Company Registration No. 08922362 (England and Wales)
Alex Christopher Investments Limited
Unaudited accounts
for the year ended 31 March 2023
Alex Christopher Investments Limited
Unaudited accounts
Contents
Alex Christopher Investments Limited
Company Information
for the year ended 31 March 2023
Company Number
08922362 (England and Wales)
Registered Office
2 Bawtry Road
Brinsworth
Rotherham
South Yorkshire
S60 5DN
UK
Accountants
Athelstan Accounting Ltd
14 Middletons Yard
Worksop
Nottinghamshire
S80 2FT
Alex Christopher Investments Limited
Accountants' report
Accountants' report to the director of Alex Christopher Investments Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Alex Christopher Investments Limited for the year ended
31 March 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Alex Christopher Investments Limited, as a body, in accordance with the terms of our engagement letter dated 19 December 2017. Our work has been undertaken solely to prepare for your approval the accounts of Alex Christopher Investments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alex Christopher Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Alex Christopher Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Alex Christopher Investments Limited. You consider that Alex Christopher Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Alex Christopher Investments 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 accounts.
Athelstan Accounting Ltd
14 Middletons Yard
Worksop
Nottinghamshire
S80 2FT
31 August 2023
Alex Christopher Investments Limited
Statement of financial position
as at 31 March 2023
Tangible assets
48,315
16,823
Investment property
1,953,773
1,943,885
Cash at bank and in hand
82,695
88,709
Creditors: amounts falling due within one year
(91,696)
(120,975)
Net current liabilities
(1,577)
(28,470)
Total assets less current liabilities
2,000,611
1,932,338
Creditors: amounts falling due after more than one year
(1,051,676)
(1,056,109)
Provisions for liabilities
Deferred tax
(130,445)
(130,445)
Net assets
818,490
745,784
Called up share capital
100
100
Revaluation reserve
556,160
556,160
Profit and loss account
262,230
189,524
Shareholders' funds
818,490
745,784
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 9 September 2023 and were signed on its behalf by
Alex Barrett
Director
Company Registration No. 08922362
Alex Christopher Investments Limited
Notes to the Accounts
for the year ended 31 March 2023
Alex Christopher Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 08922362. The registered office is 2 Bawtry Road, Brinsworth, Rotherham, South Yorkshire, S60 5DN, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover represents net invoiced sales of rental income excluding value added tax
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:
Plant & machinery
Reducing Balance 25%
Motor vehicles
Straight Line 25%
Fixtures & fittings
Reducing Balance 15%
Computer equipment
Straight Line 25%
Alex Christopher Investments Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
4,917
16,374
21,291
At 31 March 2023
37,895
16,374
54,269
At 1 April 2022
2,185
2,283
4,468
Charge for the year
683
803
1,486
At 31 March 2023
2,868
3,086
5,954
At 31 March 2023
35,027
13,288
48,315
At 31 March 2022
2,732
14,091
16,823
Fair value at 1 April 2022
1,943,885
At 31 March 2023
1,953,773
6
Investments
Subsidiary undertakings
Valuation at 1 April 2022
100
Valuation at 31 March 2023
100
Amounts falling due within one year
Accrued income and prepayments
1,374
2,296
Alex Christopher Investments Limited
Notes to the Accounts
for the year ended 31 March 2023
8
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
47,962
47,964
Obligations under finance leases and hire purchase contracts
2,544
-
Amounts owed to group undertakings and other participating interests
34,500
57,300
Taxes and social security
-
6,115
Other creditors
5,908
3,292
9
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
645,849
665,448
Obligations under finance leases and hire purchase contracts
20,331
-
Other creditors
150,000
150,000
Taxes and social security
9,667
-
Loans from directors
225,829
240,661
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).