REGISTERED NUMBER: 04561535 (England and Wales)

Albion Business Limited

Unaudited Financial Statements

for the Year Ended 30 June 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R A Brindley

SECRETARY:

Mrs J Birks

REGISTERED OFFICE:

23 Albert Street

Newcastle under Lyme

Staffordshire

ST5 1JP

REGISTERED NUMBER:

04561535 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Intangible assets

4

520,800

558,000

Tangible assets

5

162,573

79,846

683,373

637,846

CURRENT ASSETS

Stocks

15,643

12,359

Debtors

6

293,832

102,834

Cash at bank and in hand

176,388

102,489

485,863

217,682

CREDITORS

Amounts falling due within one year

7

644,900

427,154

NET CURRENT LIABILITIES

(159,037

)

(209,472

)

TOTAL ASSETS LESS CURRENT LIABILITIES

524,336

428,374

CREDITORS

Amounts falling due after more than one year

8

(212,205

)

(215,484

)

PROVISIONS FOR LIABILITIES

(40,643

)

(19,961

)

NET ASSETS

271,488

192,929

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

271,487

192,928

SHAREHOLDERS' FUNDS

271,488

192,929

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

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

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 23 September 2025 and were signed by:

R A Brindley - Director

1.	STATUTORY INFORMATION

Albion Business Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net invoice value of services provided, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

930,000

AMORTISATION

At 1 July 2024

372,000

Charge for year

37,200

At 30 June 2025

409,200

NET BOOK VALUE

At 30 June 2025

520,800

At 30 June 2024

558,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 July 2024

50,846

51,550

13,346

115,742

Additions

27,644

84,288

-

111,932

At 30 June 2025

78,490

135,838

13,346

227,674

DEPRECIATION

At 1 July 2024

7,627

15,980

12,289

35,896

Charge for year

10,632

18,052

521

29,205

At 30 June 2025

18,259

34,032

12,810

65,101

NET BOOK VALUE

At 30 June 2025

60,231

101,806

536

162,573

At 30 June 2024

43,219

35,570

1,057

79,846

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

293,637

102,639

Other debtors

195

195

293,832

102,834

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

11,400

5,000

Trade creditors

179,888

98,423

Taxation and social security

204,678

113,726

Other creditors

248,934

210,005

644,900

427,154

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

11,883

29,583

Other creditors

200,322

185,901

212,205

215,484

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

9,583