REGISTERED NUMBER: 11956555 (England and Wales)

Alta Asset Management 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

7

Director:

T A A Leslie

Registered office:

Halidon House

17D Windmill Way West

Ramparts Business Park

Berwick Upon Tweed

Northumberland

TD15 1TB

Registered number:

11956555 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

1,748

2,084

Investments

5

134,652

125,687

136,400

127,771

Current assets

Debtors

6

439,476

60,280

Cash at bank

50,303

26,337

489,779

86,617

Creditors

Amounts falling due within one year

7

103,134

257,931

Net current assets/(liabilities)

386,645

(171,314

)

Total assets less current liabilities

523,045

(43,543

)

Capital and reserves

Called up share capital

3,429

2,429

Retained earnings

519,616

(45,972

)

523,045

(43,543

)

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 director acknowledges his 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 director and authorised for issue on 20th July 2026 and were signed by:

T A A Leslie - Director

1.	Statutory information

Alta Asset Management 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 Alta Asset Management 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 the total invoice value, excluding value added tax, of sales invoiced during the year, or the fair value of services provided for amounts not invoiced at the year end.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Office equipment

-

25% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Investments in subsidiaries

Investment in subsidiary undertakings are measured at cost less impairment.

Financial instruments

The following assets and liabilities are classified as financial instruments -Trade debtors, intercompany loans, trade creditors, accruals and directors' loans.

Trade debtors, intercompany loans, trade creditors, accruals and directors' loans (being repayable on demand) 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.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

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.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

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 4 (2025 - 1 ) .

4.	Tangible fixed assets

Office

equipment

£

Cost

At 1st February 2025

3,025

Additions

557

At 31st January 2026

3,582

Depreciation

At 1st February 2025

941

Charge for year

893

At 31st January 2026

1,834

Net book value

At 31st January 2026

1,748

At 31st January 2025

2,084

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1st February 2025

125,687

Additions

8,965

At 31st January 2026

134,652

Net book value

At 31st January 2026

134,652

At 31st January 2025

125,687

6.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

71,734

31,066

Amounts owed by group undertakings

365,811

18,889

Other debtors

1,931

10,325

439,476

60,280

7.

Creditors: amounts falling due within one year

2026

2025

£

£

Trade creditors

3,633

1,241

Amounts owed to group undertakings

10,893

24,037

Taxation and social security

29,016

10,848

Other creditors

59,592

221,805

103,134

257,931

8.	Secured debts

Nat West Bank PLC hold a fixed and floating charge over all the property or undertaking of the company.

9.	Related party disclosures

At 31st January 2026 a loan of £18,814 (2025-£18,814) was outstanding payable to the company by Funky Product Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £217,747 (2025-£ Nil) was outstanding payable to the company by Alta Property Holding Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £Nil (2025-£39) was outstanding payable to the company by Bite Mark Flies Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £Nil (2025-£36) was outstanding payable to the company by Fin and Game Sporting Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £44,750 (2025-£ Nil) was outstanding payable to the company by The Potted Lobster (Abersoch) Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £79,500 (2025-£ Nil) was outstanding payable to the company by Haughmond (Shropshire) Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £5,000 (2025-£ Nil) was outstanding payable to the company by Sunningdale Bamburgh Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £Nil (2025-£1,000) was outstanding payable by the company to Alta Property Holding Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £Nil (2025-£14,050) was outstanding payable by the company to The Potted Lobster (Abersoch) Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £Nil (2025-£ 1,000) was outstanding payable by the company to Sunningdale Bamburgh Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £Nil (2025-£ 688) was outstanding payable by the company to Haughmond (Shropshire) Limited. This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £8,499 (2025-£7,299) was outstanding payable by the company to The Whittling House Limited.This loan is unsecured, interest free and is repayable on demand.

At 31st January 2026 a loan of £1,200 (2025-£Nil) was outstanding payable by the company to The Potted Lobster Limited.This loan is unsecured, interest free and is repayable on demand

At 31st January 2026 a loan of £1,194 (2025-£Nil) was outstanding payable by the company to Bertrams Warkworth Limited .This loan is unsecured, interest free and is repayable on demand

During the year The Whittling House Limited paid £34,340 (2025 - £ Nil) to the company for management fees and other expenses that the company incurred on behalf of The Whittling House Limited.

During the year The Potted Lobster Limited paid £34,340 (2025 - £ Nil) to the company for management fees and other expenses that the company incurred on behalf of The Potted Lobster Limited.

During the year Bertrams Warkworth Limited paid £34,340 (2025 - £ Nil) to the company for management fees and other expenses that the company incurred on behalf of Bertrams Warkworth Limited.

10.	Post balance sheet events

Since the year end, on 3rd March 2026, an interim dividend for the year ended 31st January 2027 of £4.95 per share has been declared.