Company Registration No. 11795666 (England and Wales)
ALTERNATIVE MANAGEMENT & ADVISORY LTD
Unaudited accounts
for the year ended 30 January 2023
ALTERNATIVE MANAGEMENT & ADVISORY LTD
Unaudited accounts
Contents
ALTERNATIVE MANAGEMENT & ADVISORY LTD
Company Information
for the year ended 30 January 2023
Director
Brian Gerald Lonis
Company Number
11795666 (England and Wales)
Registered Office
33
The Ridgeway
Enfield
Middlesex
EN2 8PB
United Kingdom
Accountants
Stoke Newington Accountants & Tax Consultants Ltd
12E Manor Road
London
N16 5SA
ALTERNATIVE MANAGEMENT & ADVISORY LTD
Statement of financial position
as at 30 January 2023
Investment property
95,136
-
Cash at bank and in hand
167
100
Creditors: amounts falling due within one year
(95,587)
-
Net current (liabilities)/assets
(95,420)
100
Net (liabilities)/assets
(284)
100
Called up share capital
100
100
Profit and loss account
(384)
-
Shareholders' funds
(284)
100
For the year ending 30 January 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 22 October 2023 and were signed on its behalf by
Brian Gerald Lonis
Director
Company Registration No. 11795666
ALTERNATIVE MANAGEMENT & ADVISORY LTD
Notes to the Accounts
for the year ended 30 January 2023
ALTERNATIVE MANAGEMENT & ADVISORY LTD is a private company, limited by shares, registered in England and Wales, registration number 11795666. The registered office is 33, The Ridgeway, Enfield, Middlesex, EN2 8PB, United Kingdom.
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.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
ALTERNATIVE MANAGEMENT & ADVISORY LTD
Notes to the Accounts
for the year ended 30 January 2023
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
95,347
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Transactions with related parties
At the balance sheet date, where the director held controlling interests, the director was owed £95,347.
The controlling party was that of Brian Gerald Lonis as he holds all of the issued share capital of the company.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).