Company Registration No. 14343701 (England and Wales)
Albin Utilities Ltd
Unaudited accounts
for the year ended 30 September 2025
Albin Utilities Ltd
Unaudited accounts
Contents
Albin Utilities Ltd
Company Information
for the year ended 30 September 2025
Director
Nathon Charles Albin
Company Number
14343701 (England and Wales)
Registered Office
10 Morden Road
Bournemouth
BH9 2SB
England
Accountants
SH Accounting Solutions Ltd
Office 1, 319a Holdenhurst Road
Bournemouth
BH8 8BT
Albin Utilities Ltd
Accountants' report
Accountants' report to the director of Albin Utilities Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 September 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 September 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
SH Accounting Solutions Ltd
Office 1, 319a Holdenhurst Road
Bournemouth
BH8 8BT
12 May 2026
Albin Utilities Ltd
Statement of financial position
as at 30 September 2025
Tangible assets
93,337
43,627
Cash at bank and in hand
89,528
45,377
Creditors: amounts falling due within one year
(70,205)
(30,577)
Net current assets
151,781
129,363
Total assets less current liabilities
245,118
172,990
Creditors: amounts falling due after more than one year
(20,380)
-
Provisions for liabilities
Deferred tax
(21,653)
(10,121)
Net assets
203,085
162,869
Called up share capital
1
1
Profit and loss account
203,084
162,868
Shareholders' funds
203,085
162,869
For the year ending 30 September 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 12 May 2026 and were signed on its behalf by
Nathon Charles Albin
Director
Company Registration No. 14343701
Albin Utilities Ltd
Notes to the Accounts
for the year ended 30 September 2025
Albin Utilities Ltd is a private company, limited by shares, registered in England and Wales, registration number 14343701. The registered office is 10 Morden Road, Bournemouth, BH9 2SB, England.
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.
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% straight line
Motor vehicles
20% reducing balance
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Albin Utilities Ltd
Notes to the Accounts
for the year ended 30 September 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2024
26,016
26,270
52,286
Disposals
-
(5,695)
(5,695)
At 30 September 2025
89,435
20,575
110,010
At 1 October 2024
3,006
5,653
8,659
Charge for the year
6,314
4,029
10,343
On disposals
-
(2,329)
(2,329)
At 30 September 2025
9,320
7,353
16,673
At 30 September 2025
80,115
13,222
93,337
At 30 September 2024
23,010
20,617
43,627
Amounts falling due within one year
Trade debtors
25,364
15,111
Other debtors
107,094
99,452
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
40,860
-
Taxes and social security
29,345
30,577
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
20,380
-
8
Transactions with related parties
During the year, the company made the following related party transactions:
Director
During the year, the director received loans of £81,540 and repaid a total of £81,955. Interest has been charged on the loan at 2.25% per annum increasing to 3.75% per annum. At the balance sheet date, the amount owed from the director was £81,228 (2024 - £81,643).
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).