REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 |
FOR |
ALTEREGO (UK) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 |
FOR |
ALTEREGO (UK) LIMITED |
ALTEREGO (UK) LIMITED (REGISTERED NUMBER: 04781452) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 5 April 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ALTEREGO (UK) LIMITED |
COMPANY INFORMATION |
for the year ended 5 April 2023 |
DIRECTORS: |
SECRETARIES: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Windsor House |
Cornwall Road |
Harrogate |
North Yorkshire |
HG1 2PW |
ALTEREGO (UK) LIMITED (REGISTERED NUMBER: 04781452) |
BALANCE SHEET |
5 April 2023 |
5.4.23 | 5.4.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their 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. |
ALTEREGO (UK) LIMITED (REGISTERED NUMBER: 04781452) |
BALANCE SHEET - continued |
5 April 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
ALTEREGO (UK) LIMITED (REGISTERED NUMBER: 04781452) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 5 April 2023 |
1. | STATUTORY INFORMATION |
Alterego (UK) LImited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on the going concern basis which assumes the continued support of the bank and creditors and the company's ability to generate positive cash flow. In the opinion of the directors, the going concern basis is appropriate for the preparation of the accounts. |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
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. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
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 |
ALTEREGO (UK) LIMITED (REGISTERED NUMBER: 04781452) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 5 April 2023 |
4. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 6 April 2022 |
and 5 April 2023 |
NET BOOK VALUE |
At 5 April 2023 |
At 5 April 2022 |
Investments comprise an equity investment in Deakin Cleaning Services Limited. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.23 | 5.4.22 |
£ | £ |
Trade debtors |
Corporation tax recoverable | 7,582 | 7,582 |
Director's current account | 21,913 | 12,470 |
VAT |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.23 | 5.4.22 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Tax |
Social security and other taxes |
Pension scheme creditor | 18,833 | 6,565 |
Accruals and deferred income |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
5.4.23 | 5.4.22 |
£ | £ |
Bank loans - 2-5 years |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 5.4.23 | 5.4.22 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
ALTEREGO (UK) LIMITED (REGISTERED NUMBER: 04781452) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 5 April 2023 |
9. | RESERVES |
Retained |
earnings |
£ |
At 6 April 2022 | ( |
) |
Deficit for the year | ( |
) |
At 5 April 2023 | ( |
) |
10. | RELATED PARTY DISCLOSURES |
The ultimate controlling party is Mr J R Downs, a director of Alterego (UK) Limited, who holds 80% of the share capital. |
A salary of £14,400 was paid to Mr Downs. The company had an outstanding loan in the name of Mr Downs of £21,913 (2022 £12,470). The loan is interest free and payable on demand. |