REGISTERED NUMBER: 05954285 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Almerico Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Neilson

M Larsen

SECRETARY:

G Neilson

REGISTERED OFFICE:

Unit 6

Upton Street

Kingston upon Hull

East Yorkshire

HU8 7DA

REGISTERED NUMBER:

05954285 (England and Wales)

ACCOUNTANTS:

Andrew Cooper & Company

Chartered Accountants

650 Anlaby Road

Kingston upon Hull

East Yorkshire

HU3 6UU

FIXED ASSETS

Tangible assets

4

271,750

358,497

CURRENT ASSETS

Stocks

67,671

51,000

Debtors

5

252,943

375,143

Cash at bank and in hand

549,997

420,996

870,611

847,139

CREDITORS

Amounts falling due within one year

6

396,693

486,768

NET CURRENT ASSETS

473,918

360,371

TOTAL ASSETS LESS CURRENT LIABILITIES

745,668

718,868

CREDITORS

Amounts falling due after more than one year

7

14,711

67,228

NET ASSETS

730,957

651,640

CAPITAL AND RESERVES

Called up share capital

209

209

Capital redemption reserve

15

15

Retained earnings

730,733

651,416

SHAREHOLDERS' FUNDS

730,957

651,640

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 24 July 2026 and were signed on its behalf by:

G Neilson - Director

1.	STATUTORY INFORMATION

Almerico 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.

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

15% on cost and 10% on cost

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 22 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

19,165

621,501

640,666

Additions

-

6,675

6,675

Disposals

-

(85,381

)

(85,381

)

Transfer to ownership

-

34,159

34,159

At 31 October 2025

19,165

576,954

596,119

DEPRECIATION

At 1 November 2024

5,115

277,054

282,169

Charge for year

288

51,485

51,773

Eliminated on disposal

-

(43,732

)

(43,732

)

Transfer to ownership

-

34,159

34,159

At 31 October 2025

5,403

318,966

324,369

NET BOOK VALUE

At 31 October 2025

13,762

257,988

271,750

At 31 October 2024

14,050

344,447

358,497

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

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

177,626

DEPRECIATION

At 1 November 2024

13,193

Charge for year

12,848

Transfer to ownership

(2,277

)

At 31 October 2025

23,764

NET BOOK VALUE

At 31 October 2025

153,862

At 31 October 2024

164,433

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

252,573

374,773

Other debtors

370

370

252,943

375,143

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

450

10,000

Hire purchase contracts

32,518

42,517

Payments on account

78,387

-

Trade creditors

73,369

201,288

Taxation and social security

203,262

200,891

Other creditors

8,707

32,072

396,693

486,768

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

5,834

Hire purchase contracts

14,711

61,394

14,711

67,228

8.	ULTIMATE CONTROLLING PARTY

The controlling party is G Neilson.