Company Registration No. 11465363 (England and Wales)
Albion Cromer Limited
Unaudited accounts
for the year ended 31 July 2025
Albion Cromer Limited
Unaudited accounts
Contents
Albion Cromer Limited
Company Information
for the year ended 31 July 2025
Company Number
11465363 (England and Wales)
Registered Office
Cross Keys Public House
13 Market Place
Wymondham
Norfolk
NR18 0AX
United Kingdom
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Albion Cromer Limited
Statement of financial position
as at 31 July 2025
Tangible assets
18,188
56,213
Cash at bank and in hand
374,197
63,907
Creditors: amounts falling due within one year
(95,356)
(117,114)
Net current assets
313,030
240,180
Total assets less current liabilities
331,218
296,393
Creditors: amounts falling due after more than one year
(22,248)
(33,354)
Net assets
308,970
263,039
Called up share capital
100
100
Profit and loss account
308,870
262,939
Shareholders' funds
308,970
263,039
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 April 2026 and were signed on its behalf by
Jason Barker
Director
Company Registration No. 11465363
Albion Cromer Limited
Notes to the Accounts
for the year ended 31 July 2025
Albion Cromer Limited is a private company, limited by shares, registered in England and Wales, registration number 11465363. The registered office is Cross Keys Public House, 13 Market Place, Wymondham, Norfolk, NR18 0AX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Albion Cromer Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2024
26,309
96,729
123,038
Disposals
-
(81,729)
(81,729)
At 31 July 2025
26,309
15,000
41,309
At 1 August 2024
9,716
57,109
66,825
Charge for the year
3,320
1,229
4,549
On disposals
-
(48,253)
(48,253)
At 31 July 2025
13,036
10,085
23,121
At 31 July 2025
13,273
4,915
18,188
At 31 July 2024
16,593
39,620
56,213
Amounts falling due within one year
Accrued income and prepayments
491
395
Other debtors
12,844
276,525
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,555
-
Obligations under finance leases and hire purchase contracts
-
33,474
Trade creditors
17,143
17,353
Taxes and social security
37,351
35,620
Other creditors
18,830
5,672
Loans from directors
827
418
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).