Registered number
10294934
Alanda Capital Management Limited
Filleted Accounts
31 March 2022
Alanda Capital Management Limited
Registered number: 10294934
Balance Sheet
as at 31 March 2022
Notes 2022 2021
£ £
Fixed assets
Tangible assets 4 475 18,136
Current assets
Debtors 5 1,258,239 2,292,388
Cash at bank and in hand 420,861 116,764
1,679,100 2,409,152
Creditors: amounts falling due within one year 6 (238,264) (770,796)
Net current assets 1,440,836 1,638,356
Net assets 1,441,311 1,656,492
Capital and reserves
Called up share capital 2,074,200 2,074,200
Profit and loss account (632,889) (417,708)
Shareholder's funds 1,441,311 1,656,492
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.
C Vogel-Claussen
Director
Approved by the board on 28 July 2022
Alanda Capital Management Limited
Notes to the Accounts
for the year ended 31 March 2022
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 commission and from the rendering of services, including investment service agreeements. 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. Revenue is recognised over the life of an investment service agreement on the basis of effort expended as a proportion of the estimated total effort which will be required over the life of the contract.
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:
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Audit information
The audit report is unqualified.
Senior statutory auditor: Andrew Mitchell
Firm: Adams, Mitchell
Date of audit report: 28 July 2022
3 Employees 2022 2021
Number Number
Average number of persons employed by the company 8 5
4 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 April 2021 54,650 33,065 87,715
Disposals - (19,329) (19,329)
At 31 March 2022 54,650 13,736 68,386
Depreciation
At 1 April 2021 47,400 22,179 69,579
Charge for the year 7,249 2,770 10,019
On disposals - (11,687) (11,687)
At 31 March 2022 54,649 13,262 67,911
Net book value
At 31 March 2022 1 474 475
At 31 March 2021 7,250 10,886 18,136
5 Debtors 2022 2021
£ £
Trade debtors 545,172 1,685,197
Other debtors 713,067 607,191
1,258,239 2,292,388
6 Creditors: amounts falling due within one year 2022 2021
£ £
Bank loans and overdrafts 241 119
Trade creditors 54,858 124,150
Taxation and social security costs 38,502 138,203
Other creditors 144,663 508,324
238,264 770,796
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
C Vogel-Claussen
Director's loan account 33,561 10,963 - 44,524
33,561 10,963 - 44,524
8 Other information
Alanda Capital Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
166 Picadilly
London
W1J 9EF
Alanda Capital Management Limited 10294934 false 2021-04-01 2022-03-31 2022-03-31 VT Final Accounts April 2022 C Vogel-Claussen No description of principal activity 10294934 2020-04-01 2021-03-31 10294934 core:WithinOneYear 2021-03-31 10294934 core:ShareCapital 2021-03-31 10294934 core:RetainedEarningsAccumulatedLosses 2021-03-31 10294934 2021-04-01 2022-03-31 10294934 bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 10294934 bus:Audited 2021-04-01 2022-03-31 10294934 bus:Director40 2021-04-01 2022-03-31 10294934 1 2021-04-01 2022-03-31 10294934 2 2021-04-01 2022-03-31 10294934 core:LandBuildings 2021-04-01 2022-03-31 10294934 core:PlantMachinery 2021-04-01 2022-03-31 10294934 bus:Director1 2021-04-01 2022-03-31 10294934 bus:Director1 1 2021-04-01 2022-03-31 10294934 countries:England 2021-04-01 2022-03-31 10294934 bus:FRS102 2021-04-01 2022-03-31 10294934 bus:FullAccounts 2021-04-01 2022-03-31 10294934 bus:SmallCompaniesRegimeForAccounts 2021-04-01 2022-03-31 10294934 2022-03-31 10294934 core:WithinOneYear 2022-03-31 10294934 core:ShareCapital 2022-03-31 10294934 core:RetainedEarningsAccumulatedLosses 2022-03-31 10294934 core:LandBuildings 2022-03-31 10294934 core:PlantMachinery 2022-03-31 10294934 bus:Director1 1 2022-03-31 10294934 2021-03-31 10294934 core:LandBuildings 2021-03-31 10294934 core:PlantMachinery 2021-03-31 10294934 bus:Director1 1 2021-03-31 iso4217:GBP xbrli:pure