Company No: 00701501 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	382		2,379
Tangible assets	4	55,507		63,886
		55,889		66,265
Current assets
Stocks		3,562		3,068
Debtors	5	78,842		80,016
Cash at bank and in hand		178,534		182,450
		260,938		265,534
Creditors: amounts falling due within one year	6	( 137,778)		( 168,404)
Net current assets		123,160		97,130
Total assets less current liabilities		179,049		163,395
Provision for liabilities		( 613)		( 1,180)
Net assets		178,436		162,215
Capital and reserves
Called-up share capital		100		100
Profit and loss account		178,336		162,115
Total shareholders' funds		178,436		162,215

For the financial year ending 05 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Aldervale Limited (registered number: 00701501) were approved and authorised for issue by the Board of Directors on 28 November 2025. They were signed on its behalf by:

Mrs K M Loyd Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Aldervale Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Old Library Chambers, 21 Chipper Lane, Salisbury, Wiltshire, SP1 1BG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

Turnover

Turnover represents a 6% management charge raised relating to the year for payments and monies received from rental income and stalking fees on behalf of Mrs K M Loyd, Mrs C M Powell, The Sir Philip Wroughton 2012 Settlement and Woolley Enterprises, and also a 6% management charge to South Fawley Farm based on a notional rent value. South Fawley Farm is a partnership between Mrs K M Loyd and Mrs C M Powell.

Turnover also includes energy sales made during the year and renewable heat incentives receivable relating to the year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Intangible assets

Intangible assets are stated at cost, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates calculated to write off the cost of each asset over its expected useful life as follows:

Website costs

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	5 - 20 years straight line
Fixtures and fittings	5 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the statement of income and retained earnings.

Stocks

Stock is valued at the lower of cost and net realisable value under the cost model.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Intangible assets

	Website costs		Total
	£		£
Cost
At 06 April 2024	9,986		9,986
At 05 April 2025	9,986		9,986
Accumulated amortisation
At 06 April 2024	7,607		7,607
Charge for the financial year	1,997		1,997
At 05 April 2025	9,604		9,604
Net book value
At 05 April 2025	382		382
At 05 April 2024	2,379		2,379

4. Tangible assets

	Plant and machinery		Fixtures and fittings		Total
	£		£		£
Cost
At 06 April 2024	166,278		4,445		170,723
Additions	0		695		695
At 05 April 2025	166,278		5,140		171,418
Accumulated depreciation
At 06 April 2024	104,234		2,603		106,837
Charge for the financial year	8,271		803		9,074
At 05 April 2025	112,505		3,406		115,911
Net book value
At 05 April 2025	53,773		1,734		55,507
At 05 April 2024	62,044		1,842		63,886

5. Debtors

	2025		2024
	£		£
Trade debtors	45,014		76,187
Prepayments	27,828		3,829
Other debtors	6,000		0
	78,842		80,016

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	26,758		14,488
Accruals and deferred income	36,601		33,226
Taxation and social security	5,422		12,643
Other creditors	68,997		108,047
	137,778		168,404

7. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Mrs K M Loyd	3,391		(56,098)
The Sir Phillip Wroughton 2012 Settlement	(52,804)		(27,828)
Mrs C M Powell	(692)		(5,229)
Woolley Enterprises	(9,000)		(9,000)

The company makes payments and receives monies on behalf of the directors, The Sir Philip Wroughton 2012 Settlement and Woolley Enterprises, a partnership between Mrs K M Loyd, Mrs C M Powell and Mr B Powell. Amounts due from/(to) the directors at the year end are shown in the table above.

A management charge based on 6% of rental income is received from Mrs K M Loyd, Mrs C M Powell, The Sir Philip Wroughton 2012 Settlement and Woolley Enterprises for this service. Amounts included in turnover for the year ended 31 March 2025 were as follows:

• Mrs K M Loyd: £9,000
• The Sir Philip Wroughton 2012 Settlement: £2,400
• Mrs C M Powell: £1,080
• Woolley Enterprises: £3,736

A management charge based on 6% of notional rental income is also received from South Fawley Farm, a partnership between Mrs K M Loyd and Mrs C M Powell. The amount included within turnover in respect of the service charge for the year ended 31 March 2025 is £36,865.

8. Ultimate controlling party

The ultimate controlling party is Mrs K M Loyd, the majority shareholder.