Company registration number 01330551 (England and Wales)
AALMAR SURVEYS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
Affinia
10 - 12 Mulberry Green
Old Harlow
Essex
CM17 0ET
AALMAR SURVEYS LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 8
AALMAR SURVEYS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
197,484
233,227
Investments
5
38,535
38,535
236,019
271,762
Current assets
Debtors
7
316,074
297,521
Cash at bank and in hand
135,328
202,726
451,402
500,247
Creditors: amounts falling due within one year
8
(476,289)
(393,939)
Net current (liabilities)/assets
(24,887)
106,308
Total assets less current liabilities
211,132
378,070
Provisions for liabilities
9
(46,606)
(52,966)
Net assets
164,526
325,104
Capital and reserves
Called up share capital
10
100
100
Profit and loss reserves
164,426
325,004
Total equity
164,526
325,104
AALMAR SURVEYS LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 21 April 2026 and are signed on its behalf by:
Mrs C M Bryer
Director
Company registration number 01330551 (England and Wales)
AALMAR SURVEYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Aalmar Surveys Limited is a private company limited by shares incorporated in England and Wales. The registered office is Number 1 Exchange Building, 132 Commercial Street, London, E1 6NG.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the receivable for the provision of sea and coastal freight water transport services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Survey equipment
20% on cost
Fixtures and equipment
20% on cost
Yacht, canal & wideberth boats
10% on cost
Motor vehicles
15% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

AALMAR SURVEYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

AALMAR SURVEYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

AALMAR SURVEYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 6 -
1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
11
10
4
Tangible fixed assets
Survey equipment
Fixtures and equipment
Yacht, canal & wideberth boats
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 January 2025
6,276
42,236
258,750
46,000
353,262
Additions
-
0
2,153
-
0
-
0
2,153
At 31 December 2025
6,276
44,389
258,750
46,000
355,415
Depreciation and impairment
At 1 January 2025
4,942
28,555
64,114
22,424
120,035
Depreciation charged in the year
363
4,758
25,875
6,900
37,896
At 31 December 2025
5,305
33,313
89,989
29,324
157,931
AALMAR SURVEYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
4
Tangible fixed assets
Survey equipment
Fixtures and equipment
Yacht, canal & wideberth boats
Motor vehicles
Total
£
£
£
£
£
(Continued)
- 7 -
Carrying amount
At 31 December 2025
971
11,076
168,761
16,676
197,484
At 31 December 2024
1,334
13,681
194,636
23,576
233,227
5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
38,535
38,535
6
Subsidiaries

Details of the company's subsidiaries at 31 December 2025 are as follows:

Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
Aalmar Surveys Inc
America
Ship surveying and investigations
Ordinary
100.00
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
295,268
271,565
Other debtors
20,806
25,956
316,074
297,521
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
321,296
202,592
Corporation tax
5,733
20,247
Other taxation and social security
19,169
47,515
Other creditors
130,091
123,585
476,289
393,939
AALMAR SURVEYS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
9
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
46,606
52,966
10
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
2025-12-31 2025-01-01 false false false 21 April 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr A J Coleman Mrs C M Bryer Mr K W Fulker Ms R Martin Mr M P COLEMAN Mrs C M Bryer 01330551 2025-01-01 2025-12-31 01330551 2025-12-31 01330551 2024-12-31 01330551 core:PlantMachinery 2025-12-31 01330551 core:FurnitureFittings 2025-12-31 01330551 core:ComputerEquipment 2025-12-31 01330551 core:MotorVehicles 2025-12-31 01330551 core:PlantMachinery 2024-12-31 01330551 core:FurnitureFittings 2024-12-31 01330551 core:ComputerEquipment 2024-12-31 01330551 core:MotorVehicles 2024-12-31 01330551 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 01330551 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 01330551 core:CurrentFinancialInstruments 2025-12-31 01330551 core:CurrentFinancialInstruments 2024-12-31 01330551 core:ShareCapital 2025-12-31 01330551 core:ShareCapital 2024-12-31 01330551 core:RetainedEarningsAccumulatedLosses 2025-12-31 01330551 core:RetainedEarningsAccumulatedLosses 2024-12-31 01330551 core:ShareCapitalOrdinaryShareClass1 2025-12-31 01330551 core:ShareCapitalOrdinaryShareClass1 2024-12-31 01330551 bus:CompanySecretaryDirector1 2025-01-01 2025-12-31 01330551 core:PlantMachinery 2025-01-01 2025-12-31 01330551 core:FurnitureFittings 2025-01-01 2025-12-31 01330551 core:ComputerEquipment 2025-01-01 2025-12-31 01330551 core:MotorVehicles 2025-01-01 2025-12-31 01330551 2024-01-01 2024-12-31 01330551 core:PlantMachinery 2024-12-31 01330551 core:FurnitureFittings 2024-12-31 01330551 core:ComputerEquipment 2024-12-31 01330551 core:MotorVehicles 2024-12-31 01330551 2024-12-31 01330551 core:Subsidiary1 2025-01-01 2025-12-31 01330551 core:Subsidiary1 1 2025-01-01 2025-12-31 01330551 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 01330551 bus:OrdinaryShareClass1 2025-12-31 01330551 bus:OrdinaryShareClass1 2024-12-31 01330551 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01330551 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01330551 bus:FRS102 2025-01-01 2025-12-31 01330551 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 01330551 bus:Director1 2025-01-01 2025-12-31 01330551 bus:Director2 2025-01-01 2025-12-31 01330551 bus:Director3 2025-01-01 2025-12-31 01330551 bus:Director4 2025-01-01 2025-12-31 01330551 bus:Director5 2025-01-01 2025-12-31 01330551 bus:CompanySecretary1 2025-01-01 2025-12-31 01330551 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP