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REGISTERED NUMBER: SC373846 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

ALPHA FLUID POWER LIMITED

ALPHA FLUID POWER LIMITED (REGISTERED NUMBER: SC373846)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALPHA FLUID POWER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: J Falconer
Mrs M W Falconer





SECRETARY: Mrs M W Falconer





REGISTERED OFFICE: 5 Clydesdale Street
Larkhall
ML9 2AX





REGISTERED NUMBER: SC373846 (Scotland)





ACCOUNTANT: John Murphy & Company (Scotland) Limited
Chartered Accountants
Castle Chambers
67 Main Street
Bothwell
Lanarkshire
G71 8ER

ALPHA FLUID POWER LIMITED (REGISTERED NUMBER: SC373846)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 399 815

CURRENT ASSETS
Debtors 5 26,222 2,691
Cash at bank and in hand 24,405 36,840
50,627 39,531
CREDITORS
Amounts falling due within one year 6 28,523 6,424
NET CURRENT ASSETS 22,104 33,107
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,503

33,922

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 22,501 33,920
SHAREHOLDERS' FUNDS 22,503 33,922

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by:





J Falconer - Director


ALPHA FLUID POWER LIMITED (REGISTERED NUMBER: SC373846)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Alpha Fluid Power Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ALPHA FLUID POWER LIMITED (REGISTERED NUMBER: SC373846)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
Equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 10,368 17,874 3,048 31,290
DEPRECIATION
At 1 April 2022 10,356 17,873 2,246 30,475
Charge for year - - 416 416
At 31 March 2023 10,356 17,873 2,662 30,891
NET BOOK VALUE
At 31 March 2023 12 1 386 399
At 31 March 2022 12 1 802 815

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 25,834 2,114
Prepayments 388 577
26,222 2,691

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 914 -
Corporation tax 2,051 1,270
Payroll taxation 508 477
VAT 3,392 1,558
Directors' current accounts 20,395 1,916
Accrued charges 1,263 1,203
28,523 6,424

7. ULTIMATE CONTROLLING PARTY

The controlling party is J Falconer.