REGISTERED NUMBER: 15500149 (England and Wales)

Haughmond (Shropshire) Ltd

Unaudited Financial Statements

for the Year Ended 31st January 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

Director:

T A A Leslie

Registered office:

Halidon House

17d Windmill Way West

Ramparts Business Park

Berwick Upon Tweed

Northumberland

TD15 1TB

Registered number:

15500149 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

116,184

-

Current assets

Stocks

11,814

-

Debtors

5

52,991

4,710

Cash at bank

11,719

313

76,524

5,023

Creditors

Amounts falling due within one year

6

337,685

12,583

Net current liabilities

(261,161

)

(7,560

)

Total assets less current liabilities

(144,977

)

(7,560

)

Capital and reserves

Called up share capital

1,000

1,000

Retained earnings

(145,977

)

(8,560

)

(144,977

)

(7,560

)

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

Haughmond (Shropshire) Ltd 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.

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.

Plant and machinery

-

15% on reducing balance

Office equipment

-

25% on cost

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

Stocks

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

Financial instruments

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

Trade creditors, trade debtors, intercompany 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, 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.

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.

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.

Group accounts

The company is entitled to the exemption under Section 398 of the Companies Act 2005 from the obligation to prepare group accounts.

Going concern

Due to operational issues the company ceased trading on 25 May 2026. At the date of approving these financial statements the director is considering various options for the company going forward.

3.	Employees and directors

The average number of employees during the year was 24 (2025 - NIL ) .

4.	Tangible fixed assets

Plant and

Office

machinery

equipment

Totals

£

£

£

Cost

Additions

122,237

7,259

129,496

At 31st January 2026

122,237

7,259

129,496

Depreciation

Charge for year

12,252

1,060

13,312

At 31st January 2026

12,252

1,060

13,312

Net book value

At 31st January 2026

109,985

6,199

116,184

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

106

-

Amounts owed by group undertakings

-

688

Other debtors

52,885

4,022

52,991

4,710

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Trade creditors

37,623

-

Amounts owed to group undertakings

256,613

11,135

Taxation and social security

22,174

-

Other creditors

21,275

1,448

337,685

12,583

7.	Related party disclosures

Haughmond (Shropshire) Limited is a fully owned subsidiary of Alta Asset Management Limited, Alta Asset Management is a private limited company, limited by shares, registered in England and Wales.

At 31st January 2026 a loan of £ Nil (2025 - £689) was outstanding payable to the company by Alta Asset Management Limited. This loan is unsecured, interest free and repayable on demand.

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

At 31st January 2026 a loan of £57,113 (2025 - £11,135) was outstanding payable by the company to The Potted Lobster (Abersoch) Limited, a company in the same group as Haughmond (Shropshire) Limited. This loan is unsecured, interest free and repayable on demand.

At 31st January 2026 a loan of £120,000 (2025 - Nil) was outstanding payable by the company to Alta Property Holdings Limited, a company in the same group as Haughmond (Shropshire) Limited. This loan is unsecured, interest free and repayable on demand.