REGISTERED NUMBER: 07356075 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

ASTON ALLOYS (PROPERTIES) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S G Betts

Mrs H Betts

SECRETARY:

Mr S G Betts

REGISTERED OFFICE:

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

REGISTERED NUMBER:

07356075 (England and Wales)

ACCOUNTANTS:

Howards Limited

Chartered Certified Accountants

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

FIXED ASSETS

Tangible assets

5

452

903

Investments

6

66,440

-

Investment property

7

750,000

550,000

816,892

550,903

CURRENT ASSETS

Debtors

8

1,000

250

Prepayments and accrued income

9,871

2,922

Cash at bank

106,432

50,576

117,303

53,748

CREDITORS

Amounts falling due within one year

9

(375,602

)

(90,052

)

NET CURRENT LIABILITIES

(258,299

)

(36,304

)

TOTAL ASSETS LESS CURRENT LIABILITIES

558,593

514,599

CREDITORS

Amounts falling due after more than one year

10

(9,008

)

(18,023

)

PROVISIONS FOR LIABILITIES

(113

)

(34,794

)

ACCRUALS AND DEFERRED INCOME

(1,427

)

(1,260

)

NET ASSETS

548,045

460,522

CAPITAL AND RESERVES

Called up share capital

12

2

2

Fair value reserve

158,679

158,679

Retained earnings

389,364

301,841

SHAREHOLDERS' FUNDS

548,045

460,522

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 3 September 2026 and were signed on its behalf by:

Mr S G Betts - Director

Mrs H Betts - Director

1.	STATUTORY INFORMATION

Aston Alloys (Properties) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07356075 and the registered office address is Newport House, Newport Road, Stafford, Staffordshire, ST16 1DA.

The principal activity of the company is that of asset management.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention

Functional currency

The financial statements are prepared in sterling (£). The functional currency of the company is sterling (£).

Significant judgements and estimates

In determining and applying accounting policies, judgement is often required in respect of items where the choice of specific policy, accounting estimate or assumption to be followed could materially affect the reported results or net asset position of the company; it may later be determined that a different choice would have been more appropriate. Management considers that certain accounting estimates and assumptions relating to revenue, taxation, tangible fixed assets, provisions and contingent liabilities and accruals are its critical accounting estimates.

Income

Income relates to rental premiums received in respect of commercial property owned by the company and is recognised in the period to which the rentals relate.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Investment property

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured are valued at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss in the period in which they arise.

Investment properties whose fair value cannot be measured reliably without undue cost or effort on an ongoing basis are included in plant, property and equipment at cost less accumulated depreciation and accumulated impairment losses.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an 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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

Investments

Other investments are watches that are held for investment purposes, which are collectibles. These are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss with any gain or loss being transferred to a fair value reserve where their value can be measured reliably.

Where a gain is realised upon sale of the investments, a transfer from the non-distributable fair value reserve is made to retained earnings.

Trade receivables

Trade receivables are initially recognised at fair value and are subsequently measured at amortised cost less any provision for bad and doubtful debts.

Trade payables

Trade payables 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 payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Impairment of non financial assets

At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

Inventories are also assessed for impairment at each reporting date. The carrying amount of each item of inventory, or group of similar items, is compared with its selling price less costs to complete and sell. If an item of inventory or group of similar items is impaired, its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

Going concern

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 the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

The directors of the company have reported a healthy profit for the year. The company continues to be cash generative and continues to meet its obligations as they fall due.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Improvements

to

property

£

COST

At 1 June 2025

and 31 May 2026

2,259

DEPRECIATION

At 1 June 2025

1,356

Charge for year

451

At 31 May 2026

1,807

NET BOOK VALUE

At 31 May 2026

452

At 31 May 2025

903

6.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2026

2025

£

£

Other Investments Additions

66,440

-

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

550,000

Additions

200,000

At 31 May 2026

750,000

NET BOOK VALUE

At 31 May 2026

750,000

At 31 May 2025

550,000

Fair value at 31 May 2026 is represented by:

£

Valuation in 2018

15,000

Valuation in 2019

15,000

Valuation in 2021

58,494

Valuation in 2023

30,000

Valuation in 2025

43,183

Cost

588,323

750,000

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

388,323

215,310

Aggregate depreciation

21,000

21,000

Investment property was valued on a best estimate basis on 31 May 2025 by the directors .

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,000

250

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

8,216

7,868

Taxation and social security

17,514

11,535

Other creditors

349,872

70,649

375,602

90,052

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

9,008

18,023

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

17,224

25,891

There exists a charge against one of the investment properties in favour of the bank dated 30/01/2014, incorporating both fixed and floating charges.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

13.	RELATED PARTY DISCLOSURES

At 31st May 2026, there was an interest free loan due to Aston Alloys Ltd of £348,951 (2025: £69,728). Aston Alloys Ltd is a sister company of Aston Alloys Properties Ltd.

There was also an interest free loan due to Aston Alloys Holdings Ltd of £921 (2025: £nil). Aston Alloys Holdings Ltd is the parent company of Aston Alloys Properties Ltd and Aston Alloys Ltd, owning 100% of the share capital of both companies.

Aston Alloys (Properties) Limited receives commercial rent from Aston Alloys Limited of £82,500 per annum.

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Aston Alloys Holdings Ltd.

Aston Alloys Holdings Limited registered office is: Newport House, Newport Road, Stafford, ST16 1DA. It is a company incorporated in England and Wales.

15.	GROUP RESTRUCTURE

During the year the group underwent a corporate reorganisation resulting in the formation of a new holding company structure. Aston Alloys Holdings Limited was created, which is now the parent company of the group and owns Aston Alloys Limited and Aston Alloys (Properties) Limited. The parent company was created through a share for share exchange agreement with the previous shareholders.

All investment property and investment items held previously by Aston Alloys Limited has been transferred to Aston Alloys (Properties) Limited as part of this restructuring process.