REGISTERED NUMBER: 05582369 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

ALTON MORTGAGES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R E Alton

G L Alton

SECRETARY:

R E Alton

REGISTERED OFFICE:

The Woodlands

6 Bramble Drive

Maidenhead

Berkshire

SL6 3NX

REGISTERED NUMBER:

05582369 (England and Wales)

ACCOUNTANTS:

Landers Accountants Ltd

Church View Chambers

38 Market Square

Toddington

Bedfordshire

LU5 6BS

FIXED ASSETS

Intangible assets

4

2,994

5,562

Property, plant and equipment

5

85,280

113,095

88,274

118,657

CURRENT ASSETS

Debtors

6

649,255

568,824

Cash at bank

666,613

645,583

1,315,868

1,214,407

CREDITORS

Amounts falling due within one year

7

112,055

110,475

NET CURRENT ASSETS

1,203,813

1,103,932

TOTAL ASSETS LESS CURRENT LIABILITIES

1,292,087

1,222,589

CREDITORS

Amounts falling due after more than one year

8

(75,355

)

(92,287

)

PROVISIONS FOR LIABILITIES

(20,925

)

(26,598

)

NET ASSETS

1,195,807

1,103,704

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,195,805

1,103,702

1,195,807

1,103,704

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 and authorised for issue by the Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by:

R E Alton - Director

1.	STATUTORY INFORMATION

Alton Mortgages Limited is a private company, limited by shares, registered in England Wales. The company's registered office address is The Woodlands, 6 Bramble Drive, Maidenhead, Berkshire, SL6 3NX.

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.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

33% on reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

10,268

AMORTISATION

At 1 April 2025

4,706

Charge for year

2,568

At 31 March 2026

7,274

NET BOOK VALUE

At 31 March 2026

2,994

At 31 March 2025

5,562

5.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 April 2025

3,790

329

32,495

Additions

-

-

4,541

At 31 March 2026

3,790

329

37,036

DEPRECIATION

At 1 April 2025

2,274

230

29,774

Charge for year

606

66

2,531

At 31 March 2026

2,880

296

32,305

NET BOOK VALUE

At 31 March 2026

910

33

4,731

At 31 March 2025

1,516

99

2,721

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

8,814

146,763

192,191

Additions

224

-

4,765

At 31 March 2026

9,038

146,763

196,956

DEPRECIATION

At 1 April 2025

8,482

38,336

79,096

Charge for year

259

29,118

32,580

At 31 March 2026

8,741

67,454

111,676

NET BOOK VALUE

At 31 March 2026

297

79,309

85,280

At 31 March 2025

332

108,427

113,095

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Amounts owed by group undertakings

643,845

563,845

Prepayments

5,410

4,979

649,255

568,824

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 9)

16,933

16,459

Trade creditors

-

38

Tax

68,419

63,068

Social security and other taxes

7,200

6,292

Pension

1,020

923

Other creditors

7,760

7,745

Directors' current accounts

42

624

Accruals and deferred income

10,681

15,326

112,055

110,475

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 9)

75,355

92,287

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

16,933

16,459

Between one and five years

75,355

92,287

92,288

108,746

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

38,100

38,100

Between one and five years

-

38,100

38,100

76,200

10.	RELATED PARTY DISCLOSURES

During the year, the company made advances of £80,000 (2025: £NIL) to Alton Assets Limited, a company in which a director has a controlling interest.

The loans were interest free and repayable on demand.