Registration number: 03729888

Alderson Limited

Contents

Company Information	1
Balance Sheet & Notes to the Financial Statements	2 to 8

Alderson Limited

Company Information

Director

T Carter

Registered office

Alderson House Saltfleet Road Theddlethorpe Lincolnshire LN12 1PH

Alderson Limited

(Registration number: 03729888)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	1,208,758	1,227,528
Current assets
Stocks	6	11,922	19,353
Debtors	7	2,369,695	2,067,276
Cash at bank and in hand		1,602,962	889,294
		3,984,579	2,975,923
Creditors: Amounts falling due within one year	8	(1,167,716)	(970,720)
Net current assets		2,816,863	2,005,203
Total assets less current liabilities		4,025,621	3,232,731
Creditors: Amounts falling due after more than one year	8	(995)	(10,950)
Provisions for liabilities		(34,537)	(27,087)
Net assets		3,990,089	3,194,694
Capital and reserves
Called up share capital		101	101
Revaluation reserve		75,999	79,999
Retained earnings		3,913,989	3,114,594
Shareholders' funds		3,990,089	3,194,694

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 January 2026
 

......................................... T Carter Director

Alderson Limited

(Registration number: 03729888)
Balance Sheet as at 30 April 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 03729888.

The address of its registered office is:
Alderson House
Saltfleet Road
Theddlethorpe
Lincolnshire
LN12 1PH

These financial statements cover the individual entity, Alderson Limited.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 including Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Government grants

Government grants which become receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support to the entity with no future related costs, are recognised as income in the period in which they become receivable.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Alderson Limited

(Registration number: 03729888)
Balance Sheet as at 30 April 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and fittings	33% straight line and 20% reducing balance
Freehold property	2% straight line
Motor vehicles	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Alderson Limited

(Registration number: 03729888)
Balance Sheet as at 30 April 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 420 (2024 - 412).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 May 2024	50,000	50,000
At 30 April 2025	50,000	50,000
Amortisation
At 1 May 2024	50,000	50,000
At 30 April 2025	50,000	50,000
Carrying amount
At 30 April 2025	-	-

Alderson Limited

(Registration number: 03729888)
Balance Sheet as at 30 April 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 May 2024	1,322,289	222,652	177,511	1,722,452
Additions	25,341	25,515	14,494	65,350
Disposals	-	-	(58,790)	(58,790)
At 30 April 2025	1,347,630	248,167	133,215	1,729,012
Depreciation
At 1 May 2024	226,894	152,722	115,308	494,924
Charge for the year	27,196	23,301	16,121	66,618
Eliminated on disposal	-	-	(41,288)	(41,288)
At 30 April 2025	254,090	176,023	90,141	520,254
Carrying amount
At 30 April 2025	1,093,540	72,144	43,074	1,208,758
At 30 April 2024	1,095,395	69,930	62,203	1,227,528

Included within the net book value of land and buildings above is £1,093,540 (2024 - £1,095,395) in respect of freehold land and buildings.
 

6

Stocks

	2025 £	2024 £
Finished goods and goods for resale	11,922	19,353

7

Debtors

Current	2025 £	2024 £
Trade debtors	1,125,959	1,530,456
Prepayments	447,347	398,068
Other debtors	796,389	138,752
	2,369,695	2,067,276

Alderson Limited

(Registration number: 03729888)
Balance Sheet as at 30 April 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	10,380	21,710
Trade creditors		46,680	82,500
Taxation and social security		467,155	318,486
Accruals and deferred income		104,089	102,394
Other creditors		539,412	445,630
		1,167,716	970,720

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £10,380 (2024 - £21,710).

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	995	10,950

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,380	21,710

Alderson Limited

(Registration number: 03729888)
Balance Sheet as at 30 April 2025

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

10	Related party transactions

Transactions with the Director

2025	At 1 May 2024 £	Advances to Director £	Repayments by Director £	At 30 April 2025 £
T Carter
No interest is charged, instead a BIK is incurred and P11d produced.	(117,626)	(35,435)	2,000	(151,061)

2024	At 1 May 2023 £	Advances to Director £	Repayments by Director £	At 30 April 2024 £
T Carter
No interest is charged, instead a BIK is incurred and P11d produced.	12,814	(133,003)	2,563	(117,626)