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Registered number: 01241928
Alanshire Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 01241928
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 598,107 595,720
598,107 595,720
CURRENT ASSETS
Stocks 5 563,711 676,750
Debtors 6 49,444 58,572
Cash at bank and in hand 550,283 327,081
1,163,438 1,062,403
Creditors: Amounts Falling Due Within One Year 7 (397,770 ) (391,683 )
NET CURRENT ASSETS (LIABILITIES) 765,668 670,720
TOTAL ASSETS LESS CURRENT LIABILITIES 1,363,775 1,266,440
Creditors: Amounts Falling Due After More Than One Year 8 (163,663 ) (187,250 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (81,367 ) (80,485 )
NET ASSETS 1,118,745 998,705
CAPITAL AND RESERVES
Called up share capital 11 10,000 10,000
Revaluation reserve 12 156,923 156,923
Profit and Loss Account 951,822 831,782
SHAREHOLDERS' FUNDS 1,118,745 998,705
Page 1
Page 2
For the year ending 31 August 2025 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
Miss Karen Groom
Director
3rd December 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Alanshire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01241928 . The registered office is Vanstone Park, Hitchin Road, Codicote, Hertfordshire, SG4 8TH.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 5% on reducing balance
Leasehold 10% on cost
Plant & Machinery 10% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 12% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 33 (2024: 20)
33 20
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 September 2024 741,471 5,000 204,734 81,046
Additions - - 13,283 -
As at 31 August 2025 741,471 5,000 218,017 81,046
Depreciation
As at 1 September 2024 402,046 5,000 86,012 61,816
Provided during the period 16,971 - 13,004 4,808
As at 31 August 2025 419,017 5,000 99,016 66,624
Net Book Value
As at 31 August 2025 322,454 - 119,001 14,422
As at 1 September 2024 339,425 - 118,722 19,230
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Page 5
Fixtures & Fittings Total
£ £
Cost
As at 1 September 2024 370,907 1,403,158
Additions 43,281 56,564
As at 31 August 2025 414,188 1,459,722
Depreciation
As at 1 September 2024 252,564 807,438
Provided during the period 19,394 54,177
As at 31 August 2025 271,958 861,615
Net Book Value
As at 31 August 2025 142,230 598,107
As at 1 September 2024 118,343 595,720
5. Stocks
2025 2024
£ £
Stock 563,711 676,750
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors (1,342 ) (2,050 )
Other debtors 50,786 60,622
49,444 58,572
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 118,106 145,566
Bank loans and overdrafts 35,000 42,167
Other creditors 123,145 118,759
Taxation and social security 121,519 85,191
397,770 391,683
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 29,252 59,721
Other creditors 134,411 127,529
163,663 187,250
9. Secured Creditors
Of the creditors the following amounts are secured.
The loans are secured by a debenture comprising fixed and floating charges over all the assets and undertaking of Alanshire Limited. Guarantee has also been given by Patricia Groom to secure all liabilities of Alanshire Limited limited to £100,000. In addition, the loans are secured with the First Legal Mortgage over the leasehold property of Patricia Groom as well as the freehold property of Giles Stuart Groom and Karen Anne Groom, known as Land at Vanstone Park, Hitchin Road, Codicote, Hitchin, Hertfordshire.
2025 2024
£ £
Bank loans and overdrafts - 101,889
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10,000 10,000
12. Reserves
Revaluation Reserve
£
As at 1 September 2024 156,923
As at 31 August 2025 156,923
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