025 6,250,000
NET BOOK VALUE
At 30 April 2025 6,250,000
At 30 April 2024 6,250,000

Cost or valuation at 30 April 2025 is represented by:
£   
Valuation in 2022 6,250,000

ONE ALBANY CLOSE LTD (REGISTERED NUMBER: 11165032)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2025


6. INVESTMENT PROPERTY - continued

If Investment Property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 6,099,561 6,099,561

Investment property was valued on fair value basis on 30 April 2022 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Prepayments 40,432 38,264

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed to group undertakings 1,703,514 2,641,816
Tax 64,634 37,795
Accrued expenses 380,530 142,691
2,148,678 2,822,302

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans more 5 yrs non-inst 3,897,500 3,347,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 3,897,500 3,347,500

10. RELATED PARTY DISCLOSURES

The controlling party is JEDS Investments Ltd.

ONE ALBANY CLOSE LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
ONE ALBANY CLOSE LTD


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2025 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS


29 May 2025