Company No: 08468025 (England and Wales)

Contents

• Company Information
• Directors' Report
• Directors' Responsibilities Statement
• Accountant's Report
• Balance Sheet
• Notes to the Unaudited Financial Statements

DIRECTORS	P A D Inkin
	A D H Macdonald
	R D O Macleay
	The 9th Earl Spencer
	S G Whitestone

SECRETARY

D J Slack

REGISTERED OFFICE	Estate Office
	Althorp
	Northampton
	Northamptonshire
	NN7 4HQ
	United Kingdom

COMPANY NUMBER

08468025 (England and Wales)

ACCOUNTANT	Deloitte LLP
	One, Station Square
	Cambridge
	CB1 2GA
	United Kingdom

The directors present their annual report and the unaudited financial statements of the Company for the financial year ended 31 March 2021.

PRINCIPAL ACTIVITIES

The company was incorporated on 2 April 2013. It is dormant and has not traded during the current or prior year. The Company acts as a nominee.

GOING CONCERN

The directors have prepared the financial statements on the going concern basis. Further details are provided in the notes to the financial statements.

DIRECTORS

The directors, who served during the financial year and to the date of this report except as noted, were as follows:

P A D Inkin
A D H Macdonald
R D O Macleay
The 9th Earl Spencer
S G Whitestone

This Directors' Report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption provided by section 415A of the Companies Act 2006.

Approved by the Board of Directors and signed on its behalf by:

The 9th Earl Spencer Director

Estate Office
Althorp
Northampton
Northamptonshire
NN7 4HQ
United Kingdom

16 December 2021

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that financial period.

In preparing these financial statements, the directors are required to:
* Select suitable accounting policies and then apply them consistently;
* Make judgements and accounting estimates that are reasonable and prudent; and
* Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Althorp Nominee One Limited for the financial year ended 31 March 2021 which comprises the Balance Sheet and the related notes 1 to 3 from the Company’s accounting records and from information and explanations you have given us.

We are subject to the ethical and other professional requirements of the Institute of Chartered Accountants in England and Wales (ICAEW) which are detailed at _http://www.icaew.com/en/members/regulations-standards-and-guidance_.

It is your duty to ensure that Althorp Nominee One Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Althorp Nominee One Limited. You consider that Althorp Nominee One Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Althorp Nominee One Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of Althorp Nominee One Limited, as a body, in accordance with the terms of our engagement letter dated 01 April 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Althorp Nominee One Limited and state those matters that we have agreed to state to the Board of Directors of Althorp Nominee One Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Althorp Nominee One Limited and its Board of Directors as a body for our work or for this report.

Deloitte LLP
Accountant

One, Station Square
Cambridge
CB1 2GA
United Kingdom

16 December 2021

	Note	2021		2020
		£		£
Current assets
Cash at bank and in hand		1		1
		1		1
Net current assets		1		1
Total assets less current liabilities		1		1
Net assets		1		1
Capital and reserves
Called-up share capital	2	1		1
Total shareholder's funds		1		1

A charge is registered at Companies House for this Company due to the nominee status.

Althorp Nominee One Limited (registered number: 08468025) did not trade during the current financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 March 2021 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements of Althorp Nominee One Limited (registered number: 08468025) were approved and authorised for issue by the Board of Directors on 16 December 2021. They were signed on its behalf by:

The 9th Earl Spencer Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year.

General information and basis of accounting

Althorp Nominee One 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 Althorp Estate Office, Althorp, Northampton, Northamptonshire, NN7 4HQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, 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.

The functional currency of Althorp Nominee One Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that there are no plans for the Company to change from dormant status and therefore, they continue to adopt the going concern basis in preparing the financial statements.

On the basis the Company is dormant, the directors have not identified a potential impact on the Company, due to COVID-19.

2. Called-up share capital

	2021		2020
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

The shares have attached to them full voting, dividend and capital distribution (including winding up) rights; they do not confer any rights of redemption.

3. Ultimate controlling party

The immediate and ultimate controlling party are the Trustees of a Trust, which holds the shares in this Company.