REGISTERED NUMBER: 01920738 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Altonlord Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Edwards

A Edwards

E Edwards

L Burnham

SECRETARY:

A Edwards

REGISTERED OFFICE:

1 Greythorp Ind. Estate

Hartlepool

TS25 2DF

REGISTERED NUMBER:

01920738 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Oaklea House

46 Coatham Road

Redcar

TS10 1RS

Fixed assets

Tangible assets

3

2,546,027

1,834,670

Current assets

Stocks

28,500

23,500

Debtors

4

1,603,368

867,733

Cash at bank

100,692

214,444

1,732,560

1,105,677

Creditors

Amounts falling due within one year

5

(1,422,919

)

(749,592

)

Net current assets

309,641

356,085

Total assets less current liabilities

2,855,668

2,190,755

Creditors

Amounts falling due after more than one year

6

(842,855

)

(776,506

)

Provisions for liabilities

(522,546

)

(400,544

)

Net assets

1,490,267

1,013,705

Capital and reserves

Called up share capital

100

100

Retained earnings

1,490,167

1,013,605

Shareholders' funds

1,490,267

1,013,705

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 7 January 2026 and were signed on its behalf by:

E Edwards - Director

L Burnham - Director

1.	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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Buildings

-

15% on reducing balance and 5% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2024 - 32 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Buildings

machinery

fittings

£

£

£

COST

At 1 May 2024

296,092

515,520

2,240

Additions

231,065

112,000

-

Disposals

-

-

-

At 30 April 2025

527,157

627,520

2,240

DEPRECIATION

At 1 May 2024

65,603

343,613

1,837

Charge for year

4,512

40,889

81

Eliminated on disposal

-

-

-

At 30 April 2025

70,115

384,502

1,918

NET BOOK VALUE

At 30 April 2025

457,042

243,018

322

At 30 April 2024

230,489

171,907

403

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 May 2024

2,041,674

14,971

2,870,497

Additions

681,670

682

1,025,417

Disposals

(160,109

)

-

(160,109

)

At 30 April 2025

2,563,235

15,653

3,735,805

DEPRECIATION

At 1 May 2024

614,025

10,749

1,035,827

Charge for year

231,825

1,128

278,435

Eliminated on disposal

(124,484

)

-

(124,484

)

At 30 April 2025

721,366

11,877

1,189,778

NET BOOK VALUE

At 30 April 2025

1,841,869

3,776

2,546,027

At 30 April 2024

1,427,649

4,222

1,834,670

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 May 2024

189,739

1,294,065

1,483,804

Additions

106,000

669,920

775,920

Transfer to ownership

-

(80,000

)

(80,000

)

At 30 April 2025

295,739

1,883,985

2,179,724

DEPRECIATION

At 1 May 2024

87,618

172,257

259,875

Charge for year

26,339

181,402

207,741

Transfer to ownership

-

(25,812

)

(25,812

)

At 30 April 2025

113,957

327,847

441,804

NET BOOK VALUE

At 30 April 2025

181,782

1,556,138

1,737,920

At 30 April 2024

102,121

1,121,808

1,223,929

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,579,672

773,576

Other debtors

4,296

79,657

Prepayments

19,400

14,500

1,603,368

867,733

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

47,106

72,473

Hire purchase contracts

598,135

268,840

Trade creditors

487,770

227,248

Corporation tax

55,490

264

Social security and other tax

34,105

32,291

VAT

114,928

86,026

Other creditors

10,112

8,051

Directors' current accounts

11,846

18,030

Accrued expenses

63,427

36,369

1,422,919

749,592

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bounce Back Loan 1-2 year

885

9,973

Funding Circle Loan 1-2 years

-

36,458

Bounce Back Loan 2-5 year

-

1,569

Hire purchase contracts

841,970

728,506

842,855

776,506

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

-

3,077