Registration number:
for the
Year Ended 31 March 2026
Allerton Group Limited
Contents
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Company Information |
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Strategic Report |
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Directors' Report |
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Statement of Directors' Responsibilities |
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Independent Auditor's Report |
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Consolidated Profit and Loss Account |
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Consolidated Balance Sheet |
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Balance Sheet |
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Consolidated Statement of Changes in Equity |
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Statement of Changes in Equity |
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Consolidated Statement of Cash Flows |
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Notes to the Financial Statements |
Allerton Group Limited
Company Information
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Directors |
K Y Dodia J T Turk |
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Registered office |
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Auditors |
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Allerton Group Limited
Strategic Report for the Year Ended 31 March 2026
The directors present their strategic report for the year ended 31 March 2026.
Principal activity
The company's principal activity is the provision of care and support to vulnerable adults through its subsidiary companies which are registered with the regulator the 'Care Quality Commission' (CQC).
Fair review of the business
The results for the year, which are set out in the profit and loss account, show turnover of £15,031,101 (2025 - £15,248,957) and an operating profit before exceptional items of £1,770,911 (2025 - £612,420). At 31 March 2026, the group had net assets of £706,884 (2025 - £10,584,308). The directors consider the performance for the year and the financial position at the year end to be satisfactory.
Allerton Group Limited considers management of resources within budget, staff recruitment and retention, training and development activities delivered, utilisation of assets, the results of internal and external audits, the management of cash and financial sustainability as main performance indicators.
The company considers a series of operational key performance indicators related to care and support compliance and management of staff; the health and safety of staff; the people we support; and the public across all of our activities; the management of all activities and risks related to the people we support through their care and support plans; contract monitoring and compliance with our local authority and NHS customers; the delivery of contracted hours of care and support; the management of occupancy levels with our partner social housing providers; our insurance risks and claims; the results from our own internal inspections, local authority and NHS inspections and Care Quality Commission (CQC) inspections.
Principal risks and uncertainties
The principal risks and uncertainties that Allerton Group Limited is facing are generated by the business uncertainties resulting from political instability at both national and local level, changes in Government policy and law regarding employment and immigration and the changes in fiscal policy which do not support economic or business growth; supporting subsidiary undertakings for care and support to help address these challenges and to overcome the national and local shortages of care and support staff in the domestic market with the intense competition for staff in each subsidiary undertaking; the availability and affordability of skilled overseas workers already located in the UK; the increased resource required to meet the increasing regulatory burden and regulatory compliance; the strain on Local Authorities and the NHS budgets to pay for adult social care; the increased costs and potential reduction in irregular hours working resulting from the Employment Rights Act 2025 that are needed to deliver flexible, person-centred services to the people we support and our Local Authority and NHS customers that meet their needs; the spill over impact on our housing partners from the Renters Right Act 2025; the increased business costs from both the Government's Budgets of October 2024 and November 2025; and the potential for further business tax increases in the coming years.
These risks were addressed by an intensive survival cost cutting exercise called ‘Operation Chancellor’ which reviewed every supplier cost and employment cost starting in Q3 of Financial Year 2024/25 with implementation through Q4 of that year and Q1 of this 2025/26 Financial Year. Supplier contracts were re-negotiated, terminated or switched to alternative more cost-effective suppliers. The required CQC regulatory office footprint was maintained but the size and cost of the footprint was very dramatically reduced with four offices moving to alternative cheaper and smaller licensed accommodation. Recruitment of all but front-line care and support staff was frozen. Leavers in non-front line facing posts were not replaced which helped ensure the absolute minimum of compulsory redundancies as headcount was reduced with only skeletal head office staff posts retained. While some front-line allowances were reduced, the group’s financial resources were focussed towards paying front-line staff to ensure we met our care and support commitments and our statutory obligations to pay the increased National Living Wage and National Insurance Contributions.
Drawing on our external employment law advisers, the senior leaders took over direct HR responsibilities which amongst others included direct management of recruitment for front-line care and support staff and the issuing of Home Office Certificates of Sponsorship for Health & Care Skilled Worker Visas for overseas workers of which 94% of our current total were either extended or were first time assignments during the year. The culture of continuous improvement and quality in the delivery of our services has continued with the opportunity to review and increase the efficiency of many of our processes. Driven by a strategic commitment to leverage challenging circumstances for organisational improvement, the leadership team successfully navigated the impact of recent government fiscal policies. Through targeted efficiencies, the group has emerged more resilient, delivering performance that exceeded initial forecasts. Moving into the 2026/27 Financial Year, leadership recognises the importance of targeted reinvestment into key posts and resources to ensure the group continues to thrive and can meet the ongoing challenges of doing business presented by the Government.
Allerton Group Limited
Strategic Report for the Year Ended 31 March 2026
Approved by the
Director
Allerton Group Limited
Directors' Report for the Year Ended 31 March 2026
The directors present their report and the for the year ended 31 March 2026.
Directors of the company
The directors who held office during the year were as follows:
Financial instruments
Objectives and policies
The board constantly monitors the group and company's trading results and revise projections as appropriate to ensure that the group and company can meet its future obligations as they fall due.
Price risk, credit risk, liquidity risk and cash flow risk
The group and company is exposed to the usual credit and cash flow risks associated with selling on credit and manages this through credit control procedures.
The group and company has sufficient resources available and the directors have prepared forecasts for the next 12 months that indicate that this will continue to be the case and that these cash flows will be sufficient for the group and company to meet its financing commitments as they fall due. The directors therefore have a reasonable expectation that the group and company have adequate resources to continue in operational existence for the foreseeable future and have continued to adopt the going concern basis in preparing the financial statements.
Future developments
Over the coming year Allerton Group Limited aims to continue to prepare for, and work through, the impacts and increased business costs from the ongoing implementation of the Employment Rights Act and the above inflation increases in Home Office costs related to Sponsorship Licences and changes in immigration policy that have been, and continue to be, introduced by the Government which effect its cost base and its ability to do business. The business tax increases and additional regulatory burden and business costs in the Chancellor’s Budgets, the resulting increases in costs past on by suppliers, and the overall rate of inflation continue to present significant business challenges. This is exacerbated by the locations where increases in funding received from its Local Authority and NHS customers have been at, or below, headline inflation; particularly so in higher cost of living areas of the country. Allerton Group Limited will aim to continue to operate with an overall lean cost base while it seeks to improve its operations in recruitment, development and retention of front-line staff and key management posts, and the operability of its IT systems to manage the organisation both operationally and financially ensuring our systems and processes are effective, efficient, and provide value for money. The Allerton Group Limited aims to explore how AI (artificial intelligence) can be utilised to leverage our lean resources to do more with what we have. Allerton Group Limited will continue to collaborate with subsidiary undertakings to enhance packages of care and support in our existing services and improve the outcomes for our people and our customers. There is a desire to grow our footprint of current services where it can be proven it is financially viable. An investment framework has been developed to ensure that any opportunities for growth are made highly selectively in the context of the ongoing challenging business environment to ensure any investments are financially sustainable.
Allerton Group Limited
Directors' Report for the Year Ended 31 March 2026
Engagement with employees
The group conducts an annual Staff Survey which is used to inform our decision making during the year.
All employees are encouraged to share information and events that are of interest to them that take place both locally and nationally. The information has been disseminated every month in our newsletters which inform employees on matters that interest them across the group. There are regular and systematic posts on our social media which employees read, and information has been posted on our internal web-based communication channel.
The Directors and Senior Managers engage with employees by regularly visiting subsidiaries as part of their normal course of events. The Directors use the management structure to cascade information and receive feedback in monthly structured management and staff meetings. All staff receive a regular supervision from their line manager which is part of being a registered provider of care and support where matters of concern can be raised and discussed.
Directors have taken regard of the interests of employees in the challenging financial environment by selectively bringing forward the annual pay review. The group is significantly affected by the Government’s annual announcement of the National Living Wage which is effective from April each year. The group has regard to the interest of employees by making a judgement about how the group can stay ahead of the National Living Wage.
Disclosure of information to the auditor
Each director has taken the steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
Appointment of auditors
Hazlewoods LLP have expressed their willingness to continue in office.
Approved by the
Director
Allerton Group Limited
Statement of Directors' Responsibilities
The directors are responsible for preparing the Strategic Report, Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and company and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:
• | select suitable accounting policies and apply them consistently; |
• | make judgements and accounting estimates that are reasonable and prudent; |
• | state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and |
• | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the group's and the company's transactions and disclose with reasonable accuracy at any time the financial position of the group and the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Allerton Group Limited
Independent Auditor's Report to the Members of Allerton Group Limited
Opinion
We have audited the financial statements of Allerton Group Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 March 2026, which comprise the Consolidated Profit and Loss Account, Consolidated Balance Sheet, Balance Sheet, Consolidated Statement of Changes in Equity, Statement of Changes in Equity, Consolidated Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• | give a true and fair view of the state of the group's and the parent company's affairs as at 31 March 2026 and of the group's profit for the year then ended; |
• | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
• | have been prepared in accordance with the requirements of the Companies Act 2006. |
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Allerton Group Limited
Independent Auditor's Report to the Members of Allerton Group Limited
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
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the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements. |
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Directors' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
• | adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or |
• | the parent company financial statements are not in agreement with the accounting records and returns; or |
• | certain disclosures of directors' remuneration specified by law are not made; or |
• | we have not received all the information and explanations we require for our audit. |
Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page 6, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the group’s and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Extent to which the audit was capable of detecting irregularities, including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We considered the nature of the group’s industry and its control environment and reviewed the group’s documentation of their policies and procedures relating to fraud and compliance with laws and regulations. We also enquired of management about their own identification and assessment of the risks of irregularities.
We obtained an understanding of the legal and regulatory framework that the group operates in and identified the key laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements, including the UK Companies Act and tax legislation, and, those that do not have a direct effect on the financial statements but compliance with which may be fundamental to the group’s ability to operate or to avoid a material penalty.
We discussed among the audit engagement team regarding the opportunities and incentives that may exist within the organisation for fraud and how and where fraud might occur in the financial statements.
Allerton Group Limited
Independent Auditor's Report to the Members of Allerton Group Limited
In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override of controls. In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments; assessed whether the judgements made in accounting estimates are indicative of a potential bias; and evaluated the business rationale of any significant transactions that are unusual or outside the normal course of business.
In addition to the above, our procedures to respond to the risks identified included the following:
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reviewing financial statement disclosures by testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements; |
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performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatements due to fraud; |
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enquiring of management concerning actual and potential litigation and claims and instances of non-compliance with laws and regulations; and |
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reading minutes of meetings of those charged with governance. |
Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.
A further description of our responsibilities is available on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use of our report
This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
For and on behalf of
Windsor House
Bayshill Road
GL50 3AT
Allerton Group Limited
Consolidated Profit and Loss Account for the Year Ended 31 March 2026
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Note |
2026 |
2025 |
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Turnover |
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Cost of sales |
( |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Other operating income |
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Operating profit before exceptional items |
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|
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Exceptional income / (costs) |
(185,624) |
2,802,878 |
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Operating profit |
1,585,287 |
3,415,298 |
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Other interest receivable and similar income |
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|
|
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Interest payable and similar expenses |
- |
( |
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Profit before tax |
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|
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Tax on profit |
( |
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Profit for the financial year |
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Profit/(loss) attributable to: |
|||
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Owners of the company |
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The above results were derived from continuing operations.
The group has no recognised gains or losses for the year other than the results above.
Allerton Group Limited
(Registration number: 11371887)
Consolidated Balance Sheet as at 31 March 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Intangible assets |
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Tangible assets |
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Current assets |
|||
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Stocks |
- |
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Debtors |
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Cash at bank and in hand |
1,782,598 |
1,415,537 |
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||
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Equity attributable to owners of the company |
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Shareholders' funds |
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Approved and authorised by the
Director
Allerton Group Limited
(Registration number: 11371887)
Company Balance Sheet as at 31 March 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Tangible assets |
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Investments |
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|
|
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Current assets |
|||
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Debtors |
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|
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Cash at bank and in hand |
140,491 |
310,274 |
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||
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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The company made a profit after tax for the financial year of £5,444,401 (2025 - profit of £1,456,200).
Approved and authorised by the
Director
Allerton Group Limited
Consolidated Statement of Changes in Equity for the Year Ended 31 March 2026
Equity attributable to the parent company
|
Share capital |
Profit and loss account |
Total |
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At 1 April 2025 |
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Profit for the year |
- |
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Dividends |
- |
( |
( |
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At 31 March 2026 |
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|
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Share capital |
Profit and loss account |
Total |
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At 1 April 2024 |
|
|
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Profit for the year |
- |
|
|
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Dividends |
- |
( |
( |
|
New share capital subscribed |
|
- |
|
|
At 31 March 2025 |
|
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Allerton Group Limited
Statement of Changes in Equity for the Year Ended 31 March 2026
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Share capital |
Profit and loss account |
Total |
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At 1 April 2025 |
|
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|
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Profit for the year |
- |
|
|
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Dividends |
- |
( |
( |
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At 31 March 2026 |
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|
|
|
Share capital |
Profit and loss account |
Total |
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At 1 April 2024 |
|
|
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Profit for the year |
- |
|
|
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Dividends |
- |
( |
( |
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New share capital subscribed |
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- |
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At 31 March 2025 |
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Allerton Group Limited
Consolidated Statement of Cash Flows for the Year Ended 31 March 2026
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Note |
2026 |
2025 |
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Cash flows from operating activities |
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Profit for the year |
|
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Adjustments to cash flows from non-cash items |
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Depreciation and amortisation |
|
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Waiver of connected entity loans |
- |
(2,823,170) |
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Finance income |
( |
( |
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Finance costs |
- |
|
|
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Income tax expense |
|
( |
|
|
|
|
||
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Working capital adjustments |
|||
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Decrease in stocks |
- |
|
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Decrease in debtors |
|
|
|
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Decrease in creditors |
( |
( |
|
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Cash generated from operations |
|
|
|
|
Income taxes received |
- |
|
|
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Net cash flow from operating activities |
|
|
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Cash flows from investing activities |
|||
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Interest received |
|
|
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Cash flows from financing activities |
|||
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Interest paid |
- |
( |
|
|
Dividends paid |
( |
( |
|
|
Net cash flows from financing activities |
( |
( |
|
|
Net increase in cash and cash equivalents |
|
|
|
|
Cash and cash equivalents at 1 April |
|
|
|
|
Cash and cash equivalents at 31 March |
1,782,598 |
1,415,537 |
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Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.
The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.
Basis of consolidation
The consolidated financial statements consolidate the financial statements of the company and its subsidiary undertakings drawn up to 31 March 2026.
No Profit and Loss Account is presented for the company as permitted by section 408 of the Companies Act 2006. The company made a profit after tax for the financial year of £5,444,401 (2025 - profit of £1,456,200).
A subsidiary is an entity controlled by the company. Control is achieved where the company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.
The results of subsidiaries acquired or disposed of during the year are included in the Profit and Loss Account from the effective date of acquisition or up to the effective date of disposal, as appropriate. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by the group.
The purchase method of accounting is used to account for business combinations that result in the acquisition of subsidiaries by the group. The cost of a business combination is measured as the fair value of the assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly attributable to the business combination. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. Any excess of the cost of the business combination over the acquirer’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised is recorded as goodwill.
Inter-company transactions, balances and unrealised gains on transactions between the company and its subsidiaries, which are related parties, are eliminated in full.
Intra-group losses are also eliminated but may indicate an impairment that requires recognition in the consolidated financial statements.
Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group. Non-controlling interests in the net assets of consolidated subsidiaries are identified separately from the group’s equity therein. Non-controlling interests consist of the amount of those interests at the date of the original business combination and the non-controlling shareholder’s share of changes in equity since the date of the combination.
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Judgements and estimation uncertainty
These financial statements do not contain any significant judgements or estimation uncertainty. |
Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the
group and the revenue can be reliably measured. Revenue is measured as the fair value of the
consideration received or receivable, excluding discounts, rebates, value added tax and other sales
taxes. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
-the group has transferred the significant risks and rewards of ownership to the buyer;
-the group retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
-the amount of revenue can be measured reliably;
-it is probable that the group will receive the consideration due under the transaction; and
-the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are
provided in accordance with the stage of completion of the contract when all of the following
conditions are satisfied:
-the amount of revenue can be measured reliably;
-it is probable that the group will receive the consideration due under the contract;
-the stage of completion of the contract at the end of the reporting period can be measured reliably; and
-the costs incurred and the costs to complete the contract can be measured reliably.
Rental income
Sales invoice are raised monthly in advance for services provided. Rental income is recognised in
the accounting period in which the services are rendered.
Property sales
Revenue derived from the selling of property portfolios is recognised when the group has legally
completed on the sale. Revenue is measured at the fair value of the amounts receivable per the
completion statements. Where the group is legally committed to a sale that completes after the
balance sheet date the group will recognise the sale in the financial statements.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit and loss account, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the group operates and generates taxable income.
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements and on unused tax losses or tax credits in the group. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:
|
Asset class |
Depreciation method and rate |
|
Plant and machinery |
5 years straight line |
|
Motor vehicles |
5 years straight line or 25% reducing balance |
|
Fixtures and fittings |
3 years straight line |
|
Office equipment |
3 years straight line |
|
Computer equipment |
3 years straight line |
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Intangible assets
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the group’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date.
Negative goodwill arising on an acquisition is recognised on the face of the balance sheet on the acquisition date and subsequently the excess up to the fair value of non-monetary assets acquired is recognised in profit or loss in the periods in which the non-monetary assets are recovered.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
|
Asset class |
Amortisation method and rate |
|
Goodwill |
Straight line over 10 years |
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. All trade debtors are repayable within one year and hence are included at the undiscounted cost of cash expected to be received. A provision for the impairment of trade debtors is established when there is objective evidence that the group will not be able to collect all amounts due according to the original terms of the debtors.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the group does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and all are repayable within one year and hence are included at the undiscounted amount of cash expected to be paid.
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the group’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the group has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
Financial instruments
Classification
Recognition and measurement
Impairment
A non financial asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
The recoverable amount of goodwill is derived from measurement of the present value of the future cash flows of the cash-generating units ('CGUs') of which the goodwill is a part. Any impairment loss in respect of a CGU is allocated first to the goodwill attached to that CGU, and then to other assets within that CGU on a pro-rata basis.
Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised. Where a reversal of impairment occurs in respect of a CGU, the reversal is applied first to the assets (other than goodwill) of the CGU on a pro-rata basis and then to any goodwill allocated to that CGU.
For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.
Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
|
Turnover |
The analysis of the group's Turnover for the year from continuing operations is as follows:
|
2026 |
2025 |
|
|
Care and support services |
|
|
|
Property sales income |
- |
1,132,001 |
|
Rental income |
- |
228,140 |
|
Other revenue |
|
|
|
|
|
The total turnover of the company has been derived from principal activities wholly undertaken in the United Kingdom.
|
Other operating income |
The analysis of the group's other operating income for the year is as follows:
|
2026 |
2025 |
|
|
Other income |
|
|
|
Operating profit |
Arrived at after charging/(crediting)
|
2026 |
2025 |
|
|
Depreciation expense |
|
|
|
Amortisation expense |
|
|
|
Operating lease expense - property |
|
|
|
Operating lease expense - other |
|
|
|
Exceptional items |
|
2026 |
2025 |
|
|
Exceptional costs / (income) |
185,624 |
(2,802,878) |
The main exceptional costs in the current year relate to an intercompany provision write off totalling £150,929 and dilapidation costs of £30,257.
The exceptional credit in the prior year relates to the waiver of a number of loans due to related entities totalling £2,823,170. partially offset against dilapidation costs totalling £77,798.
|
Other interest receivable and similar income |
|
2026 |
2025 |
|
|
Interest income |
|
|
|
Interest payable and similar expenses |
|
2026 |
2025 |
|
|
Interest expense on other finance liabilities |
- |
|
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
|
Staff costs |
Group
The aggregate payroll costs (including directors' remuneration) were as follows:
|
2026 |
2025 |
|
|
Wages and salaries |
|
|
|
Social security costs |
|
|
|
Pension costs, defined contribution scheme |
|
|
|
|
|
The average number of persons employed by the group (including directors) during the year, analysed by category was as follows:
|
2026 |
2025 |
|
|
Employees |
|
|
Company
The aggregate payroll costs (including directors' remuneration) were as follows:
|
2026 |
2025 |
|
|
Wages and salaries |
|
|
|
Social security costs |
|
|
|
Pension costs, defined contribution scheme |
|
|
|
|
|
The average number of persons employed by the company (including directors) during the year, was as follows:
|
2026 |
2025 |
|
|
Employees |
|
|
|
Directors' remuneration |
The directors' remuneration for the year was as follows:
|
2026 |
2025 |
|
|
Remuneration |
|
|
|
Contributions paid to defined contribution pension schemes |
|
|
|
260,991 |
156,321 |
During the year the number of directors who were receiving pension payments were as follows:
|
2026 |
2025 |
|
|
Directors paid into defined contribution pension schemes |
|
|
In respect of the highest paid director:
|
2026 |
2025 |
|
|
Remuneration |
|
- |
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
|
Auditors' remuneration |
|
2026 |
2025 |
|
|
Audit of these financial statements |
|
|
|
Taxation |
Tax charged/(credited) in the consolidated profit and loss account
|
2026 |
2025 |
|
|
Current taxation |
||
|
UK corporation tax |
|
- |
|
UK corporation tax adjustment to prior periods |
- |
( |
|
354,470 |
(85,391) |
The tax on profit before tax for the year is lower than the standard rate of corporation tax in the UK (2025 - lower than the standard rate of corporation tax in the UK) of
The differences are reconciled below:
|
2026 |
2025 |
|
|
Profit before tax |
|
|
|
Corporation tax at standard rate |
|
|
|
Decrease in UK and foreign current tax from adjustment for prior periods |
- |
( |
|
Effect of revenues exempt from taxation |
( |
( |
|
Effect of expense not deductible in determining taxable profit (tax loss) |
|
|
|
Effect of tax losses |
( |
( |
|
Total tax charge/(credit) |
|
( |
|
Intangible assets |
Group
|
Goodwill |
|
|
Cost or valuation |
|
|
At 1 April 2025 and at 31 March 2026 |
|
|
Amortisation |
|
|
At 1 April 2025 |
|
|
Amortisation charge |
|
|
At 31 March 2026 |
|
|
Carrying amount |
|
|
At 31 March 2026 |
|
|
At 31 March 2025 |
|
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
|
Tangible assets |
Group
|
Furniture, fittings and equipment |
Motor vehicles |
Total |
|
|
Cost or valuation |
|||
|
At 1 April 2025 and at 31 March 2026 |
|
|
|
|
Depreciation |
|||
|
At 1 April 2025 |
|
|
|
|
Charge for the year |
( |
|
|
|
At 31 March 2026 |
|
|
|
|
Carrying amount |
|||
|
At 31 March 2026 |
- |
|
|
|
At 31 March 2025 |
( |
|
|
Company
|
Furniture, fittings and equipment |
Motor vehicles |
Total |
|
|
Cost or valuation |
|||
|
At 1 April 2025 and at 31 March 2026 |
|
|
|
|
Depreciation |
|||
|
At 1 April 2025 |
|
|
|
|
Charge for the year |
- |
|
|
|
At 31 March 2026 |
|
|
|
|
Carrying amount |
|||
|
At 31 March 2026 |
- |
|
|
|
At 31 March 2025 |
- |
|
|
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
|
Investments |
Company
|
2026 |
2025 |
|
|
Investments in subsidiaries |
|
|
|
Subsidiaries |
£ |
|
Cost or valuation |
|
|
At 1 April 2025 |
|
|
Disposals |
( |
|
At 31 March 2026 |
|
|
Provision |
|
|
Carrying amount |
|
|
At 31 March 2026 |
|
|
At 31 March 2025 |
|
Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
|
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
|
|
2026 |
2025 |
|||
|
Subsidiary undertakings |
||||
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
* - held indirectly by Allerton SPV Holdings Developments Limited.
All subsidiaries have the same registered and principal place of business as the company.
On 11 August 2025, following a group reorganisation, the investment in Allerton SPV Holding Developments Limited (and its subsidiary companies) were disposed of by means of a dividend in specie to one of the shareholders.
Allerton Group Limited has provided guarantees in accordance with section 479A of the Companies Act 2006 to all of the above named subsidiaries to allow them to claim exemption from audit.
|
Stocks |
|
Group |
Company |
|||
|
2026 |
2025 |
2026 |
2025 |
|
|
Properties under development |
- |
|
- |
- |
|
Debtors |
|
Group |
Company |
||||
|
Note |
2026 |
2025 |
2026 |
2025 |
|
|
Trade debtors |
|
|
- |
|
|
|
Amounts owed by group undertakings |
- |
- |
|
- |
|
|
Other debtors |
|
|
|
|
|
|
Prepayments |
|
|
|
|
|
|
|
|
|
|
||
|
Creditors |
|
Group |
Company |
||||
|
Note |
2026 |
2025 |
2026 |
2025 |
|
|
Due within one year |
|||||
|
Trade creditors |
|
|
|
|
|
|
Social security and other taxes |
|
|
|
|
|
|
Outstanding defined contribution pension costs |
|
|
|
- |
|
|
Other payables |
|
|
|
- |
|
|
Accruals |
|
|
|
|
|
|
Corporation tax liability |
354,470 |
- |
- |
- |
|
|
Deferred income |
|
|
- |
- |
|
|
Dividends payable |
|
- |
|
- |
|
|
|
|
|
|
||
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
|
Pension and other schemes |
Defined contribution pension scheme
The group operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the group to the scheme and amounted to £
Contributions totalling £
|
Share capital |
Allotted, called up and fully paid shares
|
2026 |
2025 |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
200 |
|
200 |
|
Obligations under leases and hire purchase contracts |
Group
Operating leases
The total of future minimum lease payments is as follows:
|
2026 |
2025 |
|
|
Not later than one year |
|
|
|
Later than one year and not later than five years |
|
- |
|
|
|
|
Dividends |
|
2026 |
2025 |
|||
|
£ |
£ |
|||
|
Dividend paid |
11,122,918 |
1,072,818 |
||
During the year the group disposed of its property investment companies and all investment properties via a dividend in specie of £8,856,990. A cash dividend of £1,865,928 was also paid and there is an unpaid dividend of £400,000 within creditors.
Allerton Group Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
|
Related party transactions |
Company
Summary of transactions with key management
The company has taken advantage of the exemption contained in FRS 102 section 33 "Related Party Disclosures" from disclosing transactions with entities which are a wholly owned part of the consolidated group.
At the year end the group had the following trading/receivable balances with related parties:
|
2026 |
2025 |
|
|
Sales made to entities under common control |
43,320 |
155,299 |
|
Loan balances forgiven, originally owed by entities under common control |
- |
2,823,170 |
|
Parent and ultimate parent undertaking |
From 12 August 2025 Allerton Group Limited is wholly owned and controlled by Quinton Investments Holdings Limited, the ultimate controlling party being K Y Dodia.