Alfords (Westbourne) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 401450

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		759,911		506,678

			759,911		506,678
CURRENT ASSETS
Debtors	5	11,275		51,835
Cash at bank and in hand		29,311		305,478

		40,586		357,313
Creditors: Amounts Falling Due Within One Year	6	(170,175 )		(194,990 )

NET CURRENT ASSETS (LIABILITIES)			(129,589 )		162,323

TOTAL ASSETS LESS CURRENT LIABILITIES			630,322		669,001

Creditors: Amounts Falling Due After More Than One Year	7		(125,745 )		(179,385 )

NET ASSETS			504,577		489,616

CAPITAL AND RESERVES
Called up share capital	8		1,190		1,190
Share premium account			19,430		19,430
Revaluation reserve	9		589		589
Profit and Loss Account			483,368		468,407

SHAREHOLDERS' FUNDS			504,577		489,616

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Alfords (Westbourne) Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Saxby Director	Ms Lisa Saxby Director
29/08/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Alfords (Westbourne) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 401450 . The registered office is Grange Wood, 2 Grange Road, St Leonards, Ringwood, Hants, BH24 2QE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% straight line
Leasehold	2% straight line

2.3. Taxation

Income tax expense represents the sum of the tax currently payable on the profit generated during the year.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Total
	£	£	£
Cost
As at 1 January 2024	662,464	-	662,464
Additions	-	271,920	271,920

As at 31 December 2024	662,464	271,920	934,384

Depreciation
As at 1 January 2024	155,786	-	155,786
Provided during the period	13,249	5,438	18,687

As at 31 December 2024	169,035	5,438	174,473

Net Book Value
As at 31 December 2024	493,429	266,482	759,911

As at 1 January 2024	506,678	-	506,678

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Alfords (Westbourne) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	1,948	43,155
Commission due to Alfords Mgt	72	-

	2,020	43,155
Due after more than one year
VAT recoverable	2,254	1,679
Debtors - Dibden Developments	7,001	7,001

	9,255	8,680

	11,275	51,835

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	13,868	13,868
Pension fund loan	37,339	34,620
Corporation tax	10,423	19,078
Deposits held	18,400	18,400
Accruals and deferred income	2,860	22,675
Directors' loan accounts	87,285	86,349

	170,175	194,990

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loan	449	13,755
Loan from Pension Fund	125,046	165,380
Other creditors	250	250

	125,745	179,385

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,190	1,190

9. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	589

As at 31 December 2024	589

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