Formula Land (Alderbury) Limited

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

Registered number: 12283915

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	1,640,498		1,552,747
Debtors	5	22,784		30,130
Cash at bank and in hand		377		4,130

		1,663,659		1,587,007
Creditors: Amounts Falling Due Within One Year	6	(1,671,829 )		(1,593,461 )

NET CURRENT ASSETS (LIABILITIES)			(8,170 )		(6,454 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(8,170 )		(6,454 )

NET LIABILITIES			(8,170 )		(6,454 )

CAPITAL AND RESERVES
Called up share capital	7		3		3
Profit and Loss Account			(8,173 )		(6,457 )

SHAREHOLDERS' FUNDS			(8,170)		(6,454)

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 R M Leckie Director	Mr D P Christian Director	Mr M L Jephcott Director
18 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Formula Land (Alderbury) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12283915 . The registered office is Office 6, 7 - 11 High Street, Reigate, Surrey, RH2 9AA.

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. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

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

4. Stocks

	2024	2023
	£	£
Work in progress	1,640,498	1,552,747

5. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	838	871
Other debtors	6,000	6,000
Foxlydiate Ltd	3,133	3,133
Telstar Ltd	-	500
Formula Land (Polegate) Ltd	320	320
Protodale (Broyle Rd) Ltd	2,000	2,000
Ninfield Investments	4,700	-
Maplebright LLP	513	-
VAT	5,280	17,306

	22,784	30,130

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	10,680	63,511
Woodpecker Ltd	505,109	505,109
Addblend Ltd	505,109	505,109
Accruals and deferred income	600	600
Directors' loan accounts	650,331	519,132

	1,671,829	1,593,461

Page 2

Page 3

Formula Land (Alderbury) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	3	3