Aldcrest Limited 01142248 false 2024-11-01 2025-10-31 2025-10-31 The principal activity of the company is wholesale of textiles Digita Accounts Production Advanced 6.30.9574.0 true true 01142248 2024-11-01 2025-10-31 01142248 2025-10-31 01142248 core:CurrentFinancialInstruments 2025-10-31 01142248 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 01142248 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 01142248 bus:SmallEntities 2024-11-01 2025-10-31 01142248 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 01142248 bus:AbridgedAccounts 2024-11-01 2025-10-31 01142248 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 01142248 bus:RegisteredOffice 2024-11-01 2025-10-31 01142248 bus:Director1 2024-11-01 2025-10-31 01142248 bus:Director2 2024-11-01 2025-10-31 01142248 bus:Director3 2024-11-01 2025-10-31 01142248 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 01142248 bus:Agent1 2024-11-01 2025-10-31 01142248 countries:EnglandWales 2024-11-01 2025-10-31 01142248 2023-11-01 2024-10-31 01142248 2024-10-31 01142248 core:CurrentFinancialInstruments 2024-10-31 01142248 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 01142248 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 iso4217:GBP xbrli:pure

Registration number: 01142248

Aldcrest Limited
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 31 October 2025

Aldcrest Limited

Contents

Company Information | 1
Accountants' Report | 2
Abridged Balance Sheet | 3 to 4
Notes to the Unaudited Abridged Financial Statements | 5 to 8

Aldcrest Limited

Company Information

Directors | Mrs R Gupta Ms Simta Gupta Mrs Sonia Sabharwal

Registered office | 15 Longwood Gardens Clayhall Ilford Essex IG5 0EB

Accountants | SDT Accounting and Taxation Services Ltd Chartered Certified Accountant26 Beechwood Avenue Chatham Kent ME5 7HH

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Aldcrest Limited
for the Year Ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aldcrest Limited for the year ended 31 October 2025 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Aldcrest Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Aldcrest Limited and state those matters that we have agreed to state to the Board of Directors of Aldcrest Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aldcrest Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Aldcrest Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Aldcrest Limited. You consider that Aldcrest Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Aldcrest Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

SDT Accounting and Taxation Services Ltd
Chartered Certified Accountant
26 Beechwood Avenue
Chatham
Kent
ME5 7HH

15 June 2026

Aldcrest Limited

(Registration number: 01142248)
Abridged Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Stocks | 4 | 5,000 | 14,999
Debtors |  | 5,962 | 1
Cash at bank and in hand |  | 2,586 | 4,079
|  | 13,548 | 19,079
Creditors: Amounts falling due within one year |  | (63,886) | (53,171)
Total assets less current liabilities |  | (50,338) | (34,092)
Creditors: Amounts falling due after more than one year |  | (8,530) | (14,441)
Accruals and deferred income |  | (750) | (750)
Net liabilities |  | (59,618) | (49,283)
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | (59,620) | (49,285)
Shareholders' deficit |  | (59,618) | (49,283)

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Aldcrest Limited

(Registration number: 01142248)
Abridged Balance Sheet as at 31 October 2025

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 16 June 2026 and signed on its behalf by:

Mrs R Gupta Director |  |

Aldcrest Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
15 Longwood Gardens
Clayhall
Ilford
Essex
IG5 0EB
England

These financial statements were authorised for issue by the Board on 16 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Aldcrest Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Aldcrest Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4 | Stocks

| 2025 £ | 2024 £
Other inventories | 5,000 | 14,999

Aldcrest Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

5 | Related party transactions

Included in other creditors, there is a directors's loan account balance of £59,484 (2024: £49,234).