REGISTERED NUMBER: 12163327 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

THE ALTGRAIN COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Hall

B A Hall

REGISTERED OFFICE:

Clarence Street Chambers

32 Clarence Street

Southend-On-Sea

SS1 1BD

BUSINESS ADDRESS:

45 Cambridge Road

Southend-on-Sea

Essex

SS1 1ET

REGISTERED NUMBER:

12163327 (England and Wales)

ACCOUNTANTS:

A.R. Lee & Co.

Chartered Accountants

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

FIXED ASSETS

Tangible assets

4

17,799

18,817

CURRENT ASSETS

Stocks

2,052

2,218

Debtors

5

5,263

3,576

Cash at bank

200

2,754

7,515

8,548

CREDITORS

Amounts falling due within one year

6

73,827

57,434

NET CURRENT LIABILITIES

(66,312

)

(48,886

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(48,513

)

(30,069

)

CAPITAL AND RESERVES

Called up share capital

7

50,000

50,000

Retained earnings

(98,513

)

(80,069

)

SHAREHOLDERS' FUNDS

(48,513

)

(30,069

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 24 April 2026 and were signed on its behalf by:

A Hall - Director

1.	STATUTORY INFORMATION

The Altgrain Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

-

10% on reducing balance

Production equipment

-

10% on cost

Computer equipment

-

33% on cost

Stocks

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

Hire purchase and leasing commitments

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

Going concern

Notwithstanding the deficiency of net current assets at the year end as shown in the balance sheet, the directors are confident the company can continue as a going concern on the basis of their continued financial support to the company.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Production

Computer

machinery

equipment

equipment

Totals

£

£

£

£

COST

At 1 September 2024

5,299

22,071

477

27,847

Additions

1,023

-

-

1,023

At 31 August 2025

6,322

22,071

477

28,870

DEPRECIATION

At 1 September 2024

2,146

6,470

414

9,030

Charge for year

418

1,560

63

2,041

At 31 August 2025

2,564

8,030

477

11,071

NET BOOK VALUE

At 31 August 2025

3,758

14,041

-

17,799

At 31 August 2024

3,153

15,601

63

18,817

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

1,091

-

Other debtors

4,172

3,576

5,263

3,576

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

1,794

953

Taxation and social security

227

-

Other creditors

71,806

56,481

73,827

57,434

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

50,000

Ordinary

£1

50,000

50,000