Company registration number 12198715 (England and Wales)
ALDBURY HOMES (NORTHILL) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ALDBURY HOMES (NORTHILL) LTD
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 6
ALDBURY HOMES (NORTHILL) LTD
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
137,075
137,075
Current assets
Debtors
4
219,672
219,672
Cash at bank and in hand
149
149
219,821
219,821
Creditors: amounts falling due within one year
Loans and overdrafts
18,333
18,333
Other creditors
2,653
1,741
20,986
20,074
Net current assets
198,835
199,747
Total assets less current liabilities
335,910
336,822
Creditors: amounts falling due after more than one year
Loans and overdrafts
483,133
439,791
(483,133)
(439,791)
Net liabilities
(147,223)
(102,969)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(147,224)
(102,970)
Total equity
(147,223)
(102,969)
ALDBURY HOMES (NORTHILL) LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 27 June 2025 and are signed on its behalf by:
Mr J C Gotzheim
Director
Company registration number 12198715 (England and Wales)
ALDBURY HOMES (NORTHILL) LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 April 2022
1
(6,949)
(6,948)
Year ended 31 March 2023:
Loss and total comprehensive income for the year
-
(96,021)
(96,021)
Balance at 31 March 2023
1
(102,970)
(102,969)
Year ended 31 March 2024:
Loss and total comprehensive income for the year
-
(44,254)
(44,254)
Balance at 31 March 2024
1
(147,224)
(147,223)
ALDBURY HOMES (NORTHILL) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
1
Accounting policies
Company information
Aldbury Homes (Northill) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Copperhouse Court, Caldecotte Business Park, Milton Keynes, Buckinghamshire, England, MK7 8NL.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
1.2
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
ALDBURY HOMES (NORTHILL) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 5 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
137,075
137,075
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
219,672
219,672
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
10,000
10,000
Trade creditors
1,833
961
Other creditors
9,153
9,113
20,986
20,074
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
34,948
34,990
Other creditors
448,185
404,801
483,133
439,791
7
Related party transactions
The following amounts were outstanding at the reporting end date: £219,672 (2023: £214,367).
ALDBURY HOMES (NORTHILL) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 6 -
8
Parent company
The company is controller by the parent company, who owns 100% of the issued share capital of the company. The company's immediate parent is Aldbury Homes Ltd, incorporated in England and Wales.