REGISTERED NUMBER: 03684260 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ANNANDALE LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

A M Annandale

REGISTERED OFFICE:

773 Spring Bank West

Hull

E. Yorks

HU5 5BA

REGISTERED NUMBER:

03684260 (England and Wales)

ACCOUNTANTS:

Majors Limited

57 Spyvee Street

Hull

E. Yorks

HU8 7JJ

CURRENT ASSETS

Stocks

32,865

35,500

Debtors

5

15,788

30,380

Cash at bank

3,506

7,195

52,159

73,075

CREDITORS

Amounts falling due within one year

6

212,615

215,901

NET CURRENT LIABILITIES

(160,456

)

(142,826

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(160,456

)

(142,826

)

CREDITORS

Amounts falling due after more than one year

7

39,535

47,022

NET LIABILITIES

(199,991

)

(189,848

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(200,091

)

(189,948

)

SHAREHOLDERS' FUNDS

(199,991

)

(189,848

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 May 2026 and were signed by:

A M Annandale - Director

1.	STATUTORY INFORMATION

Annandale Limited 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.

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.

These accounts have been prepared on a going concern basis, this will apply as long as the directors continue to support the company.

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 etc

-

25% on cost and 20% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

13,357

DEPRECIATION

At 1 January 2024

and 31 December 2024

13,357

NET BOOK VALUE

At 31 December 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

11,372

18,578

Other debtors

-

768

Directors' current accounts

3,450

2,240

Prepayments

966

8,794

15,788

30,380

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

7,487

7,008

Trade creditors

116,978

135,747

Social security and other taxes

7,975

8,442

VAT

23,047

4,986

Other creditors

40,020

39,220

Directors' current accounts

13,322

16,706

Accruals and deferred income

3,786

3,792

212,615

215,901

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

7,965

7,487

Bank loans - 2-5 years

26,765

25,330

Bank loans more 5 yr by instal

4,805

14,205

39,535

47,022

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,805

14,205

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

A M Annandale

Balance outstanding at start of year

2,240

4,189

Amounts advanced

29,008

38,220

Amounts repaid

(27,798

)

(40,169

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,450

2,240