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REGISTERED NUMBER: 08962454 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR

ALASKA EQUIPMENT LIMITED

ALASKA EQUIPMENT LIMITED (REGISTERED NUMBER: 08962454)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALASKA EQUIPMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTOR: M J Hutchinson





REGISTERED OFFICE: Unit 3a Beehive Mill
Hebble End
Hebden Bridge
West Yorkshire
HX7 6HJ





REGISTERED NUMBER: 08962454 (England and Wales)





ACCOUNTANTS: Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD

ALASKA EQUIPMENT LIMITED (REGISTERED NUMBER: 08962454)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,658 2,147
1,658 2,147

CURRENT ASSETS
Stocks 17,936 20,270
Debtors 6 68,895 73,370
Cash at bank 190,372 157,113
277,203 250,753
CREDITORS
Amounts falling due within one year 7 192,414 161,829
NET CURRENT ASSETS 84,789 88,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,447

91,071

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 86,446 91,070
SHAREHOLDERS' FUNDS 86,447 91,071

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

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

The director acknowledges his 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 director and authorised for issue on 17th November 2023 and were signed by:





M J Hutchinson - Director


ALASKA EQUIPMENT LIMITED (REGISTERED NUMBER: 08962454)

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

1. STATUTORY INFORMATION

Alaska Equipment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - between 10 and 25 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 8 ) .

ALASKA EQUIPMENT LIMITED (REGISTERED NUMBER: 08962454)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2022
and 31st March 2023 10,000
AMORTISATION
At 1st April 2022
and 31st March 2023 10,000
NET BOOK VALUE
At 31st March 2023 -
At 31st March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st April 2022 12,098
Additions 375
At 31st March 2023 12,473
DEPRECIATION
At 1st April 2022 9,951
Charge for year 864
At 31st March 2023 10,815
NET BOOK VALUE
At 31st March 2023 1,658
At 31st March 2022 2,147

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 66,578 71,492
Prepayments and accrued income 2,317 1,878
68,895 73,370

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 16,676 20,865
Tax 16,466 10,598
Social security and other taxes 2,884 2,893
VAT 20,367 15,489
Pensions 1,142 1,665
Directors' current accounts 133,239 108,719
Accrued expenses 1,640 1,600
192,414 161,829

ALASKA EQUIPMENT LIMITED (REGISTERED NUMBER: 08962454)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1st April 2022 91,070
Profit for the year 23,376
Dividends (28,000 )
At 31st March 2023 86,446

10. RELATED PARTY DISCLOSURES

During the year dividends of £28,000 (2021 £28,000) were paid to the director.