Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mrs J B Alken-Theasby 16/06/2020 Mr A D Alken-Theasby 16/05/2019 02 April 2024 The principal activity of the company is the construction and renovation of domestic buildings. 11998737 2023-03-31 11998737 bus:Director1 2023-03-31 11998737 bus:Director2 2023-03-31 11998737 2022-03-31 11998737 core:CurrentFinancialInstruments 2023-03-31 11998737 core:CurrentFinancialInstruments 2022-03-31 11998737 core:Non-currentFinancialInstruments 2023-03-31 11998737 core:Non-currentFinancialInstruments 2022-03-31 11998737 core:ShareCapital 2023-03-31 11998737 core:ShareCapital 2022-03-31 11998737 core:RetainedEarningsAccumulatedLosses 2023-03-31 11998737 core:RetainedEarningsAccumulatedLosses 2022-03-31 11998737 core:Vehicles 2022-03-31 11998737 core:OfficeEquipment 2022-03-31 11998737 core:Vehicles 2023-03-31 11998737 core:OfficeEquipment 2023-03-31 11998737 bus:OrdinaryShareClass1 2023-03-31 11998737 2022-04-01 2023-03-31 11998737 bus:FullAccounts 2022-04-01 2023-03-31 11998737 bus:SmallEntities 2022-04-01 2023-03-31 11998737 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 11998737 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11998737 bus:Director1 2022-04-01 2023-03-31 11998737 bus:Director2 2022-04-01 2023-03-31 11998737 core:Vehicles 2022-04-01 2023-03-31 11998737 core:OfficeEquipment core:TopRangeValue 2022-04-01 2023-03-31 11998737 2021-04-01 2022-03-31 11998737 core:OfficeEquipment 2022-04-01 2023-03-31 11998737 core:Non-currentFinancialInstruments 2022-04-01 2023-03-31 11998737 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 11998737 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11998737 (England and Wales)

ALKENBY BESPOKE HOMES LTD

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

ALKENBY BESPOKE HOMES LTD

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

ALKENBY BESPOKE HOMES LTD

COMPANY INFORMATION

For the financial year ended 31 March 2023
ALKENBY BESPOKE HOMES LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTORS Mrs J B Alken-Theasby
Mr A D Alken-Theasby
REGISTERED OFFICE Peggies
Dobbin Road
Trevone Bay
Padstow
United Kingdom
COMPANY NUMBER 11998737 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall TR1 2NA
ALKENBY BESPOKE HOMES LTD

BALANCE SHEET

As at 31 March 2023
ALKENBY BESPOKE HOMES LTD

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 23,498 29,669
23,498 29,669
Current assets
Debtors 4 143,822 118,729
Cash at bank and in hand 0 47,644
143,822 166,373
Creditors: amounts falling due within one year 5 ( 125,642) ( 114,150)
Net current assets 18,180 52,223
Total assets less current liabilities 41,678 81,892
Creditors: amounts falling due after more than one year 6 ( 34,980) ( 38,969)
Provision for liabilities 0 ( 5,636)
Net assets 6,698 37,287
Capital and reserves
Called-up share capital 7 1 1
Profit and loss account 6,697 37,286
Total shareholder's funds 6,698 37,287

For the financial 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.

Directors' responsibilities:

The financial statements of Alkenby Bespoke Homes Ltd (registered number: 11998737) were approved and authorised for issue by the Board of Directors on 02 April 2024. They were signed on its behalf by:

Mr A D Alken-Theasby
Director
ALKENBY BESPOKE HOMES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
ALKENBY BESPOKE HOMES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Alkenby Bespoke Homes Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Peggies, Dobbin Road, Trevone Bay, Padstow, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles 20 % reducing balance
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Vehicles Office equipment Total
£ £ £
Cost
At 01 April 2022 45,450 2,590 48,040
Additions 0 251 251
At 31 March 2023 45,450 2,841 48,291
Accumulated depreciation
At 01 April 2022 16,362 2,009 18,371
Charge for the financial year 5,818 604 6,422
At 31 March 2023 22,180 2,613 24,793
Net book value
At 31 March 2023 23,270 228 23,498
At 31 March 2022 29,088 581 29,669

4. Debtors

2023 2022
£ £
Trade debtors 0 60,147
Corporation tax 2,791 2,791
Other debtors 141,031 55,791
143,822 118,729

5. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans and overdrafts 20,981 6,126
Trade creditors 0 37,292
Other taxation and social security 31,518 20,143
Other creditors 73,143 50,589
125,642 114,150

6. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 34,980 38,969

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1