Albany Group International Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05993707 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ALBANY GROUP INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Griffiths

A N Richards

REGISTERED OFFICE:

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

REGISTERED NUMBER:

05993707 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Intangible assets

4

2,650,009

Tangible assets

5

2,791

4,390

2,652,800

2,654,399

CURRENT ASSETS

Debtors

6

407,349

446,757

Cash at bank

5,273

19,463

412,622

466,220

CREDITORS

Amounts falling due within one year

7

483,275

475,634

NET CURRENT LIABILITIES

(70,653

)

(9,414

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,582,147

2,644,985

CREDITORS

Amounts falling due after more than one
year

8

-

28,946

NET ASSETS

2,582,147

2,616,039

CAPITAL AND RESERVES

Called up and paid share capital

1,040

Share premium

249,759

Retained earnings

2,331,348

2,365,240

2,582,147

2,616,039

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2026 and were signed on its behalf by:

S J Griffiths - Director

A N Richards - Director

1.	STATUTORY INFORMATION

Albany Group International 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Development costs

These are included in the accounts at cost, and there is no amortisation on these, as there is no defined lifetime on these costs currently.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Financial instruments

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

2,650,009

NET BOOK VALUE

At 31 December 2025

2,650,009

At 31 December 2024

2,650,009

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

54,405

DEPRECIATION

At 1 January 2025

50,015

Charge for year

1,599

At 31 December 2025

51,614

NET BOOK VALUE

At 31 December 2025

2,791

At 31 December 2024

4,390

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

204,888

176,160

Other debtors

202,461

270,597

407,349

446,757

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

74,090

85,063

Trade creditors

127,489

195,861

Taxation and social security

177,206

88,723

Other creditors

104,490

105,987

483,275

475,634

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

-

28,946

9.	SECURED DEBTS

Iwoca Skye Finance Ltd has a fixed and floating charge over the assets of the Company.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

S J Griffiths

Balance outstanding at start of year

108,969

-

Amounts advanced

93,822

108,969

Amounts repaid

(108,969

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

93,822

108,969

A N Richards

Balance outstanding at start of year

42,980

-

Amounts advanced

32,096

42,980

Amounts repaid

(42,980

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

32,096

42,980