REGISTERED NUMBER: 14292356 (England and Wales)

Aldustria (Launceston) Ltd

Unaudited Financial Statements for the Year Ended 30 June 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

A F Hoppe

A A Pegg

S R Salt

Lord R Teverson

I D Hoppe

Registered office:

Units A & B Leeway House

Leeway Industrial Estate

Newport

NP19 4SL

Registered number:

14292356 (England and Wales)

Accountants:

Menzies LLP, Statutory Auditors

5th Floor Hodge House

114-116 St Mary Street

Cardiff

CF10 1DY

Fixed assets

Tangible assets

4

3,143,528

3,221,883

Current assets

Debtors

5

11,469

10,551

Cash at bank

16,681

6,792

28,150

17,343

Creditors

Amounts falling due within one year

6

(55,684

)

(412,634

)

Net current liabilities

(27,534

)

(395,291

)

Total assets less current liabilities

3,115,994

2,826,592

Creditors

Amounts falling due after more than one year

7

(3,364,946

)

(2,923,546

)

Net liabilities

(248,952

)

(96,954

)

Capital and reserves

Called up share capital

1,000

100

Retained earnings

(249,952

)

(97,054

)

(248,952

)

(96,954

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:

A F Hoppe - Director

I D Hoppe - Director

1.	Statutory information

Aldustria (Launceston) Ltd 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.

The company has made a loss for the year of £152,898 and are reporting net liabilities of £248,952 as at 30 June 2025. The financial statements have been prepared on a going concern basis. The directors are of the opinion that the entity has sufficient funding in place over the next 12 months to be able to meet its debts as and when they fall due.

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 the cost less estimated residual value of each asset over its estimated useful life.

Useful life

Fixed assets have been depreciated over their useful lives of 12, 15 and 25 years respectively.

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.

3.	Employees and directors

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

4.	Tangible fixed assets

Freehold

Plant and

property

machinery

Totals

£

£

£

Cost

At 1 July 2024

88,263

3,133,620

3,221,883

Additions

-

10,917

10,917

At 30 June 2025

88,263

3,144,537

3,232,800

Depreciation

Charge for year

-

89,272

89,272

At 30 June 2025

-

89,272

89,272

Net book value

At 30 June 2025

88,263

3,055,265

3,143,528

At 30 June 2024

88,263

3,133,620

3,221,883

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

9,037

-

VAT

-

8,195

Prepayments

2,432

2,356

11,469

10,551

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

8

374,442

VAT

7,964

-

Other creditors

37,162

37,162

Accrued expenses

10,550

1,030

55,684

412,634

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Amounts owed to participating interests

3,364,946

2,923,546

8.	Related party disclosures

The company has received a total of £3,364,946 (2024: £2,923,546) in loans from related parties. This is made up of £3,287,000 of capital loan payments (2024: £2,910,900) and £77,946 of cumulative interest (2024: £12,646). During the year, the company received a further £376,100 in loans from related parties (2024: £2,110,934).