1 September 2022 false No description of principal activity Taxfiler 2023.10 03219024business:PrivateLimitedCompanyLtd2022-09-012023-03-31 032190242022-08-31 032190242022-09-012023-03-31 03219024business:AuditExemptWithAccountantsReport2022-09-012023-03-31 03219024business:FilletedAccounts2022-09-012023-03-31 032190242023-03-31 03219024business:Director12022-09-012023-03-31 03219024business:RegisteredOffice2022-09-012023-03-31 032190242022-08-31 03219024core:WithinOneYear2023-03-31 03219024core:WithinOneYear2022-08-31 03219024core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 03219024core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 03219024core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 03219024core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 03219024core:PreviouslyStatedAmount2023-03-31 03219024core:PreviouslyStatedAmount2022-08-31 03219024business:SmallEntities2022-09-012023-03-31 03219024countries:EnglandWales2022-09-012023-03-31 03219024core:FurnitureFittings2022-09-012023-03-31 03219024core:ComputerEquipment2022-09-012023-03-31 03219024core:Goodwill2022-08-31 03219024core:Goodwill2023-03-31 03219024core:FurnitureFittings2022-08-31 03219024core:ComputerEquipment2022-08-31 03219024core:FurnitureFittings2023-03-31 03219024core:ComputerEquipment2023-03-31 032190242021-06-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 03219024 (England and Wales)
Alliance Systems Ltd Unaudited accounts for the period from 1 September 2022 to 31 March 2023
Alliance Systems Ltd Unaudited accounts Contents
Page
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Alliance Systems Ltd Company Information for the period from 1 September 2022 to 31 March 2023
Director
Timothy Killeen
Company Number
03219024 (England and Wales)
Registered Office
The Old Bakery Canford Lane Bristol BS9 3DB
Accountants
HJP Chartered Audley House Northbridge Road Berkhamsted Herts HP4 1EH
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Alliance Systems Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
204 
Current assets
Debtors
214,561 
31,161 
Cash at bank and in hand
30,773 
196,848 
245,334 
228,009 
Creditors: amounts falling due within one year
(58,609)
(94,074)
Net current assets
186,725 
133,935 
Total assets less current liabilities
186,725 
134,139 
Provisions for liabilities
Deferred tax
- 
(39)
Net assets
186,725 
134,100 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
186,525 
133,900 
Shareholders' funds
186,725 
134,100 
For the period 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 5 September 2023 and were signed on its behalf by
Timothy Killeen Director Company Registration No. 03219024
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Alliance Systems Ltd Notes to the Accounts for the period from 1 September 2022 to 31 March 2023
1
Statutory information
Alliance Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 03219024. The registered office is The Old Bakery, Canford Lane, Bristol, BS9 3DB.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in GBP sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Fixtures & fittings
20% on cost
Computer equipment
25% on cost
Deferred taxation
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.
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Alliance Systems Ltd Notes to the Accounts for the period from 1 September 2022 to 31 March 2023
Leased assets
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2022
62,650 
At 31 March 2023
62,650 
Amortisation
At 1 September 2022
62,650 
At 31 March 2023
62,650 
Net book value
At 31 March 2023
- 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
14,290 
1,082 
15,372 
At 31 March 2023
14,290 
1,082 
15,372 
Depreciation
At 1 September 2022
14,289 
879 
15,168 
Charge for the period
1 
203 
204 
At 31 March 2023
14,290 
1,082 
15,372 
Net book value
At 31 March 2023
- 
- 
- 
At 31 August 2022
1 
203 
204 
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Alliance Systems Ltd Notes to the Accounts for the period from 1 September 2022 to 31 March 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,356 
25,655 
Amounts due from group undertakings etc.
151,028 
- 
Accrued income and prepayments
838 
1,031 
Other debtors
35,339 
4,475 
214,561 
31,161 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,862 
1,706 
VAT
8,616 
18,076 
Trade creditors
16,790 
24,229 
Taxes and social security
28,108 
41,713 
Other creditors
522 
807 
Accruals
2,711 
7,543 
58,609 
94,074 
8
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 March 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
1,209 
- 
9
Transactions with related parties
At the end of the period the company was owed money by the following companies: Cloud and More Limited, a company under common control - £35,165 (2022 - £nil) Simplify Technology Limited, parent company - £151,028 (2022 - £nil) During the period the company also paid management charges of £3,000 to Cloud and More Limited.
10
Controlling party
Alliance Systems Limited is 100% subsidiary of Simplify Technology Limited. Dividends of £23,430 were paid to the holding company in the period to 31 March 2023 (£nil- 2022).
11
Average number of employees
During the period the average number of employees was 9 (2022: 14).
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