IRIS Accounts Production v26.2.0.496 09818823 Board of Directors 1.11.24 31.10.25 31.10.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09818823 2024-10-31 09818823 2025-10-31 09818823 2024-11-01 2025-10-31 09818823 2023-10-31 09818823 2023-11-01 2024-10-31 09818823 2024-10-31 09818823 ns15:EnglandWales 2024-11-01 2025-10-31 09818823 ns14:PoundSterling 2024-11-01 2025-10-31 09818823 ns10:Director1 2024-11-01 2025-10-31 09818823 ns10:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09818823 ns10:SmallEntities 2024-11-01 2025-10-31 09818823 ns10:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 09818823 ns10:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-10-31 09818823 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 09818823 ns10:FullAccounts 2024-11-01 2025-10-31 09818823 ns10:Director2 2024-11-01 2025-10-31 09818823 ns10:RegisteredOffice 2024-11-01 2025-10-31 09818823 ns5:CurrentFinancialInstruments 2025-10-31 09818823 ns5:CurrentFinancialInstruments 2024-10-31 09818823 ns5:ShareCapital 2025-10-31 09818823 ns5:ShareCapital 2024-10-31 09818823 ns5:FurtherSpecificReserve2ComponentTotalEquity 2025-10-31 09818823 ns5:FurtherSpecificReserve2ComponentTotalEquity 2024-10-31 09818823 ns5:RetainedEarningsAccumulatedLosses 2025-10-31 09818823 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 09818823 ns5:PlantMachinery 2024-10-31 09818823 ns5:PlantMachinery 2024-11-01 2025-10-31 09818823 ns5:PlantMachinery 2025-10-31 09818823 ns5:PlantMachinery 2024-10-31 09818823 ns5:CostValuation 2024-10-31 09818823 ns5:AdditionsToInvestments 2025-10-31 09818823 ns5:DisposalsRepaymentsInvestments 2025-10-31 09818823 ns5:CostValuation 2025-10-31 09818823 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-10-31 09818823 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31 09818823 ns10:Director1 1 2024-10-31 09818823 ns10:Director1 1 2023-10-31 09818823 ns10:Director1 1 2024-11-01 2025-10-31 09818823 ns10:Director1 1 2023-11-01 2024-10-31 09818823 ns10:Director1 1 2025-10-31 09818823 ns10:Director1 1 2024-10-31

REGISTERED NUMBER: 09818823 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

ALBANY INVESTMENT LIMITED

ALBANY INVESTMENT LIMITED (REGISTERED NUMBER: 09818823)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

ALBANY INVESTMENT LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTORS: | H Gittelmon

| A M Smith

| REGISTERED OFFICE: | 25 Eccleston Place

| London

| SW1W 9NF

| REGISTERED NUMBER: | 09818823 (England and Wales)

| ACCOUNTANTS: | Banks Cooper Associates Limited

| 21 Marina Court

| Castle Street

| Hull

| HU1 1TJ

ALBANY INVESTMENT LIMITED (REGISTERED NUMBER: 09818823)

BALANCE SHEET

31 OCTOBER 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,022 |  | 1,407 |  |

Investments | 5 | 2 |  | 15 |  |

1,024 |  | 1,422 |  |

CURRENT ASSETS

Debtors | 6 | 212,938 |  | 112,172 |  |

Cash at bank | 4,951 |  | 1,589 |  |

217,889 |  | 113,761 |  |

CREDITORS

Amounts falling due within one year | 7 | 471,094 |  | 388,570 |  |

NET CURRENT LIABILITIES | (253,205 | ) | (274,809 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (252,181 | ) | (273,387 | ) |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Other reserves | 516 |  | 516 |  |

Retained earnings | (253,697 | ) | (274,903 | ) |

(252,181 | ) | (273,387 | ) |

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 26 August 2026 and were signed on its behalf by:

A M Smith - Director

ALBANY INVESTMENT LIMITED (REGISTERED NUMBER: 09818823)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Albany Investment 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.

| Going concern

| These financial statements have been prepared under the going concern principle. The company is reliant on the continued support of its shareholders and creditors, which the directors are confident will continue to be provided. In making their assessment of going concern, the directors have also considered forecasts for the business and economic factors which poses risks to businesses generally. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least one year from the date of approval. Accordingly, the going concern basis is considered appropriate.

| Preparation of consolidated financial statements

| The financial statements contain information about Albany Investment Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| 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.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Financial instruments

| Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.

| Financial liabilities are offset, with net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

ALBANY INVESTMENT LIMITED (REGISTERED NUMBER: 09818823)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

2. | ACCOUNTING POLICIES - continued

| Basic financial assets

| Basic financial assets, which includes 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.

| Other financial assets

| Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

| Impairment of financial assets

| Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

| Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

| If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the Company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Other financial liabilities

| Derivatives are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when the Company’s contractual obligations expire or are discharged or cancelled.

ALBANY INVESTMENT LIMITED (REGISTERED NUMBER: 09818823)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 4,018 |  |

| DEPRECIATION

| At 1 November 2024 | 2,611 |  |

| Charge for year | 385 |  |

| At 31 October 2025 | 2,996 |  |

| NET BOOK VALUE

| At 31 October 2025 | 1,022 |  |

| At 31 October 2024 | 1,407 |  |

ALBANY INVESTMENT LIMITED (REGISTERED NUMBER: 09818823)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

5. | FIXED ASSET INVESTMENTS

| Shares in |

| group |  | Other |

| undertakings |  | investments |  | Totals

£ | £ | £ |

| COST

| At 1 November 2024 | 1 |  | 14 |  | 15 |  |

| Additions | - |  | 1 |  | 1 |  |

| Disposals | - |  | (14 | ) | (14 | ) |

| At 31 October 2025 | 1 |  | 1 |  | 2 |  |

| NET BOOK VALUE

| At 31 October 2025 | 1 |  | 1 |  | 2 |  |

| At 31 October 2024 | 1 |  | 14 |  | 15 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade debtors | 10,200 |  | 15,000 |  |

| Amounts owed by group undertakings | 3,000 |  | 3,000 |  |

| Other debtors | 199,738 |  | 94,172 |  |

212,938 |  | 112,172 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans and overdrafts | 22,108 |  | 22,741 |  |

| Trade creditors | 8,000 |  | 8,165 |  |

| Taxation and social security | 100,250 |  | 52,921 |  |

| Other creditors | 340,736 |  | 304,743 |  |

471,094 |  | 388,570 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

| 31.10.25 |  | 31.10.24

£ | £ |

| A M Smith

| Balance outstanding at start of year | 67,072 |  | 80 |  |

| Amounts advanced | 59,835 |  | 68,000 |  |

| Amounts repaid | - |  | (1,008 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 126,907 |  | 67,072 |  |

| The loan is interest free and is repayable on demand.