REGISTERED NUMBER: 00926524 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Almadon Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J H Greenwood

SECRETARY:

A L Patrick

REGISTERED OFFICE:

6 Rectory Road

37 Old Parsonage Lane

Hoton

Leicestershire

LE12 5SG

REGISTERED NUMBER:

00926524 (England and Wales)

ACCOUNTANTS:

Mellor Oxland LLP

Hine House

25 Regent Street

Nottingham

Nottinghamshire

NG1 5BS

FIXED ASSETS

Tangible assets

4

490,487

-

Investment property

5

15,753,226

3,100,214

16,243,713

3,100,214

CURRENT ASSETS

Debtors

6

16,994,995

13,529,628

Cash at bank

2,244,555

18,223,810

19,239,550

31,753,438

CREDITORS

Amounts falling due within one year

7

474,626

881,292

NET CURRENT ASSETS

18,764,924

30,872,146

TOTAL ASSETS LESS CURRENT LIABILITIES

35,008,637

33,972,360

PROVISIONS FOR LIABILITIES

148,207

25,585

NET ASSETS

34,860,430

33,946,775

CAPITAL AND RESERVES

Called up share capital

200,000

200,000

Revaluation reserve

8

168,493

168,493

Retained earnings

34,491,937

33,578,282

34,860,430

33,946,775

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 27 November 2025 and were signed by:

J H Greenwood - Director

1.	STATUTORY INFORMATION

Almadon 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax, and the reversal of a significant tax provision that was originally made in 2018. 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

490,487

At 30 April 2025

490,487

NET BOOK VALUE

At 30 April 2025

490,487

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

3,100,214

Additions

12,653,012

At 30 April 2025

15,753,226

NET BOOK VALUE

At 30 April 2025

15,753,226

At 30 April 2024

3,100,214

Fair value at 30 April 2025 is represented by:

£

Valuation in 2018

140,078

Valuation in 2023

124,000

Valuation in 2024

(70,000

)

Cost

15,559,148

15,753,226

Investment properties are subject to a valuation by the director, who is not a professionally qualified valuer. The investment properties are included at fair value at 30 April 2025 based on a review of recent sold prices for similar properties in the area and relevant property indices.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

16,994,995

13,529,628

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

91,015

864,042

Other creditors

383,611

17,250

474,626

881,292

8.

RESERVES

Revaluation

reserve

£

At 1 May 2024

and 30 April 2025

168,493

9.	RELATED PARTY DISCLOSURES

Debtors includes loans of £16,616,140 (2024 £13,239,600) to companies with common directors and shareholders.

The directors are also trustee of a UK registered charity to which the company made donations of £10,900 (2024 £12,000).