1 January 2025 false Taxfiler 2024.6 15273843business:PrivateLimitedCompanyLtd2025-01-012025-12-31 152738432024-12-31 152738432025-01-012025-12-31 15273843business:AuditExemptWithAccountantsReport2025-01-012025-12-31 15273843business:FilletedAccounts2025-01-012025-12-31 152738432025-12-31 15273843business:Director12025-01-012025-12-31 15273843business:Director22025-01-012025-12-31 15273843business:RegisteredOffice2025-01-012025-12-31 152738432024-12-31 15273843core:WithinOneYear2025-12-31 15273843core:WithinOneYear2024-12-31 15273843core:AfterOneYear2025-12-31 15273843core:AfterOneYear2024-12-31 15273843core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 15273843core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 15273843core:RevaluationReservecore:PreviouslyStatedAmount2025-12-31 15273843core:RevaluationReservecore:PreviouslyStatedAmount2024-12-31 15273843core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 15273843core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 15273843core:PreviouslyStatedAmount2025-12-31 15273843core:PreviouslyStatedAmount2024-12-31 15273843business:SmallEntities2025-01-012025-12-31 15273843countries:EnglandWales2025-01-012025-12-31 15273843core:MoreThanFiveYears2025-12-31 15273843core:MoreThanFiveYears2024-12-31 15273843core:AfterOneYear2025-01-012025-12-31 15273843core:AcceleratedTaxDepreciationDeferredTax2025-12-31 15273843core:AcceleratedTaxDepreciationDeferredTax2024-12-31 15273843core:RevaluationInvestmentPropertyDeferredTax2025-12-31 15273843core:RevaluationInvestmentPropertyDeferredTax2024-12-31 15273843core:TaxLossesCarry-forwardsDeferredTax2025-12-31 15273843core:TaxLossesCarry-forwardsDeferredTax2024-12-31 152738432023-11-102024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 15273843 (England and Wales)
35 Albert Rd Ltd Unaudited accounts for the year ended 31 December 2025
35 Albert Rd Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
35 Albert Rd Ltd Company Information for the year ended 31 December 2025
Directors
Christopher John Henry Christopher Paton
Company Number
15273843 (England and Wales)
Registered Office
40 WARTON TERRACE NEWCASTLE UPON TYNE TYNE AND WEAR NE6 5LS ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited 167-169 Great Portland Street 5th Floor London W1W 5PF
- 3 -
35 Albert Rd Ltd Accountants' report
Accountants' report to the board of directors of 35 Albert Rd Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 35 Albert Rd Ltd for the year ended 31 December 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 35 Albert Rd Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 35 Albert Rd Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 35 Albert Rd Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 35 Albert Rd Ltd 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 35 Albert Rd Ltd. You consider that 35 Albert Rd Ltd 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 35 Albert Rd Ltd. 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.
RAE Business Services (Yorkshire) Limited 167-169 Great Portland Street 5th Floor London W1W 5PF 13 August 2026
- 4 -
35 Albert Rd Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
2,150,000 
- 
Investments
5
12 
12 
2,150,012 
12 
Current assets
Debtors
6
15,124 
- 
Cash at bank and in hand
6,865 
153 
21,989 
153 
Creditors: amounts falling due within one year
7
(154,751)
(869)
Net current liabilities
(132,762)
(716)
Total assets less current liabilities
2,017,250 
(704)
Creditors: amounts falling due after more than one year
8
(1,644,750)
- 
Provisions for liabilities
Deferred tax
9
(93,183)
- 
Net assets/(liabilities)
279,317 
(704)
Capital and reserves
Called up share capital
12 
12 
Revaluation reserve
455,026 
- 
Profit and loss account
(175,721)
(716)
Shareholders' funds
279,317 
(704)
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by
Christopher John Henry Director Company Registration No. 15273843
- 5 -
35 Albert Rd Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
35 Albert Rd Ltd is a private company, limited by shares, registered in England and Wales, registration number 15273843. The registered office is 40 WARTON TERRACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 5LS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025 
£ 
Additions
1,543,299 
Net gain from fair value adjustments
606,701 
At 31 December 2025
2,150,000 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2025
12 
Valuation at 31 December 2025
12 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
15,124 
- 
- 6 -
35 Albert Rd Ltd Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
69,009 
509 
Other creditors
84,722 
- 
Accruals
1,020 
360 
154,751 
869 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,644,750 
- 
Aggregate of amounts that fall due for payment after five years
1,644,750 
- 
Included in long term creditors is a bank loan secured on the investment property. A personal guarantee has been provided.
9
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
(53,751)
- 
Revaluation of investment property
151,675 
- 
Tax losses carried forward
(4,741)
- 
93,183 
- 
2025 
2024 
£ 
£ 
Charged to the profit and loss account
93,183 
- 
Provision at end of year
93,183 
- 
10
Transactions with related parties
Included in current liabilities are interest-free loans from related parties of £84,722 (2024 - nil). Interest charged on group company loans amounted to £211,520 for the year (2024 - nil).
11
Controlling party
Aspire Group Holdings Ltd 40 Warton Terrace Newcastle upon Tyne Tyne and Wear NE6 5LS
12
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 7 -