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Company Registration No. 03039779 (England and Wales)
Alexander Maltby Limited Unaudited accounts for the year ended 31 March 2023
Alexander Maltby Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,265 
42,373 
Current assets
Inventories
3,338,232 
3,310,117 
Debtors
287,701 
602,597 
Cash at bank and in hand
245 
245 
3,626,178 
3,912,959 
Creditors: amounts falling due within one year
(2,653,178)
(2,893,761)
Net current assets
973,000 
1,019,198 
Total assets less current liabilities
1,011,265 
1,061,571 
Creditors: amounts falling due after more than one year
(184,091)
(265,909)
Net assets
827,174 
795,662 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
827,074 
795,562 
Shareholders' funds
827,174 
795,662 
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 13 February 2024 and were signed on its behalf by
A O'N Maltby Director Company Registration No. 03039779
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Alexander Maltby Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Alexander Maltby Limited is a private company, limited by shares, registered in England and Wales, registration number 03039779. The registered office is 109 St. John's Hill, London, SW11 1SY.
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 year, 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 £ sterling.
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:
Plant & machinery
over 4 years
Motor vehicles
over 4 years
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Alexander Maltby Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
28,000 
190,101 
58,232 
276,333 
Additions
- 
2,911 
- 
2,911 
At 31 March 2023
28,000 
193,012 
58,232 
279,244 
Depreciation
At 1 April 2022
6,719 
169,009 
58,232 
233,960 
Charge for the year
305 
6,714 
- 
7,019 
At 31 March 2023
7,024 
175,723 
58,232 
240,979 
Net book value
At 31 March 2023
20,976 
17,289 
- 
38,265 
At 31 March 2022
21,281 
21,092 
- 
42,373 
5
Inventories
2023 
2022 
£ 
£ 
Work in progress
3,338,232 
3,310,117 
3,338,232 
3,310,117 
Stocks are measured at the lower of cost and estimated selling price less cost to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
70,215 
500,418 
Other debtors
217,486 
102,179 
287,701 
602,597 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
201,735 
321,988 
Trade creditors
1,570,520 
1,698,155 
Taxes and social security
530,667 
662,486 
Other creditors
306,693 
197,808 
Accruals
43,563 
13,324 
2,653,178 
2,893,761 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
184,091 
265,909 
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Alexander Maltby Limited Notes to the Accounts for the year ended 31 March 2023
9
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
41,018 
42,017 
Later than one year and not later than five years
73,859 
114,877 
Later than five years
81,250 
106,250 
196,127 
263,144 
10
Transactions with related parties
During the year the company made sales of £41,520 (2022 - £nil) to Alexander Maltby Construction Ltd a company under common control. At 31st March 2023 the balance outstanding to that company was £68,410 (2022 - debtor of £11,310). During the year the company made sales of £28,150 (2022 - £78,449) and paid rent of £12,500 (2022 - £12,500) to Roma Estates Ltd a company under common control. At 31st March 2023 the balance outstanding to that company was £37,559 (2022 - debtor of £26,572). During the year the company made sales of £61,520 (2022 - £73,538) to the Yellowhammer Partnership an entity under common control. At 31st March 2023 the balance outstanding to that entity was £92,063 (2022 - £26,682).
11
Controlling party
The ultimate controlling party is Mr. A O'N Maltby.
12
Average number of employees
During the year the average number of employees was 27 (2022: 44).
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