ACCOUNTS - Final Accounts preparation

Company registration number: 00491819

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 28 FEBRUARY 2025

	ALLEN GLANVILLE HOLDINGS LIMITED


ALLEN GLANVILLE HOLDINGS LIMITED

COMPANY INFORMATION

Directors	S M Allen
	R A Allen
	E S Bell
	K J Sykes
	J F C Allen (appointed 5 August 2025)
	J R C Allen (appointed 5 August 2025)


Company secretary	S M Allen


Registered number	00491819


Registered office	Victoria House
	50-58 Victoria Road
	Farnborough
	Hampshire
	GU14 7PG


Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


ALLEN GLANVILLE HOLDINGS LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 8


ALLEN GLANVILLE HOLDINGS LIMITED REGISTERED NUMBER:00491819

STATEMENT OF FINANCIAL POSITION

AS AT 28 FEBRUARY 2025

	28 February	29 February
	2025	2024
Note	£	£

Fixed assets
Tangible assets	5		6,353		8,470
Investment property	6		17,783,083		17,750,586
			17,789,436		17,759,056
Current assets
Debtors: amounts falling due within one year	7	297,067		331,452
Cash at bank and in hand		1,349,177		769,194
		1,646,244		1,100,646
Creditors: amounts falling due within one year	8	(828,107)		(614,067)
Net current assets			818,137		486,579
Total assets less current liabilities			18,607,573		18,245,635
Creditors: amounts falling due after more than one year	9		(800,000)		(900,000)
Provisions for liabilities
Deferred tax	10	(1,185,031)		(1,176,907)
			(1,185,031)		(1,176,907)
Net assets			16,622,542		16,168,728

Capital and reserves
Called up share capital		1,818	1,818
Capital redemption reserve	11	2,182	2,182
Profit and loss account	11	16,618,542	16,164,728
		16,622,542	16,168,728

Page 1


ALLEN GLANVILLE HOLDINGS LIMITED REGISTERED NUMBER:00491819

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 28 FEBRUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by by:

R A Allen

Director

Date: 26 November 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2


ALLEN GLANVILLE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1.	General information

Allen Glanville Holdings Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue comprises of rents receivable in connection with the Company's freehold investment properties. The revenue is recognised at fair value of the consideration receivable, in the period in which the rental takes place and when the following conditions are satisfied:
• the amount of revenue can be measured reliably;
• it is probable that the Company will receive the consideration due under the contract.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the methods listed below..

Depreciation is provided on the following basis:

				Motor vehicles	-	25%	on written down value
				Fixtures and fittings	-	25%	on written down value

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Investment properties

Investment properties are included at fair value. Gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Page 3


ALLEN GLANVILLE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income 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 Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in ordinary shares.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Borrowing costs

The borrowing costs are recognised in the Statement of Comprehensive Income and are spread over the term of the loan.

Employees

The average monthly number of employees, including directors, during the year was 5 (2024 -5).

Page 4


ALLEN GLANVILLE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

4.	Taxation

		2025	2024
		£	£

Corporation tax
Current tax on profits for the year	215,285	182,091
	215,285	182,091

Total current tax	215,285	182,091

Deferred tax
Origination and reversal of timing differences	8,124	(142)
Total deferred tax	8,124	(142)


	Taxation on profit on ordinary activities	223,409	181,949

Page 5


ALLEN GLANVILLE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

5.	Tangible fixed assets

	Motor vehicles	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 March 2024	35,694	39,056	74,750
At 28 February 2025	35,694	39,056	74,750
Depreciation
At 1 March 2024	27,224	39,056	66,280
Charge for the year on owned assets	2,117	-	2,117
At 28 February 2025	29,341	39,056	68,397
Net book value
At 28 February 2025	6,353	-	6,353
At 29 February 2024	8,470	-	8,470

6.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 March 2024	17,750,586
	Additions at cost	32,497
	At 28 February 2025	17,783,083

The 2022 valuations were made by an independent surveyor valuation in January 2022, on an open market value for existing use basis.

The directors consider the value to still be appropriate as at 28 February 2025.

The historical cost of the investment properties is £12,777,609.

Page 6


ALLEN GLANVILLE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Debtors

					28 February	29 February
					2025	2024
					£	£


Trade debtors	25,274	10,792
Other debtors	100,918	59,184
Prepayments and accrued income	10,975	81,576
Loans receivable	159,900	179,900
	297,067	331,452

The debtors above include the following amounts falling due after more than one year:
	28 February	29 February
	2025	2024
	£	£


Loans receivable	139,900	159,900
	139,900	159,900

8.	Creditors: Amounts falling due within one year
		28 February	29 February
		2025	2024
		£	£

Bank loans	100,000	100,000
Trade creditors	27,259	10,913
Corporation tax	215,285	182,091
Other taxation and social security	64,551	72,390
Other creditors	166,465	163,227
Accruals and deferred income	254,547	85,446
	828,107	614,067

The bank loan is secured on the assets of the company.

Page 7


ALLEN GLANVILLE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

9.	Creditors: amounts falling due after more than one year
		28 February	29 February
		2025	2024
		£	£

Bank loans	800,000	900,000
	800,000	900,000

The bank loan is secured on the assets of the company.

10.	Deferred taxation

		2025
		£

	At beginning of year	(1,176,907)
	Charged to profit or loss	(8,124)
	At end of year	(1,185,031)

The provision for deferred taxation is made up as follows:
	28 February	29 February
	2025	2024
	£	£

Deferred tax on investment properties	(1,183,608)	(1,183,608)
Accelerated capital allowances	(1,423)	6,701
	(1,185,031)	(1,176,907)

11.

Reserves

Revaluation reserve

Included within the profit and loss account is an undistributable amount of £3,821,867 (2024: £3,821,867) relating to the fair value movement of investment properties in the year after taking into account taxation.

Page 8