REGISTERED NUMBER: 08938132 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Aldred Developments Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

M P Aldred

A D Aldred

REGISTERED OFFICE:

10 Brookland Drive

Beeston

Nottingham

NG9 4BD

REGISTERED NUMBER:

08938132 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Alexandra House

43 Alexandra St

Nottingham

Nottinghamshire

NG5 1AY

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aldred Developments Limited for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Aldred Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aldred Developments Limited and state those matters that we have agreed to state to the Board of Directors of Aldred Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aldred Developments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Aldred Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aldred Developments Limited. You consider that Aldred Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Aldred Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Alexandra House

43 Alexandra St

Nottingham

Nottinghamshire

NG5 1AY

11 August 2026

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,819,170

1,524,980

1,819,170

1,524,980

CURRENT ASSETS

Stocks

-

307,598

Debtors

6

115,281

115,904

Cash at bank

14,421

2,678

129,702

426,180

CREDITORS

Amounts falling due within one year

7

1,184,370

1,476,395

NET CURRENT LIABILITIES

(1,054,668

)

(1,050,215

)

TOTAL ASSETS LESS CURRENT LIABILITIES

764,502

474,765

CREDITORS

Amounts falling due after more than one year

8

-

(5,000

)

PROVISIONS FOR LIABILITIES

(184,981

)

(118,692

)

NET ASSETS

579,521

351,073

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

9

562,338

337,338

Retained earnings

17,181

13,733

579,521

351,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 11 August 2026 and were signed on its behalf by:

M P Aldred - Director

1.	STATUTORY INFORMATION

Aldred Developments 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling which is the functional currency of the entity, rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and Buildings

-

2% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Stocks

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

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

50,000

AMORTISATION

At 1 April 2025

and 31 March 2026

50,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Land and

Plant and

and

Buildings

machinery

fittings

£

£

£

COST OR VALUATION

At 1 April 2025

1,541,084

13,329

50,000

Additions

-

-

-

Revaluations

258,916

-

-

At 31 March 2026

1,800,000

13,329

50,000

DEPRECIATION

At 1 April 2025

41,084

2,365

47,498

Charge for year

-

2,741

626

Eliminated on disposal

(41,084

)

-

-

At 31 March 2026

-

5,106

48,124

NET BOOK VALUE

At 31 March 2026

1,800,000

8,223

1,876

At 31 March 2025

1,500,000

10,964

2,502

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 April 2025

47,572

10,055

1,662,040

Additions

-

3,646

3,646

Revaluations

-

-

258,916

At 31 March 2026

47,572

13,701

1,924,602

DEPRECIATION

At 1 April 2025

37,803

8,310

137,060

Charge for year

4,884

1,205

9,456

Eliminated on disposal

-

-

(41,084

)

At 31 March 2026

42,687

9,515

105,432

NET BOOK VALUE

At 31 March 2026

4,885

4,186

1,819,170

At 31 March 2025

9,769

1,745

1,524,980

Cost or valuation at 31 March 2026 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2016

460,833

12,160

472,993

Valuation in 2021

1,039,167

18,902

1,058,069

Valuation in 2026

300,000

93,540

393,540

1,800,000

124,602

1,924,602

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

as restated

£

£

Trade debtors

3,000

12,000

Other debtors

112,281

103,904

115,281

115,904

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

as restated

£

£

Bank loans and overdrafts

5,000

10,000

Amounts owed to group undertakings

1,166,630

1,454,336

Taxation and social security

8,527

9,538

Other creditors

4,213

2,521

1,184,370

1,476,395

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

as restated

£

£

Bank loans

-

5,000

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

337,338

Transfer from/to other reserve

225,000

At 31 March 2026

562,338

10.	RELATED PARTY DISCLOSURES

Aldred and Aldred Ltd

A company in which Mr A Aldred and Mr M Aldred are shareholders.

Included in other creditors is an amount owed to Aldred and Aldred Limited of £1,166,630 (2025: £1,454,336). During the year services provided by Aldred and Aldred Ltd amounted to £nil (2025: £30,000).