1 January 2021 false No description of principal activity Taxfiler 2022.8.3 12352485business:PrivateLimitedCompanyLtd2021-01-012021-12-31 123524852020-12-31 123524852021-01-012021-12-31 12352485business:AuditExemptWithAccountantsReport2021-01-012021-12-31 12352485business:FullAccounts2021-01-012021-12-31 123524852021-12-31 12352485business:Director12021-01-012021-12-31 12352485business:Director22021-01-012021-12-31 12352485business:RegisteredOffice2021-01-012021-12-31 123524852020-12-31 12352485core:WithinOneYear2021-12-31 12352485core:WithinOneYear2020-12-31 12352485core:AfterOneYear2021-12-31 12352485core:AfterOneYear2020-12-31 12352485core:ShareCapital2021-12-31 12352485core:ShareCapital2020-12-31 12352485core:RetainedEarningsAccumulatedLosses2021-12-31 12352485core:RetainedEarningsAccumulatedLosses2020-12-31 12352485business:SmallEntities2021-01-012021-12-31 12352485countries:EnglandWales2021-01-012021-12-31 12352485core:FurnitureFittings2021-01-012021-12-31 12352485core:Goodwill2020-12-31 12352485core:Goodwill2021-12-31 12352485core:FurnitureFittings2020-12-31 12352485core:FurnitureFittings2021-12-31 123524852020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12352485 (England and Wales)
ALWOODLEY PARK NEWS LTD Unaudited accounts for the year ended 31 December 2021
ALWOODLEY PARK NEWS LTD Unaudited accounts Contents
Page
- 2 -
ALWOODLEY PARK NEWS LTD Company Information for the year ended 31 December 2021
Directors
Saad Sajjad Bhatti Ezzah IQBAL
Company Number
12352485 (England and Wales)
Registered Office
143 THE AVENUE ALWOODLEY LEEDS LS17 7PA ENGLAND
Accountants
I K Associates (UK) Limited 132 Barkerend Road Accent Business Centre Bradford West Yorkshire BD3 9BE
- 3 -
ALWOODLEY PARK NEWS LTD Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
20,000 
20,000 
Tangible assets
8,506 
9,502 
28,506 
29,502 
Current assets
Inventories
15,425 
12,989 
Debtors
18,231 
- 
Cash at bank and in hand
17,545 
61,213 
51,201 
74,202 
Creditors: amounts falling due within one year
(12,759)
(5,656)
Net current assets
38,442 
68,546 
Total assets less current liabilities
66,948 
98,048 
Creditors: amounts falling due after more than one year
(61,976)
(86,738)
Net assets
4,972 
11,310 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,872 
11,210 
Shareholders' funds
4,972 
11,310 
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2022 and were signed on its behalf by
Saad Sajjad Bhatti Director Company Registration No. 12352485
- 4 -
ALWOODLEY PARK NEWS LTD Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
ALWOODLEY PARK NEWS LTD is a private company, limited by shares, registered in England and Wales, registration number 12352485. The registered office is 143 THE AVENUE, ALWOODLEY, LEEDS, LS17 7PA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2021
20,000 
At 31 December 2021
20,000 
Amortisation
At 1 January 2021
- 
At 31 December 2021
- 
Net book value
At 31 December 2021
20,000 
At 31 December 2020
20,000 
- 5 -
ALWOODLEY PARK NEWS LTD Notes to the Accounts for the year ended 31 December 2021
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2021
11,588 
Additions
855 
At 31 December 2021
12,443 
Depreciation
At 1 January 2021
2,086 
Charge for the year
1,851 
At 31 December 2021
3,937 
Net book value
At 31 December 2021
8,506 
At 31 December 2020
9,502 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Debtors: amounts falling due after more than one year
Amounts due from group undertakings etc.
18,231 
- 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
381 
445 
Trade creditors
9,899 
3,022 
Taxes and social security
1,939 
1,939 
Accruals
540 
250 
12,759 
5,656 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
45,270 
50,000 
Loans from directors
16,706 
36,738 
61,976 
86,738 
9
Average number of employees
During the year the average number of employees was 4 (2020: 4).
- 6 -