Company Registration No. 02294428 (England and Wales)
ALLWORKS PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 November 2025
ALLWORKS PROPERTIES LIMITED
Unaudited accounts
Contents
ALLWORKS PROPERTIES LIMITED
Company Information
for the year ended 30 November 2025
Directors
J RIvers
J Rivers
A Robbins
M Parks
C Rivers
Company Number
02294428 (England and Wales)
Accountants
Mosaic Accounting Limited
Frensham
Blakes Hill
North Littleton
Evesham
Warwickshire
WR11 8QN
ALLWORKS PROPERTIES LIMITED
Statement of financial position
as at 30 November 2025
Tangible assets
47,701
72,688
Investment property
9,283,007
8,945,181
Cash at bank and in hand
556,740
538,052
Creditors: amounts falling due within one year
(2,371,362)
(2,385,292)
Net current liabilities
(1,534,556)
(1,210,505)
Total assets less current liabilities
7,796,152
7,807,364
Creditors: amounts falling due after more than one year
(90,000)
(90,000)
Provisions for liabilities
Deferred tax
(606,876)
(606,876)
Net assets
7,099,276
7,110,488
Called up share capital
120
120
Revaluation reserve
4,456,965
4,456,965
Profit and loss account
2,642,191
2,653,403
Shareholders' funds
7,099,276
7,110,488
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by
J Rivers
Director
Company Registration No. 02294428
ALLWORKS PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 November 2025
ALLWORKS PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02294428.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents rental income and services including the provision of accommodation , food and drink provided during the period excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
10% straight line basis
Computer equipment
25% on reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided for investment properties.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The accounts are presented in £ sterling.
ALLWORKS PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 November 2025
HIre purchase and leasing commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
7,500
109,789
486,450
603,739
At 30 November 2025
7,500
109,789
486,450
603,739
At 1 December 2024
6,499
56,167
468,385
531,051
Charge for the year
993
5,929
18,065
24,987
At 30 November 2025
7,492
62,096
486,450
556,038
At 30 November 2025
8
47,693
-
47,701
At 30 November 2024
1,001
53,622
18,065
72,688
Fair value at 1 December 2024
8,945,181
At 30 November 2025
9,283,007
Investment Properties were revalued on 30th November 2002 by Independent Professional Valuers and at the 30th November 2019 by the company's Directors on a fair value basis.
Amounts falling due within one year
Trade debtors
46,149
65,240
Accrued income and prepayments
38,335
36,750
Amounts falling due after more than one year
Other debtors
195,582
518,718
ALLWORKS PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 November 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
55,808
88,756
Taxes and social security
41,866
41,687
Other creditors
1,131,058
1,305,792
Loans from directors
998,545
896,030
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
90,000
90,000
A contingent liability exists in relation to certain land situated at the former railway goods yard off Station Road, Hatton, Warwickshire whereby the Company would be liable to 50% of the increase in the open market value of this land should a chargeable event occur.
10
Average number of employees
During the year the average number of employees was 34 (2024: 34).