Company Registration No. 02317308 (England and Wales)
Alpha Properties (Brighton) Limited
Unaudited accounts
for the year ended 31 March 2023
Alpha Properties (Brighton) Limited
Unaudited accounts
Contents
Alpha Properties (Brighton) Limited
Company Information
for the year ended 31 March 2023
Directors
Aaron Harley
Charmaine Harley
Company Number
02317308 (England and Wales)
Registered Office
Ashmi Farm
Silver Street
BEDFORD
Bedfordshire
MK43 7QW
GBR
Alpha Properties (Brighton) Limited
Statement of financial position
as at 31 March 2023
Tangible assets
6,342,662
6,345,476
Cash at bank and in hand
64,267
81,052
Creditors: amounts falling due within one year
(98,383)
(90,662)
Net current assets
42,587
53,206
Total assets less current liabilities
6,385,249
6,398,682
Creditors: amounts falling due after more than one year
(2,537,763)
(2,537,763)
Provisions for liabilities
Other provisions
(577,260)
(577,260)
Net assets
3,270,226
3,283,659
Called up share capital
2
2
Capital contribution reserve
3,066,194
3,066,194
Profit and loss account
204,030
217,463
Shareholders' funds
3,270,226
3,283,659
For the year 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 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 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 of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by
Charmaine Harley
Director
Company Registration No. 02317308
Alpha Properties (Brighton) Limited
Notes to the Accounts
for the year ended 31 March 2023
Alpha Properties (Brighton) Limited is a private company, limited by shares, registered in England and Wales, registration number 02317308. The registered office is Ashmi Farm, Silver Street, BEDFORD, Bedfordshire, MK43 7QW, GBR.
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.
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:
Land & buildings
Dependent upon Valuation
Plant & machinery
Reducing Balance, Full Month, 25%
Motor vehicles
Reducing Balance, Full Month, 25%
Fixtures & fittings
Reducing Balance, Full Month, 25%
Computer equipment
SLDP, Full Month, 3 Years
The company is dependant for its ability to continue as a going concern on the continuing support of its director . The director is confident that the business condition will improve and consider that it is appropriate for the financial statements to be prepared on a going concern basis.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2022
6,333,818
102,072
16,475
2,027
1,518
6,455,910
At 31 March 2023
6,333,818
102,272
16,475
2,027
1,518
6,456,110
At 1 April 2022
-
100,845
7,299
1,714
576
110,434
Charge for the year
-
2,578
44
78
314
3,014
At 31 March 2023
-
103,423
7,343
1,792
890
113,448
At 31 March 2023
6,333,818
(1,151)
9,132
235
628
6,342,662
At 31 March 2022
6,333,818
1,227
9,176
313
942
6,345,476
Alpha Properties (Brighton) Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
72,167
59,022
Accrued income and prepayments
3,960
3,218
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,199
2,821
Taxes and social security
406
(4,292)
Loans from directors
95,778
92,133
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
2,537,763
2,537,763
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).