Company No: 06384221 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	177,649		233,530
		177,649		233,530
Current assets
Debtors	4	735,263		1,108,291
Cash at bank and in hand		833,343		1,126,571
		1,568,606		2,234,862
Creditors: amounts falling due within one year	5	( 456,666)		( 872,654)
Net current assets		1,111,940		1,362,208
Total assets less current liabilities		1,289,589		1,595,738
Creditors: amounts falling due after more than one year	6	( 56,348)		( 67,034)
Provision for liabilities		( 35,811)		( 48,464)
Net assets		1,197,430		1,480,240
Capital and reserves
Called-up share capital	7	100		100
Share premium account		12		18
Profit and loss account		1,197,318		1,480,122
Total shareholders' funds		1,197,430		1,480,240

For the financial year ending 31 March 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 Anderton Gables Limited (registered number: 06384221) were approved and authorised for issue by the Board of Directors on 11 August 2025. They were signed on its behalf by:

J D Shaw Director

A Whittle 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

Anderton Gables Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom and is registered in England and Wales. The address of the Company's registered office is Thomas Carter House, 1-2 Cross Street, Preston, PR1 3LT, England, 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 Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
-the amount of revenue can be measured reliably;
-it is probable that the Company will receive the consideration due under the contract;
-the stage of completion of the contract at the end of the reporting period can be measured reliably; and
-the costs incurred and the costs to complete the contract can be measured reliably.

In respect of long term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for on-going services is recognised by reference to the stage of completion. Contingent income is recognised only once the contingent element is assured.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

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 current 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.

Research & Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their useful economic lives, which range from 3 to 6 years.

If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Holiday Pay Accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the Balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the Balance sheet date.

Tangible fixed assets

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

Vehicles	20 % reducing balance
Fixtures and fittings	10 % reducing balance
Office equipment	20 % reducing balance

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 profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	48		48

3. Tangible assets

	Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2024	179,109		38,877		166,399		384,385
Additions	17,500		234		8,179		25,913
Disposals	( 89,609)		0		( 2,769)		( 92,378)
At 31 March 2025	107,000		39,111		171,809		317,920
Accumulated depreciation
At 01 April 2024	51,268		13,773		85,814		150,855
Charge for the financial year	24,302		2,528		16,797		43,627
Disposals	( 53,214)		0		( 997)		( 54,211)
At 31 March 2025	22,356		16,301		101,614		140,271
Net book value
At 31 March 2025	84,644		22,810		70,195		177,649
At 31 March 2024	127,841		25,104		80,585		233,530

4. Debtors

	2025		2024
	£		£
Trade debtors	496,749		882,791
Amounts owed by related parties	0		1,497
Amounts recoverable on contracts	124,510		87,458
Prepayments	114,004		136,545
	735,263		1,108,291

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	91,536		126,104
Taxation and social security	189,419		500,187
Obligations under finance leases and hire purchase contracts	10,685		57,782
Other creditors	165,026		188,581
	456,666		872,654

Net obligations under finance leases and hire purchase contracts are secured by fixed charges on the assets concerned.

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	56,348		67,034

Net obligations under finance leases and hire purchase contracts are secured by fixed charges on the assets concerned.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
51 A Ordinary shares of £ 1.00 each	51.00		51.00
31 B Ordinary shares of £ 1.00 each	31.00		31.00
9 C Ordinary shares of £ 1.00 each	9.00		9.00
9 D Ordinary shares of £ 1.00 each	9.00		9.00
6 E Ordinary shares of £ 0.01 each	0.06		0.06
6 F Ordinary shares of £ 0.01 each	0.06		0.06
Nil G Ordinary shares (2024: 6 shares of £ 0.01 each)	0		0.06
	100.12		100.18

On 4 November 2024 the company repurchased and cancelled 6 G Ordinary shares of £0.01 each at a premium of £0.99.

The A Ordinary, B Ordinary, C Ordinary and D Ordinary shares rank parri passu in all respects. The E Ordinary, F Ordinary and G Ordinary shares rank parri passu in all respects other than they do not have voting rights.

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	119,065		135,768
between one and five years	218,467		507,400
after five years	35,000		67,500
Total future minimum lease payments under non-cancellable operating leases	372,532		710,668

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

	2025		2024
	£		£
Unpaid contributions due to the fund (inc. in other creditors)	11,781		15,610

9. Related party transactions

In January 2025, the company acquired a vehicle from a shareholder for consideration of £17,500. The vehicle had been purchased by the shareholder in November 2024 for £15,990. The transaction was undertaken at a price above the original purchase cost to the shareholder, which may exceed the fair market value at the time of transfer.