Atherstone Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12572216

ATHERSTONE HOLDINGS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2026

ATHERSTONE HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

30 April 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	4	948	1,511
Investments	5	1,620,067	1,620,067
		-------------	-------------
		1,621,015	1,621,578

Current assets

Debtors	6	1,184	33,712
Investments	7	257,000	258,000
Cash at bank and in hand		20,827	163,600
		----------	----------
		279,011	455,312

Creditors: amounts falling due within one year	8	( 1,304,104)	( 1,592,623)
		-------------	-------------
Net current liabilities		( 1,025,093)	( 1,137,311)
		-------------	-------------
Total assets less current liabilities		595,922	484,267
		----------	----------
Net assets		595,922	484,267
		----------	----------

Capital and reserves

Called up share capital	100	100
Profit and loss account	595,822	484,167
	----------	----------
Shareholders funds	595,922	484,267
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

ATHERSTONE HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 April 2026

These financial statements were approved by the board of directors and authorised for issue on 20 October 2026 , and are signed on behalf of the board by:

D P Crookes

Director

Company registration number: 12572216

ATHERSTONE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lime House, Harmston Park Avenue, Harmston, Lincoln, LN5 9GF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Consultancy and project income is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. Interest and rental income is recognised when it is probable that the economic benefits will flow to the company and the amount can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	33% straight line
Equipment	-	25% straight line

Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

The company only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

4. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 May 2025 and 30 April 2026	3,603	1,082	4,685
	-------	-------	-------
Depreciation
At 1 May 2025	2,181	993	3,174
Charge for the year	474	89	563
	-------	-------	-------
At 30 April 2026	2,655	1,082	3,737
	-------	-------	-------
Carrying amount
At 30 April 2026	948	–	948
	-------	-------	-------
At 30 April 2025	1,422	89	1,511
	-------	-------	-------

5. Investments

	Investment property
	£
Cost
At 1 May 2025 and 30 April 2026	1,620,067
	-------------
Impairment
At 1 May 2025 and 30 April 2026	–
	-------------

Carrying amount
At 30 April 2026	1,620,067
	-------------
At 30 April 2025	1,620,067
	-------------

The investment properties were revalued on the 30 April 2026 by a director who is internal to the company. The director believes the value to be in line with the current market value. The historical cost of the investment properties is £1,620,067.

6. Debtors

	2026	2025
	£	£
Trade debtors	–	32,773
Other debtors	1,184	939
	-------	---------
	1,184	33,712
	-------	---------

7. Investments

	2026	2025
	£	£
Other investments	257,000	258,000
	----------	----------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	1,078	22,737
Corporation tax	35,358	57,626
Social security and other taxes	4,553	32,368
Other creditors	1,263,115	1,479,892
	-------------	-------------
	1,304,104	1,592,623
	-------------	-------------

Included in other creditors is an amount of £1,236,568 (2025 - £1,371,102) owed to the directors. This loan is interest free and repayable on demand.

9. Controlling party

The company is under the control of the directors.