REGISTERED NUMBER: 03090586 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Albion Technology Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C R Hammond

REGISTERED OFFICE:

Rabley House

Mildenhall

Marlborough

Wilts.

SN8 2LW

REGISTERED NUMBER:

03090586 (England and Wales)

ACCOUNTANTS:

Lawson & Co.

18, The Lagger

Chalfont St. Giles

Bucks.

HP8 4DG

FIXED ASSETS

Tangible assets

4

1,057

1,144

Investments

5

20,000

20,520

21,057

21,664

CURRENT ASSETS

Debtors

6

48,687

31,594

Cash at bank

7,603

9,787

56,290

41,381

CREDITORS

Amounts falling due within one year

7

15,866

9,391

NET CURRENT ASSETS

40,424

31,990

TOTAL ASSETS LESS CURRENT LIABILITIES

61,481

53,654

PROVISIONS FOR LIABILITIES

8

163

217

NET ASSETS

61,318

53,437

CAPITAL AND RESERVES

Called up share capital

9

50

50

Retained earnings

10

61,268

53,387

SHAREHOLDERS' FUNDS

61,318

53,437

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 December 2025 and were signed by:

C R Hammond - Director

1.	STATUTORY INFORMATION

Albion Technology 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.

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.

Tangible fixed assets

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

Plant and machinery etc

-

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

5,949

Additions

199

At 31 March 2025

6,148

DEPRECIATION

At 1 April 2024

4,805

Charge for year

286

At 31 March 2025

5,091

NET BOOK VALUE

At 31 March 2025

1,057

At 31 March 2024

1,144

5.	FIXED ASSET INVESTMENTS

Interest

in other

participating

Other

interests

investments

Totals

£

£

£

COST

At 1 April 2024

20

25,500

25,520

Disposals

(20

)

(500

)

(520

)

At 31 March 2025

-

25,000

25,000

PROVISIONS

At 1 April 2024

and 31 March 2025

-

5,000

5,000

NET BOOK VALUE

At 31 March 2025

-

20,000

20,000

At 31 March 2024

20

20,500

20,520

The investments comprise a 20% share in Hambros LLC, a partnership registered and trading in the USA, and an investment in Yardarm Technologies Inc., a company incorporated and trading in the USA.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

3,894

3,894

Other debtors

44,793

27,700

48,687

31,594

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

1,302

799

Taxation and social security

7,451

4,925

Other creditors

7,113

3,667

15,866

9,391

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

163

217

Deferred

tax

£

Balance at 1 April 2024

217

Accelerated capital allowances

(54

)

Balance at 31 March 2025

163

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

50

Ordinary

£1

50

50

10.

RESERVES

Retained

earnings

£

At 1 April 2024

53,387

Profit for the year

22,881

Dividends

(15,000

)

At 31 March 2025

61,268

11.	RELATED PARTY DISCLOSURES

The company is controlled by director and shareholder Mr. C. Hammond.

During the year the director, in his capacity as a shareholder, has received dividends amounting to £15,000 (2024 £15,000).