Alfreton Road Holdco Limited 15233244 false 2023-10-24 2024-10-31 2024-10-31 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 true true true 15233244 2023-10-24 2024-10-31 15233244 2024-10-31 15233244 bus:OrdinaryShareClass1 2024-10-31 15233244 core:CurrentFinancialInstruments 2024-10-31 15233244 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 15233244 core:AdditionsToInvestments 2024-10-31 15233244 bus:SmallEntities 2023-10-24 2024-10-31 15233244 bus:AuditExemptWithAccountantsReport 2023-10-24 2024-10-31 15233244 bus:FilletedAccounts 2023-10-24 2024-10-31 15233244 bus:SmallCompaniesRegimeForAccounts 2023-10-24 2024-10-31 15233244 bus:RegisteredOffice 2023-10-24 2024-10-31 15233244 bus:Director1 2023-10-24 2024-10-31 15233244 bus:OrdinaryShareClass1 2023-10-24 2024-10-31 15233244 bus:PrivateLimitedCompanyLtd 2023-10-24 2024-10-31 15233244 bus:Agent1 2023-10-24 2024-10-31 15233244 core:JointVenture1 2023-10-24 2024-10-31 15233244 core:JointVenture1 countries:AllCountries 2023-10-24 2024-10-31 15233244 1 2023-10-24 2024-10-31 15233244 countries:England 2023-10-24 2024-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15233244

Alfreton Road Holdco Limited
Unaudited Filleted Financial Statements
for the Period from 24 October 2023 to 31 October 2024

Alfreton Road Holdco Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Alfreton Road Holdco Limited

Company Information

Director | Mr Mark Slatter

Registered office | 85 Buckingham Gate London SW1E 6PD

Accountants | Carbon Accountancy Limited Chartered Accountants80-83 Long Lane London EC1A 9ET

Alfreton Road Holdco Limited

(Registration number: 15233244)
Balance Sheet as at 31 October 2024

| Note | 2024 £
Fixed assets |  |
Investments | 4 | 25
Current assets |  |
Debtors | 5 | 7,875,086
Creditors: Amounts falling due within one year | 6 | (7,876,257)
Net current liabilities |  | (1,171)
Net liabilities |  | (1,146)
Capital and reserves |  |
Called up share capital | 7 | 100
Retained earnings |  | (1,246)
Shareholders' deficit |  | (1,146)

For the financial period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 October 2025

......................................... Mr Mark Slatter Director

Alfreton Road Holdco Limited

Notes to the Unaudited Financial Statements for the Period from 24 October 2023 to 31 October 2024

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
85 Buckingham Gate
London
SW1E 6PD
England

These financial statements were authorised for issue by the director on 15 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.
At the balance sheet date, there was a net deficiency of assets of £1.1k, however the director has confirmed continued support and considers the company retains sufficient working capital to continue trading for the foreseeable future.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Alfreton Road Holdco Limited

Notes to the Unaudited Financial Statements for the Period from 24 October 2023 to 31 October 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4 | Investments

| 2024 £
Investments in joint ventures | 25

Alfreton Road Holdco Limited

Notes to the Unaudited Financial Statements for the Period from 24 October 2023 to 31 October 2024

Joint ventures | £
Cost
Additions | 25
Provision
Carrying amount
At 31 October 2024 | 25

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2024
Joint ventures
Alfreton Road JV Limited | 85 Buckingham Gate, London SW1E 6PD | Ordinary B | 25%
| England |  |

Joint ventures
Alfreton Road JV Limited The principal activity of Alfreton Road JV Limited is that of a holding company.

5 | Debtors

Current | Note | 2024 £
Amounts owed by related parties | 8 | 7,875,086
|  | 7,875,086

Alfreton Road Holdco Limited

Notes to the Unaudited Financial Statements for the Period from 24 October 2023 to 31 October 2024

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £
Due within one year |  |
Amounts owed to related parties | 8 | 3,800,153
Accruals and deferred income |  | 1,200
Other creditors |  | 4,074,904
|  | 7,876,257

7 | Share capital

Allotted, called up and fully paid shares

| 2024
| No. | £
Ordinary of £1 each | 100 | 100

8 | Related party transactions

Summary of transactions with related entities
Olympian Homes Ltd
(Parent entity)
At the year end, the outstanding loan owed by the company to Olympian Homes Ltd was £3,800,153. No interest is charged on the loan, which is repayable on demand.
Alfreton Road JV Ltd
(Joint venture)
At the year end, the outstanding loan owed to the company by Alfreton Road JV Ltd was £7,875,086. No interest is charged on the loan, which is repayable on demand.

9 | Parent and ultimate parent undertaking

The company's immediate parent is Olympian Homes Limited, incorporated in England.
These financial statements are available upon request from 85 Buckingham Gate, London SW1E 6PD