Company No: 01252908 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.07.2026		31.10.2025
		£		£
Fixed assets
Tangible assets	3	445,000		569,662
		445,000		569,662
Current assets
Stocks		0		14,753
Debtors	4	2,289		257,874
Cash at bank and in hand		1,228,062		72,547
		1,230,351		345,174
Creditors: amounts falling due within one year	5	( 246,086)		( 204,981)
Net current assets		984,265		140,193
Total assets less current liabilities		1,429,265		709,855
Provision for liabilities		0		( 26,084)
Net assets		1,429,265		683,771
Capital and reserves
Called-up share capital	6	5		5
Revaluation reserve		284,200		120,048
Profit and loss account		1,145,060		563,718
Total shareholders' funds		1,429,265		683,771

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

Directors' responsibilities:

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

The financial statements of Annabeth Limited (registered number: 01252908) were approved and authorised for issue by the Board of Directors on 14 October 2026. They were signed on its behalf by:

T M Stevens Director

1. Accounting policies

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

General information and basis of accounting

Annabeth Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Rosemary Cottage Peat Common, Elstead, Godalming, GU8 6DX, United Kingdom.

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

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

Going concern

The financial statements have been prepared on a basis other than going concern. During the period the company disposed of its trade and assets to another company and has ceased trading. The directors intend to discontinue the company's activities and accordingly the financial statements have been prepared on a break-up basis. Assets are stated at their estimated recoverable amounts and liabilities at their estimated settlement amounts.

Reporting period length

The current financial statements cover a nine‑month reporting period from 1 November 2025 to 31 July 2026. The reporting period was shortened to nine months to facilitate the planned sale of the Company, including aligning financial reporting with the timelines and information requirements of prospective buyers.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

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

Land and buildings	100 years straight line
Plant and machinery	15 % reducing balance

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

Impairment of assets

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

Non-financial assets
At each balance sheet date, the Company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2. Employees

	Period from 01.11.2025 to 31.07.2026		Period from 01.02.2025 to 31.10.2025
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	23		31

3. Tangible assets

	Land and buildings		Plant and machinery		Total
	£		£		£
Cost
At 01 November 2025	624,800		390,721		1,015,521
Additions	118,897		2,461		121,358
Revaluations	284,200		0		284,200
Disposals	( 563,697)		( 393,182)		( 956,879)
At 31 July 2026	464,200		0		464,200
Accumulated depreciation
At 01 November 2025	159,473		286,386		445,859
Charge for the financial period	4,320		10,464		14,784
Disposals	( 144,593)		( 296,850)		( 441,443)
At 31 July 2026	19,200		0		19,200
Net book value
At 31 July 2026	445,000		0		445,000
At 31 October 2025	465,327		104,335		569,662

4. Debtors

	31.07.2026		31.10.2025
	£		£
Other debtors	2,289		257,874

5. Creditors: amounts falling due within one year

	31.07.2026		31.10.2025
	£		£
Bank loans	0		3,037
Trade creditors	31,765		48,057
Taxation and social security	178,228		125,738
Other creditors	36,093		28,149
	246,086		204,981

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

	31.07.2026		31.10.2025
	£		£
Allotted, called-up and fully-paid
5 Ordinary shares of £ 1.00 each	5		5

7. Related party transactions

Transactions with the entity's directors

	31.07.2026		31.10.2025
	£		£
T Stevens (Director and shareholder)	0		243,985

During the period, the director, T Stevens, introduced funds to the company totalling £243,985, and the closing balance of the loan account at the end of this period amounted to £nil.