ACCOUNTS - Final Accounts

Registered number: 03437008

ALSFORD WHARF ESTATE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2025

ALSFORD WHARF ESTATE LIMITED

REGISTERED NUMBER: 03437008

BALANCE SHEET

AS AT 30 APRIL 2025

	2025	2025	2024	2024
Note	£	£	£	£

Fixed assets
Tangible assets	4		26,832		26,832
			26,832		26,832
Current assets
Debtors: amounts falling due within one year	5	21,737		21,070
Cash at bank and in hand	6	-		48
		21,737		21,118
Creditors: amounts falling due within one year	7	(3,038)		(4,710)
Net current assets			18,699		16,408
Total assets less current liabilities			45,531		43,240

Net assets			45,531		43,240

Capital and reserves
Called up share capital	30	30
Share premium account	27,570	27,570
Profit and loss account	17,931	15,640
	45,531	43,240

Page 1

ALSFORD WHARF ESTATE LIMITED

REGISTERED NUMBER: 03437008

BALANCE SHEET (CONTINUED)

AS AT 30 APRIL 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 May 2026.

M Loddy

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

ALSFORD WHARF ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Alsford Wharf Estate 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The following principal accounting policies have been applied:

2.2

Revenue

Turnover comprises ground rent income from the tenants of Alsford Wharf, Castle Street, Berkhamstead HP4 2BG.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

ALSFORD WHARF ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Freehold property

Not depreciated

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

The company owns the reversionary freehold interest held at cost.. In the directors’ opinion the property does not qualify as an Investment Property as defined by the provisions of Section 16 of FRS 102 as the property is held for administrative purposes and ground rentals receivable are incidental to this primary purpose. Therefore the property is held on the balance sheet at cost and not depreciated.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).

Page 4

ALSFORD WHARF ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

4.	Tangible fixed assets

		Freehold property
		£
	Cost or valuation
	At 1 May 2024	26,832
	At 30 April 2025	26,832

	Net book value
	At 30 April 2025	26,832
	At 30 April 2024	26,832

The company owns the reversionary freehold interest in Alsford Wharf, Castle Street, Berkhamsted HP4 2BG which was purchased for £26,832 consideration during the period ended 30 September 1998. In the directors’ opinion the property does not qualify as an Investment Property as defined by the provisions of Section 16 of FRS 102 as the property is held for administrative purposes and ground rentals receivable are incidental to this primary purpose. Therefore the property is held on the balance sheet at cost.

Debtors

					2025	2024
					£	£


Other debtors	21,151	20,484
Prepayments and accrued income	586	586
	21,737	21,070

Included in other debtors are funds of £24,514 (2024: £20,484) which are being held in a clients bank account by the managing agents Neil Douglas Block & Estate Management.

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	-	48
	-	48

Page 5

ALSFORD WHARF ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	538	298
Other creditors	-	1,692
Accruals and deferred income	2,500	2,720
	3,038	4,710

8.	Related party transactions
	As at 30 April 2025 the service charge fund owed the company £1,106. During the year £586 of company costs were paid from the service charge fund resulting in a balance of £1,692 due to the service charge fund at 30 April 2024.

9.	Controlling party

The company is controlled by a voting majority of its shareholders and accordingly there is no controlling related party.

Page 6