ALBAY FINANCE AND INVESTMENTS LTD

ALBAY FINANCE AND INVESTMENTS LTD
Contents Page
For the year ended 31 January 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

ALBAY FINANCE AND INVESTMENTS LTD
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	433	541
		433	541
Current assets
Debtors		64,436	44,306
Cash at bank and in hand		237	411
		64,673	44,717
Creditors: amount falling due within one year		(21,141)	(6,330)
Net current assets		43,532	38,387

Total assets less current liabilities		43,965	38,928
Creditors: amount falling due after more than one year		(4,443)	(4,443)
Net assets		39,522	34,485

Capital and reserves
Called up share capital		100	100
Profit and loss account		39,422	34,385
Shareholders' funds		39,522	34,485

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 29 October 2026 and were signed by:

-------------------------------
Bektas ALBAY
Director

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ALBAY FINANCE AND INVESTMENTS LTD
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

ALBAY FINANCE AND INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11793966, registration address 86 BLACK BOY LANE, LONDON ENGLAND, N15 3AR.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2.	Average number of employees The average number of persons employed by the company during the year was 0 (2024: 0). 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 February 2025	1,442	1,442
Additions	-	-
Disposals	-	-
At 31 January 2026	1,442	1,442
Depreciation
At 01 February 2025	766	766
Charge for year	243	243
On disposals	-	-
At 31 January 2026	1,009	1,009
Net book values
Closing balance as at 31 January 2026	433	433
Opening balance as at 01 February 2025	541	541

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