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REGISTERED NUMBER: 11181051 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ALBERT INNES GROUP LTD

ALBERT INNES GROUP LTD (REGISTERED NUMBER: 11181051)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALBERT INNES GROUP LTD

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTORS: Mr R A Haigh
Miss Y Sherriff





REGISTERED OFFICE: Beckett House
Enfield Avenue
Leeds
West Yorkshire
LS7 1QN





REGISTERED NUMBER: 11181051 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB

ALBERT INNES GROUP LTD (REGISTERED NUMBER: 11181051)

BALANCE SHEET
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 210,340 210,340
Investments 6 708,540 708,540
918,880 918,880

CREDITORS
Amounts falling due within one year 7 874,482 810,823
NET CURRENT LIABILITIES (874,482 ) (810,823 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,398

108,057

CREDITORS
Amounts falling due after more than one
year

8

37,172

99,811
NET ASSETS 7,226 8,246

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 7,124 8,144
7,226 8,246

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

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

ALBERT INNES GROUP LTD (REGISTERED NUMBER: 11181051)

BALANCE SHEET - continued
30 September 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 Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





Mr R A Haigh - Director


ALBERT INNES GROUP LTD (REGISTERED NUMBER: 11181051)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

Albert Innes Group 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

ALBERT INNES GROUP LTD (REGISTERED NUMBER: 11181051)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024


3. ACCOUNTING POLICIES - continued

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 October 2023
and 30 September 2024 210,340
NET BOOK VALUE
At 30 September 2024 210,340
At 30 September 2023 210,340

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 708,540
NET BOOK VALUE
At 30 September 2024 708,540
At 30 September 2023 708,540

ALBERT INNES GROUP LTD (REGISTERED NUMBER: 11181051)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Amounts owed to group undertakings 873,462 810,823
Other creditors 1,020 -
874,482 810,823

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Other creditors 37,172 99,811

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R A Haigh.