Anthony Alexander Estates Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

1. General Information

Anthony Alexander Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12483659 . The registered office is 1 Wyndham House, Wentworth Road, Aldeburgh, IP15 5BB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

20% Reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

The investment property is carried at directors' valuation. The directors reviewed the market value of the property at the balance sheet date based on local market conditions and comparative property sales. In the opinion of the directors, the fair value of the property at the year end is not materially different from its carrying value, and consequently, no revaluation adjustment has been made.

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other

Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's statement of financial position when the company becomes party to the contractual provisions of the

instrument. Financial assets and liabilities are offset and the net amounts presented in the financial statements where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price

including transaction costs and are subsequently carried at amortised cost using the effective interest method unless

the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the

future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected.If an asset is impaired, the impairment loss is the difference between the carrying

impairment loss is recognised in profit or loss. If there is a decrease in the impairment loss arising from an event

occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current

...CONTINUED

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Anthony Alexander Estates Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.5. Financial Instruments - continued

carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements

entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 March 2025	88,850

As at 28 February 2026	88,850

Depreciation
As at 1 March 2025	14,808
Provided during the period	14,808

As at 28 February 2026	29,616

Net Book Value
As at 28 February 2026	59,234

As at 1 March 2025	74,042

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Anthony Alexander Estates Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Investment Property

	2026
	£
Fair Value
As at 1 March 2025 and 28 February 2026	628,014

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	15,000	-
Other debtors	55,061	9,585

	70,061	9,585

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	362	2,359
Other creditors	649,023	652,040
Taxation and social security	16,704	15,156

	666,089	669,555

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

9. Contingent Assets

The company is currently considering taking legal action to ensure that a tenant carries out the significant dilapidation

work agreed in the new lease.

10. Related Party Transactions

At the year end, the director was owed £587,023 by the company (2025: £647,607).

At the year end, the company was owed £10,633 (2025: £9,237) by the Partnership in respect of an underpaid contribution to costs of work in the Partnership property.

Share of profit/loss from the Partnership

This represents the income and expenditure from the partnership accounts for the year ending 28th February 2026 as follows:

Share of income = £42,444 (2025: £38,876)

Share of expenditure = £7,048 (2025: £4,702)

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		59,234		74,042
Investment Properties	5		628,014		628,014

			687,248		702,056
CURRENT ASSETS
Debtors	6	70,061		9,585
Cash at bank and in hand		26,913		67,531

		96,974		77,116
Creditors: Amounts Falling Due Within One Year	7	(666,089 )		(669,555 )

NET CURRENT ASSETS (LIABILITIES)			(569,115 )		(592,439 )

TOTAL ASSETS LESS CURRENT LIABILITIES			118,133		109,617

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(296 )

NET ASSETS			118,133		109,321

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			118,131		109,319

SHAREHOLDERS' FUNDS			118,133		109,321