Aubin Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14527339

AUBIN HOLDINGS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2025

AUBIN HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	154,480	154,480
Investments	6	23,542,837	23,488,677
		---------------	---------------
		23,697,317	23,643,157

Current assets

Debtors	7	367,733	283,307
Cash at bank and in hand		62,398	100,826
		----------	----------
		430,131	384,133

Creditors: amounts falling due within one year	8	509,216		424,695
		----------		----------
Net current liabilities			79,085		40,562
			---------------		---------------
Total assets less current liabilities			23,618,232		23,602,595

Creditors: amounts falling due after more than one year	9		5,356,523		5,635,420

Provisions	10	755,188	697,721
		---------------	---------------
Net assets		17,506,521	17,269,454
		---------------	---------------

Capital and reserves

Called up share capital	12	2	2
Share premium account		406,148	406,148
Profit and loss account		17,100,371	16,863,304
		---------------	---------------
Shareholders funds		17,506,521	17,269,454
		---------------	---------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31st 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

AUBIN HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 30 December 2025 , and are signed on behalf of the board by:

S. Reinton

Director

Company registration number: 14527339

AUBIN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st MARCH 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 Wickham Way, Beckenham, Kent, BR3 3AA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the amounts receivable for services rendered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

4. Tax on profit

Major components of tax expense

		Period from
	Year to	7 Dec 22 to
	31 Mar 25	31 Mar 24
	£	£

Current tax:

UK current tax expense	71,556	11,545

Deferred tax:

Origination and reversal of timing differences	57,467	49,451
	----------	---------
Tax on profit	129,023	60,996
	----------	---------

5. Tangible assets

	Freehold investment property
	£
Cost
At 1st April 2024 and 31st March 2025	154,480
	----------
Depreciation
At 1st April 2024 and 31st March 2025	–
	----------
Carrying amount
At 31st March 2025	154,480
	----------
At 31st March 2024	154,480
	----------

The directors have revalued the investment property at the year end. The historic cost was £192,519.

6. Investments

	Shares in group undertakings	Shares in participating interests	Other investments other than loans	Total
	£	£	£	£
Cost
At 1st April 2024	406,150	150,000	22,932,527	23,488,677
Additions	–	–	6,078,386	6,078,386
Disposals	–	–	( 6,055,219)	( 6,055,219)
Revaluations	–	–	30,993	30,993
	----------	----------	---------------	---------------
At 31st March 2025	406,150	150,000	22,986,687	23,542,837
	----------	----------	---------------	---------------
Impairment
At 1st April 2024 and 31st March 2025	–	–	–	–
	----------	----------	---------------	---------------

Carrying amount
At 31st March 2025	406,150	150,000	22,986,687	23,542,837
	----------	----------	---------------	---------------
At 31st March 2024	406,150	150,000	22,932,527	23,488,677
	----------	----------	---------------	---------------

The company has a 100% interest in 2022 Aubin Ltd, whose assets were transferred to this company on a merger acquisition basis. The company also holds 37.50% interest in Allzones Limited.

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	206,627	177,927
Other debtors	161,106	105,380
	----------	----------
	367,733	283,307
	----------	----------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	406,150	406,150
Corporation tax	83,101	11,545
Other creditors	19,965	7,000
	----------	----------
	509,216	424,695
	----------	----------

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

	2025	2024
	£	£
Other creditors	5,356,523	5,635,420
	-------------	-------------

10. Provisions

	Deferred tax (note 11)
	£
At 1st April 2024	697,721
Additions	57,467
	----------
At 31st March 2025	755,188
	----------

11. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 10)	755,188	697,721
	----------	----------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Fair value adjustment of financial assets	792,874	717,885
Unused tax losses	( 37,686)	( 20,164)
	----------	----------
	755,188	697,721
	----------	----------

12. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----