| THE ANGEL (HENLEY) LIMITED |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of THE ANGEL (HENLEY) LIMITED for the year ended 31 March 2026 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of THE ANGEL (HENLEY) LIMITED for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet, the 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, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance |
| This report is made solely to the Board of Directors of THE ANGEL (HENLEY) LIMITED, as a body, in accordance with the terms of our engagement letter dated 25 May 2018. Our work has been undertaken solely to prepare for your approval the accounts of THE ANGEL (HENLEY) LIMITED and state those matters that we have agreed to state to the Board of Directors of THE ANGEL (HENLEY) LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE ANGEL (HENLEY) LIMITED and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that THE ANGEL (HENLEY) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of THE ANGEL (HENLEY) LIMITED. You consider that THE ANGEL (HENLEY) 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 accounts of THE ANGEL (HENLEY) 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 accounts. |
|
| Silverspruce |
| Chartered Accountants |
| Dawes Court House |
| Dawes Court, High Street |
| Esher |
| Surrey |
| KT10 9QD |
|
| 20 June 2026 |
|
| THE ANGEL (HENLEY) LIMITED |
| Registered number: |
05972928 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
41,362 |
|
|
50,412 |
|
| Current assets |
| Stocks |
|
|
12,891 |
|
|
12,119 |
| Debtors |
4 |
|
21,250 |
|
|
21,250 |
| Cash at bank and in hand |
|
|
550,439 |
|
|
627,627 |
|
|
|
584,580 |
|
|
660,996 |
|
| Creditors: amounts falling due within one year |
5 |
|
(94,465) |
|
|
(139,985) |
|
| Net current assets |
|
|
|
490,115 |
|
|
521,011 |
|
| Total assets less current liabilities |
|
|
|
531,477 |
|
|
571,423 |
|
|
| Provisions for liabilities |
|
|
|
(6,868) |
|
|
(9,025) |
|
|
| Net assets |
|
|
|
524,609 |
|
|
562,398 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Share premium |
|
|
|
99,900 |
|
|
99,900 |
| Profit and loss account |
|
|
|
424,609 |
|
|
462,398 |
|
| Shareholder's funds |
|
|
|
524,609 |
|
|
562,398 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| M DUNLOP |
| Director |
| Approved by the board on 20 June 2026 |
|
| THE ANGEL (HENLEY) LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods and provision of services is recognised when the goods and services have been supplied to the customer. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures and fittings |
20% on book values |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are charged to profit and loss account in the period to which they relate. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
41 |
|
37 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Fixtures and fittings |
| £ |
|
Cost |
|
At 1 April 2025 |
305,813 |
|
Additions |
1,290 |
|
At 31 March 2026 |
307,103 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
255,401 |
|
Charge for the year |
10,340 |
|
At 31 March 2026 |
265,741 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
41,362 |
|
At 31 March 2025 |
50,412 |
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Brewery deposit |
21,250 |
|
21,250 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade creditors |
29,936 |
|
27,506 |
|
Director's loan account |
|
|
|
|
2,122 |
|
1,487 |
|
Corporation tax |
|
|
|
|
16,731 |
|
64,811 |
|
Taxation and social security costs |
30,826 |
|
33,375 |
|
Accrued expenses |
14,850 |
|
12,806 |
|
|
|
|
|
|
94,465 |
|
139,985 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other financial commitments |
2026 |
|
2025 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
502,500 |
|
90,000 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
|
Dividends totalling £92750 were paid to the director during the year (2025 - £91000). |
|
|
| 8 |
Controlling party |
|
|
Throughout this and the previous period the company was under the control of Mr M Dunlop, the sole director and shareholder. |
|
|
| 9 |
Other information |
|
|
THE ANGEL (HENLEY) LIMITED is a private company limited by shares and incorporated in England. Its registered office is 17 Harwood Gardens, Old Windsor, SL4 2LJ |