ALVA NORGE LTD

Company Registration Number:
07877657 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

ALVA NORGE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ALVA NORGE LTD

Company Information

for the Period Ended 31 March 2023




Director: Ragnhild Totland
Secretary: Ragnhild Totland
Registered office: 26a
Burrows Road
London
NW10 5SG
Company Registration Number: 07877657 (England and Wales)

ALVA NORGE LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Property Management Company

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Ragnhild Totland

Secretary
Ragnhild Totland

This report was approved by the board of directors on 1 November 2023
And Signed On Behalf Of The Board By:

Name: Ragnhild Totland
Status: Director

ALVA NORGE LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 49,243 34,686
Cost of sales ( 2,677 ) ( 3,480 )
Gross Profit or (Loss) 46,566 34,852
Income from coronavirus (COVID-19) business support grants - 3,646
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 168,185 ) ( 66,028 )
Operating Profit or (Loss) ( 121,619 ) ( 31,176 )
Interest Payable and Similar Charges ( 592 ) ( 194 )
Profit or (Loss) Before Tax ( 122,211 ) ( 31,370 )
Profit or (Loss) for Period ( 122,211 ) ( 31,370 )

The notes form part of these financial statements

ALVA NORGE LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 47 47
Total fixed assets: 47 47
Current assets
Debtors: 5 539 3,711
Cash at bank and in hand: 2,086 30,249
Total current assets: 2,625 33,960
Creditors: amounts falling due within one year: 6 ( 86,788 ) ( 19,560 )
Net current assets (liabilities): ( 84,163 ) 14,400
Total assets less current liabilities: ( 84,116 ) 14,447
Creditors: amounts falling due after more than one year: 7 ( 20,583 ) ( 26,593 )
Total net assets (liabilities): ( 104,699 ) ( 12,146 )

The notes form part of these financial statements

ALVA NORGE LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 8 ( 92,607 ) ( 31,035 )
Profit and loss account: ( 12,192 ) 18,789
Shareholders funds: ( 104,699 ) ( 12,146 )

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 November 2023
And Signed On Behalf Of The Board By:

Name: Ragnhild Totland
Status: Director

The notes form part of these financial statements

ALVA NORGE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ALVA NORGE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

ALVA NORGE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

ALVA NORGE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2022 165 165
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 March 2023 165 165
Depreciation
At 01 April 2022 118 118
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2023 118 118
Net book value
At 31 March 2023 47 47
At 31 March 2022 47 47

ALVA NORGE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 2,949
Other debtors 539 762
Total 539 3,711

ALVA NORGE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 14,443 14,280
Taxation and social security 959 1,133
Accruals and deferred income 6,435 4,147
Other creditors 64,951
Total 86,788 19,560

ALVA NORGE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 20,583 26,593
Total 20,583 26,593

Bounce Back Loan

ALVA NORGE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

8. Revaluation reserve


2023
£
Balance at 01 April 2022 ( 31,035 )
Surplus or deficit after revaluation ( 61,572 )
Balance at 31 March 2023 ( 92,607 )