Lobster Alta (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12033750 (England and Wales)

Lobster Alta (Holdings) Limited

Unaudited Financial Statements

for the Year Ended 31st January 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

Directors:

R N Sim

T A A Leslie

Registered office:

Halidon House

17D Windmill Way West

Ramparts Business Park

Berwick Upon Tweed

Northumberland

TD15 1TB

Registered number:

12033750 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Investments

4

2,200

2,203

Current assets

Debtors

5

757,660

725,016

Cash at bank

55,355

-

813,015

725,016

Creditors

Amounts falling due within one year

6

11,166

21,402

Net current assets

801,849

703,614

Total assets less current liabilities

804,049

705,817

Capital and reserves

Called up share capital

914

Share premium

699,287

Retained earnings

103,848

5,616

804,049

705,817

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th July 2026 and were signed on its behalf by:

T A A Leslie - Director

R N Sim - Director

1.	Statutory information

Lobster Alta (Holdings) 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.

Preparation of consolidated financial statements

The financial statements contain information about Lobster Alta (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries and associates

Investment in subsidiary and associate undertakings are recognised at cost less impairment.

Financial instruments

The following assets and liabilities are classified as financial instruments - other loans, accruals and directors' loans.

Directors' loans (being repayable on demand), other loans and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern

The directors have considered the company's financial position for a period of 12 months and beyond from the date of signing these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

The average number of employees during the year was NIL (2025 - NIL).

4.	Fixed asset investments

Shares in

Interest

group

in

undertakings

associate

Totals

£

Cost

At 1st February 2025

2,200

3

2,203

Disposals

-

(3

)

(3

)

At 31st January 2026

2,200

-

2,200

Net book value

At 31st January 2026

2,200

-

2,200

At 31st January 2025

2,200

3

2,203

5.

Debtors: amounts falling due within one year

2026

2025

£

Amounts owed by group undertakings

57,660

25,016

Other debtors

700,000

757,660

725,016

6.

Creditors: amounts falling due within one year

2026

2025

£

Amounts owed to group undertakings

8,978

18,300

Taxation and social security

87

-

Other creditors

2,101

3,102

11,166

21,402

7.	Related party disclosures

Alta Asset Management Limited owns 78% of the shares in Lobster Alta (Holdings) Limited. Alta Asset Management Limited is a private company, limited by shares, registered in England and Wales.

At 31st January 2026 a loan of £700,000 (2025-£700,000) was outstanding payable to the company by The Whittling House Limited, a subsidiary of Lobster Alta (Holdings) Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £34,338 (2025-£25,016) was outstanding payable to the company by The Potted Lobster Limited, a subsidiary of Lobster Alta (Holdings) Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £8,978 (2024-£18,300) was outstanding payable by the company to The Whittling House Limited, a subsidiary of Lobster Alta (Holdings) Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £23,322 (2025-£ Nil) was outstanding payable to the company by Bertrams Warkworth Limited, a subsidiary of Lobster Alta (Holdings) Limited. This loan is unsecured, interest free and is repayable on demand.