ALB Mastic Sealant Ltd - Filleted accounts

Registered number

12255060

ALB Mastic Sealant Ltd

Filleted Accounts

31 October 2025

ALB Mastic Sealant Ltd
Registered number:		12255060
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		9,018			10,103
			9,018			10,103

Current assets
Debtors	4	7,215			16,577
Investments held as current assets	5	129,940			-
Cash at bank and in hand		7,346			37,523
		144,501			54,100

Creditors: amounts falling due within one year	6	(67,858)			(31,140)

Net current assets			76,643			22,960

Total assets less current liabilities			85,661			33,063


Net assets			85,661			33,063

Capital and reserves
Called up share capital			100			100
Profit and loss account			85,561			32,963

Shareholders' funds			85,661			33,063

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Enea Hoxhara
Director
Approved by the board on 8 May 2026

ALB Mastic Sealant Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	20% Reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			4		4


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	8,067		9,523		17,590
	Additions	-		1,950		1,950
	At 31 October 2025	8,067		11,473		19,540

	Depreciation
	At 1 November 2024	4,366		3,121		7,487
	Charge for the year	740		2,295		3,035
	At 31 October 2025	5,106		5,416		10,522

	Net book value
	At 31 October 2025	2,961		6,057		9,018
	At 31 October 2024	3,701		6,402		10,103


4	Debtors			2025		2024
£					£

	Other debtors			7,215		16,577
				7,215		16,577


5	Investments held as current assets			2025		2024
£					£
	Fair value
	Unlisted investments			129,940		-
				129,940		-


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			1,217		3,167
	Taxation and social security costs			25,400		13,894
	Other creditors			41,241		14,079
				67,858		31,140


7	Other information

	ALB Mastic Sealant Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	49 Surrey Road
	Maidstone
	Kent
	ME15 7HN