REGISTERED NUMBER: 05703119 (England and Wales)

Financial Statements

for the Year Ended 31st October 2025

for

ADVANCED PRESERVATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs N Bulley

P Reay

C Reay

N R Wells

SECRETARY:

Mrs L K Reay

REGISTERED OFFICE:

2 Station Approach

Ash Vale

Hampshire

GU12 5LP

REGISTERED NUMBER:

05703119 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

FIXED ASSETS

Intangible assets

4

72,000

84,000

Tangible assets

5

122,047

162,919

194,047

246,919

CURRENT ASSETS

Stocks

6

31,423

25,868

Debtors

7

112,038

284,117

Cash at bank and in hand

496,361

539,776

639,822

849,761

CREDITORS

Amounts falling due within one year

8

645,559

819,499

NET CURRENT (LIABILITIES)/ASSETS

(5,737

)

30,262

TOTAL ASSETS LESS CURRENT LIABILITIES

188,310

277,181

CREDITORS

Amounts falling due after more than one year

9

(14,871

)

(57,773

)

PROVISIONS FOR LIABILITIES

(25,083

)

(34,914

)

NET ASSETS

148,356

184,494

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

148,256

184,394

SHAREHOLDERS' FUNDS

148,356

184,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 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 9th July 2026 and were signed on its behalf by:

P Reay - Director

1.	STATUTORY INFORMATION

Advanced Preservations 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 NIL (2024 - 26 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st November 2024

and 31st October 2025

180,000

AMORTISATION

At 1st November 2024

96,000

Amortisation for year

12,000

At 31st October 2025

108,000

NET BOOK VALUE

At 31st October 2025

72,000

At 31st October 2024

84,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st November 2024

14,876

13,674

55,263

399,250

483,063

Additions

-

7,448

575

-

8,023

Disposals

-

-

-

(34,064

)

(34,064

)

At 31st October 2025

14,876

21,122

55,838

365,186

457,022

DEPRECIATION

At 1st November 2024

8,578

10,603

44,536

256,427

320,144

Charge for year

630

2,629

2,826

33,327

39,412

Eliminated on disposal

-

-

-

(24,581

)

(24,581

)

At 31st October 2025

9,208

13,232

47,362

265,173

334,975

NET BOOK VALUE

At 31st October 2025

5,668

7,890

8,476

100,013

122,047

At 31st October 2024

6,298

3,071

10,727

142,823

162,919

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

Motor

vehicles

£

COST

At 1st November 2024

254,692

Disposals

(34,064

)

At 31st October 2025

220,628

DEPRECIATION

At 1st November 2024

149,618

Charge for year

23,898

Eliminated on disposal

(24,581

)

At 31st October 2025

148,935

NET BOOK VALUE

At 31st October 2025

71,693

At 31st October 2024

105,074

6.

STOCKS

31/10/25

31/10/24

£

£

Stocks

14,606

11,992

Work-in-progress

16,817

13,876

31,423

25,868

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

100,406

142,620

Provision for bad debts

(12,000

)

-

Other debtors

10,000

13,000

Directors' current accounts

-

123,084

Prepayments

13,632

5,413

112,038

284,117

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

20,238

38,861

Trade creditors

180,746

163,354

Tax

50,919

43,876

Social security and other taxes

39,985

37,946

VAT

51,136

53,602

Other creditors

269,715

425,444

Directors' current accounts

6,000

6,000

Accruals and deferred income

20,000

20,000

Accrued expenses

6,820

30,416

645,559

819,499

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

14,871

57,773

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

25

Ordinary A

£1

20

20

25

Ordinary B

£1

20

20

25

Ordinary C

£1

20

20

60

60

Allotted and issued:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

25

Ordinary

£1

40

40

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2025 and 31st October 2024:

31/10/25

31/10/24

£

£

P Reay

Balance outstanding at start of year

123,084

-

Amounts advanced

917

123,084

Amounts repaid

(110,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,001

123,084

12.	ULTIMATE CONTROLLING PARTY

The company is under the control of the board of directors.