REGISTERED NUMBER: 06854994 (England and Wales)

ADLINGTON LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R P Adlington

Mrs J C Adlington

REGISTERED OFFICE:

Pheasant Oak Farm

Hob Lane

Balsall Common

CV7 7GX

REGISTERED NUMBER:

06854994 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

112,176

132,063

112,176

132,063

CURRENT ASSETS

Stocks

127,063

117,364

Debtors

6

369,121

318,115

Cash at bank and in hand

125,688

150,588

621,872

586,067

CREDITORS

Amounts falling due within one year

7

430,961

395,731

NET CURRENT ASSETS

190,911

190,336

TOTAL ASSETS LESS CURRENT LIABILITIES

303,087

322,399

CREDITORS

Amounts falling due after more than one year

8

-

(2,190

)

PROVISIONS FOR LIABILITIES

(28,044

)

(32,471

)

NET ASSETS

275,043

287,738

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

275,041

287,736

SHAREHOLDERS' FUNDS

275,043

287,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

R P Adlington - Director

1.	STATUTORY INFORMATION

Adlington 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.

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

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognized when the products are delivered to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 19 (2025 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

145,000

AMORTISATION

At 1 April 2025

and 31 March 2026

145,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

and 31 March 2026

62,171

524,998

19,011

DEPRECIATION

At 1 April 2025

55,436

402,014

17,550

Charge for year

1,010

18,448

219

At 31 March 2026

56,446

420,462

17,769

NET BOOK VALUE

At 31 March 2026

5,725

104,536

1,242

At 31 March 2025

6,735

122,984

1,461

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

7,384

11,089

624,653

DEPRECIATION

At 1 April 2025

7,163

10,427

492,590

Charge for year

44

166

19,887

At 31 March 2026

7,207

10,593

512,477

NET BOOK VALUE

At 31 March 2026

177

496

112,176

At 31 March 2025

221

662

132,063

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2025

and 31 March 2026

26,450

DEPRECIATION

At 1 April 2025

10,206

Charge for year

2,437

At 31 March 2026

12,643

NET BOOK VALUE

At 31 March 2026

13,807

At 31 March 2025

16,244

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

348,894

297,066

Amounts owed by associates

7,613

8,321

Other debtors

12,614

12,728

369,121

318,115

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

-

10,000

Hire purchase contracts (see note 9)

1,980

7,922

Trade creditors

382,101

313,547

Taxation and social security

12,146

41,722

Other creditors

34,734

22,540

430,961

395,731

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans

-

2,190

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31/3/26

31/3/25

£

£

Net obligations repayable:

Within one year

1,980

7,922

Non-cancellable

operating leases

31/3/26

31/3/25

£

£

Within one year

64,896

64,896

Between one and five years

63,544

128,440

128,440

193,336