REGISTERED NUMBER: 02303225 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

ADDISON LONDON LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Mason

G Mason

H Mason

Ms R Mason

SECRETARY:

P Mason

REGISTERED OFFICE:

3 The Chapmans

Tilehouse Street

Hitchin

Hertfordshire

SG5 2TS

REGISTERED NUMBER:

02303225 (England and Wales)

ACCOUNTANTS:

Mark Burrows Limited

Chartered Accountants

3 The Chapmans

Tilehouse Street

Hitchin

Hertfordshire

SG5 2TS

FIXED ASSETS

Intangible assets

4

207,061

219,241

Tangible assets

5

40,678

22,281

Investments

6

229,784

258,507

477,523

500,029

CURRENT ASSETS

Debtors

29,031

38,938

Prepayments and accrued income

25,000

26,802

Cash at bank and in hand

83,646

113,074

137,677

178,814

CREDITORS

Amounts falling due within one year

217,088

273,695

NET CURRENT LIABILITIES

(79,411

)

(94,881

)

TOTAL ASSETS LESS CURRENT LIABILITIES

398,112

405,148

CREDITORS

Amounts falling due after more than one year

(260,277

)

(269,231

)

ACCRUALS AND DEFERRED INCOME

(4,382

)

(4,273

)

NET ASSETS

133,453

131,644

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

133,353

131,544

SHAREHOLDERS' FUNDS

133,453

131,644

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 July 2026 and were signed on its behalf by:

G Mason - Director

1.	STATUTORY INFORMATION

Addison London 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.

Preparation of consolidated financial statements

The financial statements contain information about Addison London 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.

Turnover

Turnover represents net invoiced sales of services and fees, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of twenty 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.

Short leasehold

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 12 (2025 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

243,601

AMORTISATION

At 1 April 2025

24,360

Amortisation for year

12,180

At 31 March 2026

36,540

NET BOOK VALUE

At 31 March 2026

207,061

At 31 March 2025

219,241

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

90,208

Additions

48,275

Disposals

(44,940

)

At 31 March 2026

93,543

DEPRECIATION

At 1 April 2025

67,927

Charge for year

15,281

Eliminated on disposal

(30,343

)

At 31 March 2026

52,865

NET BOOK VALUE

At 31 March 2026

40,678

At 31 March 2025

22,281

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

Totals

£

COST

At 1 April 2025

38,480

Additions

44,300

Disposals

(38,480

)

At 31 March 2026

44,300

DEPRECIATION

At 1 April 2025

22,245

Charge for year

13,780

Eliminated on disposal

(24,951

)

At 31 March 2026

11,074

NET BOOK VALUE

At 31 March 2026

33,226

At 31 March 2025

16,235

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2025

258,507

Impairments

(28,723

)

At 31 March 2026

229,784

NET BOOK VALUE

At 31 March 2026

229,784

At 31 March 2025

258,507

7.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.26

31.3.25

£

£

Gross obligations repayable:

Within one year

7,594

5,454

Between one and five years

40,589

16,292

48,183

21,746

Finance charges repayable:

Within one year

2,708

1,536

Between one and five years

6,995

512

9,703

2,048

Net obligations repayable:

Within one year

4,886

3,918

Between one and five years

33,594

15,780

38,480

19,698

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

38,480

19,698

The hire purchase creditors are secured against the motor vehicles to which they relate.

9.	OTHER FINANCIAL COMMITMENTS

There were £220,716 of lease commitments as at the balance sheet date.(2025 : £368,475).