| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| ALBROUGH HOMES LIMITED |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| ALBROUGH HOMES LIMITED |
| ALBROUGH HOMES LIMITED (REGISTERED NUMBER: 09821147) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ALBROUGH HOMES LIMITED |
| Company Information |
| for the Year Ended 31 March 2025 |
| Director: |
| Registered office: |
| Registered number: |
| Senior statutory auditor: |
| Auditors: |
| Accountants and Statutory Auditor |
| 43 Coniscliffe Road |
| Darlington |
| Co. Durham |
| DL3 7EH |
| ALBROUGH HOMES LIMITED (REGISTERED NUMBER: 09821147) |
| Balance Sheet |
| 31 March 2025 |
| 31/3/25 | 31/3/24 |
| Notes | £ | £ | £ |
| Fixed assets |
| Investment property | 4 |
| Current assets |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
7 |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Capital contribution |
| Retained earnings | ( |
) |
| Shareholders' funds |
| The financial statements were approved by the director and authorised for issue on |
| ALBROUGH HOMES LIMITED (REGISTERED NUMBER: 09821147) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Albrough Homes Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources and support from the parent company, Hewitson Group Limited, to continue in operational existence for at least the next twelve months. |
| The financial statements have been prepared under the going concern basis of accounting. |
| 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Contract revenue and contract costs are recognised as revenue and expenses by reference to the stage of completion at the reporting date. |
| Rental income |
| Rentals paid under lease are charged to the profit and loss on a straight line basis over the term of the lease. |
| Investment property |
| Investment properties are to be held initially at cost and valued at fair value at each reporting date. |
| Work in progress |
| Work in progress will be measured at cost until its fair value becomes reliably measurable. |
| 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. |
| ALBROUGH HOMES LIMITED (REGISTERED NUMBER: 09821147) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| Additions |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| Investment property is held at cost, the director considers this to be the most accurate reflection of the fair value of the properties as at 31 March 2025. No formal valuation has taken place. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/3/25 | 31/3/24 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/3/25 | 31/3/24 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/3/25 | 31/3/24 |
| £ | £ |
| Amounts owed to group undertakings |
| ALBROUGH HOMES LIMITED (REGISTERED NUMBER: 09821147) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |
| The ultimate parent company is Hewitson Group Ltd, a private company limited by shares registered in England and Wales. This is the largest and smallest group in which the company is included in the consolidation. |
| The registered office is the same as for Albrough Homes Limited and can be found on the company information page. Consolidated group accounts are prepared by the parent and be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ. |