Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282022-03-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08091183 2022-03-01 2023-02-28 08091183 2021-03-01 2022-02-28 08091183 2023-02-28 08091183 2022-02-28 08091183 c:Director2 2022-03-01 2023-02-28 08091183 c:Director3 2022-03-01 2023-02-28 08091183 d:Buildings 2022-03-01 2023-02-28 08091183 d:Buildings 2023-02-28 08091183 d:Buildings 2022-02-28 08091183 d:Buildings d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 08091183 d:CurrentFinancialInstruments 2023-02-28 08091183 d:CurrentFinancialInstruments 2022-02-28 08091183 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 08091183 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 08091183 d:ShareCapital 2023-02-28 08091183 d:ShareCapital 2022-02-28 08091183 d:RetainedEarningsAccumulatedLosses 2023-02-28 08091183 d:RetainedEarningsAccumulatedLosses 2022-02-28 08091183 c:OrdinaryShareClass1 2022-03-01 2023-02-28 08091183 c:OrdinaryShareClass1 2023-02-28 08091183 c:OrdinaryShareClass1 2022-02-28 08091183 c:FRS102 2022-03-01 2023-02-28 08091183 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 08091183 c:FullAccounts 2022-03-01 2023-02-28 08091183 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 08091183 6 2022-03-01 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08091183









ALROY CONSULTING SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
ALROY CONSULTING SERVICES LTD
REGISTERED NUMBER: 08091183

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
408,900
417,600

Investments
 5 
375,102
375,000

  
784,002
792,600

Current assets
  

Debtors: amounts falling due within one year
 6 
26,913
5,869

Cash at bank and in hand
  
343,341
102,253

  
370,254
108,122

Creditors: amounts falling due within one year
 7 
(152,006)
(403,083)

Net current assets/(liabilities)
  
 
 
218,248
 
 
(294,961)

  

Net assets
  
1,002,250
497,639


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
1,002,150
497,539

  
1,002,250
497,639


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
ALROY CONSULTING SERVICES LTD
REGISTERED NUMBER: 08091183
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Allan Ben Waisman
Roy Freedman
Director
Director


Date: 16 November 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ALROY CONSULTING SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Alroy Consulting Services Ltd ("the company") is a private company limited by shares, incorporated in England and Wales. Its registration number is 08091183. The registered office is Group House, 703 High Road, London, N12 0BT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis.

 
2.3

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Rental income receivable by the company is recognised in accordance with the lease agreement.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Page 3

 
ALROY CONSULTING SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following annual bases:

Freehold property
-
2%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
ALROY CONSULTING SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Freehold property

£



Cost


At 1 March 2022
435,000



At 28 February 2023

435,000



Depreciation


At 1 March 2022
17,400


Charge for the year on owned assets
8,700



At 28 February 2023

26,100



Net book value



At 28 February 2023
408,900



At 28 February 2022
417,600


5.


Fixed asset investments





Investments in subsidiary companies
Investments in associates
Total

£
£
£



Cost or valuation


At 1 March 2022
-
375,000
375,000


Additions
102
14,850
14,952


Disposals
-
(14,850)
(14,850)



At 28 February 2023
102
375,000
375,102




Page 5

 
ALROY CONSULTING SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
10,000
-

Amounts owed by associates
16,000
4,763

Other debtors
-
600

Prepayments and accrued income
913
506

26,913
5,869



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
300
552

Amounts owed to associates
140,600
390,600

Corporation tax
10,806
11,931

Accruals and deferred income
300
-

152,006
403,083



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100,000 (2022 - 100,000) Ordinary shares of £0.001 each
100
100



9.


Related party transactions

At the balance sheet date, the company owed £140,600 (2022 - £390,600) to, and was owed £16,000 (2022 - £4,763) by, associated undertakings.
At the balance sheet date, the company was owed £10,000 
(2022 - £Nil) by subsidiaries.
During the year, rent of £41,600 
(2022 - £42,400) was charged to associated undertakings.
During the year, the company was charged £Nil 
(2022 - £60,000) by associated undertakings, and charged £45,000 (2022 - £40,000) to assocated undertakings, for management services.

 
Page 6