A.L.BETTS LIMITED - Filleted accounts

Registered number

00625872

A.L.BETTS LIMITED

Filleted Accounts

31 January 2026

A.L.BETTS LIMITED
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	10% on a reducing balance basis
	Office equipment	25% on a reducing balance basis
	Plant and machinery	15% on a reducing balance basis
	Motor vehicles	25% on a reducing balance basis

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			0		1















3	Tangible fixed assets
		Land and buildings		Plant and machinery etc	Office equipment	Total
£			£		£	£
	Cost
	At 1 February 2025	213198		45812	2423	261433
	Disposals	-116361		0	0	-116361
	At 31 January 2026	96837		45812	2423	145072

	Depreciation
	At 1 February 2025	161025		8833	2056	171914
	Charge for the year	1350		5547	92	6989
	On disposals	-77874		0	0	-77874
	At 31 January 2026	84501		14380	2148	101029

	Net book value
	At 31 January 2026	12336		31432	275	44043
	At 31 January 2025	52173		36979	367	89519


4	Investments
Other
investments
£
	Cost
	At 1 February 2025					22280
	Disposals					-22280

	At 31 January 2026					0

	Historical cost
	At 1 February 2025					22280

	The historical cost of the above investments were £439
5	Debtors			2026		2025
£					£

	Other debtors			142382		2222





6	Creditors: amounts falling due within one year			2026		2025
£					£

	Other loans			0		10107
	Bank loans and overdrafts			0		17182
	Corporation tax			2964		2964
	Taxation and social security costs			0		4192
	Other creditors and accruals			0		34131
				2964		68576


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank overdrafts and loans			0		38076
	Other creditors and accruals			0		205892
				0		243968

	The following liabilities were secured:
				2026		2025
£					£
	Bank overdraft			0		21299
	Bank loans					63929
	Other loans					248914
				0		334142
	Details of security provided:
	Bank loans and overdafts are secured by a legal mortgage dated 13 March 2000 over the freehold
	property known as Platt House Farm,Wrotham,Sevenoaks,Kent.

	Other loans are secured by a first legal charge dated 17 February 1964 and by two further charges dated
	15 May 1968 and 15 October 1991 respectivly over the freehold property known as Platt House Farm,
	Wrotham,Sevenoaks,Kent.


8	Loans			2026		2025
£					£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years			0		205892
	Instalments falling due for payment after more than five years			0		38076
				0		243968


	Secured bank loans			0		38076





9	Fair value reserve			2026		2025
£					£

	At 1 February 2025			17691		17138
	Gain on revaluation of investments			0		683
	Deferred taxation arising on the revaluation of the company's			-17691		-130
				0		17691


9	Other information

	A.L.BETTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Platt House Farm
	Wrotham
	Severnoaks
	Kent
	TN15 7QB

11	Fair value reserve

	The fair value reserve represents the movements on the valuation of the company's listed investments
	less the deferred tax thereon and icludes a transfer to the profit and loss account in relation to those
	movements of £-17,691 (2025 from £553)

A.L.BETTS LIMITED
Registered number:		00625872
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		44043			89519
Investments	4		0			22280
			44043			111799
Current assets
Debtors	5	142382			2222
Cash at bank and in hand		2657			14065
		145039			16287

Creditors: amounts falling due within one year	6	-2964			-68576

Net current assets/(liabilities)			142075			-52289
Total assets less current liabilities			186118			59510

Creditors: amounts falling due after more than one year	7		0			-243968

Provisions for liabilities			0			-2865

Net assets/(liabilities)			186118			-187323

Capital and reserves
Called up share capital			1000			1000
Fair value reserve	9		0			17691
Profit and loss account			185118			-206014

Shareholders' funds			186118			-187323

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


Mr Robin Patrick Betts
Director
Approved by the board on 7 October 2026