Company No: 02822546 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	14,067		15,224
		14,067		15,224
Current assets
Stocks		84,543		91,647
Debtors	4	21,279		17,511
Cash at bank and in hand		31,638		51,527
		137,460		160,685
Creditors: amounts falling due within one year	5	( 50,374)		( 31,124)
Net current assets		87,086		129,561
Total assets less current liabilities		101,153		144,785
Net assets		101,153		144,785
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		101,053		144,685
Total shareholders' funds		101,153		144,785

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Albioncourt Limited (registered number: 02822546) were approved and authorised for issue by the Board of Directors on 27 August 2026. They were signed on its behalf by:

Jennifer Richards Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Albioncourt Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Maltravers House Petters Way, Yeovil, Somerset, BA20 1SH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	7 years straight line
Plant and machinery	25 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	15 % reducing balance
Computer equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	7		9

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£
Cost
At 01 April 2025	20,979		20,748		1,700		10,836		29,906		84,169
Additions	0		0		0		1,585		1,154		2,739
At 31 March 2026	20,979		20,748		1,700		12,421		31,060		86,908
Accumulated depreciation
At 01 April 2025	10,263		20,400		1,700		9,825		26,757		68,945
Charge for the financial year	2,997		39		0		295		565		3,896
At 31 March 2026	13,260		20,439		1,700		10,120		27,322		72,841
Net book value
At 31 March 2026	7,719		309		0		2,301		3,738		14,067
At 31 March 2025	10,716		348		0		1,011		3,149		15,224

4. Debtors

	2026		2025
	£		£
Trade debtors	21,279		16,197
Other debtors	0		1,314
	21,279		17,511

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	8,082		5,555
Other taxation and social security	23,913		19,748
Other creditors	18,379		5,821
	50,374		31,124

6. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

7. Financial commitments

Commitments

	2026		2025
	£		£
Total future minimum lease payments under non-cancellable operating leases	12,116		17,625