IRIS Accounts Production v25.1.4.42 02303225 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02303225 2024-03-31 02303225 2025-03-31 02303225 2024-04-01 2025-03-31 02303225 2023-03-31 02303225 2023-04-01 2024-03-31 02303225 2024-03-31 02303225 ns15:EnglandWales 2024-04-01 2025-03-31 02303225 ns14:PoundSterling 2024-04-01 2025-03-31 02303225 ns10:Director1 2024-04-01 2025-03-31 02303225 ns10:Director2 2024-04-01 2025-03-31 02303225 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02303225 ns10:SmallEntities 2024-04-01 2025-03-31 02303225 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02303225 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 02303225 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02303225 ns10:AbridgedAccounts 2024-04-01 2025-03-31 02303225 1 2024-04-01 2025-03-31 02303225 ns10:Director3 2024-04-01 2025-03-31 02303225 ns10:Director4 2024-04-01 2025-03-31 02303225 ns10:CompanySecretary1 2024-04-01 2025-03-31 02303225 ns10:RegisteredOffice 2024-04-01 2025-03-31 02303225 ns5:CurrentFinancialInstruments 2025-03-31 02303225 ns5:CurrentFinancialInstruments 2024-03-31 02303225 ns5:Non-currentFinancialInstruments 2025-03-31 02303225 ns5:Non-currentFinancialInstruments 2024-03-31 02303225 ns5:ShareCapital 2025-03-31 02303225 ns5:ShareCapital 2024-03-31 02303225 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 02303225 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 02303225 ns5:NetGoodwill 2024-04-01 2025-03-31 02303225 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 02303225 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-04-01 2025-03-31 02303225 ns5:FurnitureFittings 2024-04-01 2025-03-31 02303225 ns5:MotorVehicles 2024-04-01 2025-03-31 02303225 ns5:WithinOneYear ns5:HirePurchaseContracts 2025-03-31 02303225 ns5:WithinOneYear ns5:HirePurchaseContracts 2024-03-31 02303225 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2025-03-31 02303225 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2024-03-31 02303225 ns5:HirePurchaseContracts 2025-03-31 02303225 ns5:HirePurchaseContracts 2024-03-31 02303225 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-03-31 02303225 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-03-31

REGISTERED NUMBER: 02303225 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ADDISON LONDON LIMITED

ADDISON LONDON LIMITED (REGISTERED NUMBER: 02303225)

Contents of the Financial Statements

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

ADDISON LONDON LIMITED

Company Information

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | P Mason

| G Mason

| H Mason

| Ms R Mason

| SECRETARY: | P Mason

| REGISTERED OFFICE: | 3 The Chapmans

| Tilehouse Street

| Hitchin

| Hertfordshire

| SG5 2TS

| REGISTERED NUMBER: | 02303225 (England and Wales)

| ACCOUNTANTS: | Mark Burrows Limited

| Chartered Accountants

| 3 The Chapmans

| Tilehouse Street

| Hitchin

| Hertfordshire

| SG5 2TS

ADDISON LONDON LIMITED (REGISTERED NUMBER: 02303225)

Abridged Balance Sheet

31 MARCH 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 219,241 |  | 231,421 |  |

Tangible assets | 5 | 22,281 |  | 28,760 |  |

Investments | 6 | 258,507 |  | 287,230 |  |

500,029 |  | 547,411 |  |

CURRENT ASSETS

Debtors | 38,938 |  | 46,747 |  |

Prepayments and accrued income | 26,802 |  | 24,268 |  |

Cash at bank and in hand | 113,074 |  | 89,432 |  |

178,814 |  | 160,447 |  |

CREDITORS

Amounts falling due within one year | 273,695 |  | 277,528 |  |

NET CURRENT LIABILITIES | (94,881 | ) | (117,081 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 405,148 |  | 430,330 |  |

CREDITORS

Amounts falling due after more than one year | (269,231 | ) | (340,565 | ) |

ACCRUALS AND DEFERRED INCOME | (4,273 | ) | (5,795 | ) |

NET ASSETS | 131,644 |  | 83,970 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 131,544 |  | 83,870 |  |

SHAREHOLDERS' FUNDS | 131,644 |  | 83,970 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ADDISON LONDON LIMITED (REGISTERED NUMBER: 02303225)

Abridged Balance Sheet - continued

31 MARCH 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

G Mason - Director

H Mason - Director

ADDISON LONDON LIMITED (REGISTERED NUMBER: 02303225)

Notes to the Financial Statements

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Addison London 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Preparation of consolidated financial statements

| The financial statements contain information about Addison London Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover represents net invoiced sales of services and fees, excluding value added tax.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of twenty 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Short leasehold | - | 10% on cost

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| 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.

ADDISON LONDON LIMITED (REGISTERED NUMBER: 02303225)

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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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 11 (2024 - 10 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 243,601 |  |

| AMORTISATION

| At 1 April 2024 | 12,180 |  |

| Amortisation for year | 12,180 |  |

| At 31 March 2025 | 24,360 |  |

| NET BOOK VALUE

| At 31 March 2025 | 219,241 |  |

| At 31 March 2024 | 231,421 |  |

ADDISON LONDON LIMITED (REGISTERED NUMBER: 02303225)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 90,208 |  |

| DEPRECIATION

| At 1 April 2024 | 61,448 |  |

| Charge for year | 6,479 |  |

| At 31 March 2025 | 67,927 |  |

| NET BOOK VALUE

| At 31 March 2025 | 22,281 |  |

| At 31 March 2024 | 28,760 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Totals

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 38,480 |  |

| DEPRECIATION

| At 1 April 2024 | 16,834 |  |

| Charge for year | 5,411 |  |

| At 31 March 2025 | 22,245 |  |

| NET BOOK VALUE

| At 31 March 2025 | 16,235 |  |

| At 31 March 2024 | 21,646 |  |

6. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST

| At 1 April 2024 | 287,230 |  |

| Impairments | (28,723 | ) |

| At 31 March 2025 | 258,507 |  |

| NET BOOK VALUE

| At 31 March 2025 | 258,507 |  |

| At 31 March 2024 | 287,230 |  |

ADDISON LONDON LIMITED (REGISTERED NUMBER: 02303225)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

| 31.3.25 |  | 31.3.24 |

£ | £ |

| Gross obligations repayable:

| Within one year | 5,454 |  | 5,454 |  |

| Between one and five years | 16,292 |  | 21,746 |  |

21,746 |  | 27,200 |  |

| Finance charges repayable:

| Within one year | 1,536 |  | 1,536 |  |

| Between one and five years | 512 |  | 2,048 |  |

2,048 |  | 3,584 |  |

| Net obligations repayable:

| Within one year | 3,918 |  | 3,918 |  |

| Between one and five years | 15,780 |  | 19,698 |  |

19,698 |  | 23,616 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase contracts | 19,698 |  | 23,616 |  |

| The hire purchase creditors are secured against the motor vehicles to which they relate.

9. | OTHER FINANCIAL COMMITMENTS

| There were £368,475 of lease commitments as at the balance sheet date.(2024 : £329,401).