REGISTERED NUMBER: 04833956 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Athelbrae Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs F S Chainey

K Merrin

Mrs K R Merrin

SECRETARY:

Mrs K R Merrin

REGISTERED OFFICE:

10 Linnet Avenue

Paddock Wood

Kent

TN12 6XQ

REGISTERED NUMBER:

04833956 (England and Wales)

ACCOUNTANTS:

ah partnership

Chartered Accountants

Stanley House

49 Dartford Road

Sevenoaks

Kent

TN13 3TE

FIXED ASSETS

Intangible assets

4

2

2

Tangible assets

5

506

674

508

676

CURRENT ASSETS

Debtors

5,366

13,146

Cash at bank

42,924

77,712

48,290

90,858

CREDITORS

Amounts falling due within one year

17,710

38,196

NET CURRENT ASSETS

30,580

52,662

TOTAL ASSETS LESS CURRENT LIABILITIES

31,088

53,338

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

30,988

53,238

SHAREHOLDERS' FUNDS

31,088

53,338

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 Statement of Financial Position for the year ended 31 July 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 18 November 2025 and were signed on its behalf by:

Mrs F S Chainey - Director

1.	STATUTORY INFORMATION

Athelbrae 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.

Turnover

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

Intangible fixed assets

Intangible fixed assets are stated at cost less amortisation. Amortisation is calculated to write off the cost, less estimated residual value, of an asset over its estimated useful life to the business. The annual amortisation rates and methods are as follows:

Goodwill - 20% per annum on cost

Intellectual property rights - 10% per annum on cost

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

and 31 July 2025

39,500

AMORTISATION

At 1 August 2024

and 31 July 2025

39,498

NET BOOK VALUE

At 31 July 2025

2

At 31 July 2024

2

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

and 31 July 2025

10,116

DEPRECIATION

At 1 August 2024

9,442

Charge for year

168

At 31 July 2025

9,610

NET BOOK VALUE

At 31 July 2025

506

At 31 July 2024

674

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

4,789

2,466

Between one and five years

21,329

4,933

In more than five years

2,325

-

28,443

7,399

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 August 2024

53,238

Profit for the year

27,150

Dividends

(49,400

)

At 31 July 2025

30,988

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of this company is deemed to be Mrs F S Chainey, director, by virtue of her shareholding in the company.