ALKR Developments Limited 13039318 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is rental of property Digita Accounts Production Advanced 6.30.9574.0 true 13039318 2023-01-01 2023-12-31 13039318 2023-12-31 13039318 core:CurrentFinancialInstruments 2023-12-31 13039318 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13039318 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 13039318 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-12-31 13039318 core:ParentEntities 2023-12-31 13039318 bus:SmallEntities 2023-01-01 2023-12-31 13039318 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13039318 bus:FullAccounts 2023-01-01 2023-12-31 13039318 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13039318 bus:RegisteredOffice 2023-01-01 2023-12-31 13039318 bus:Director2 2023-01-01 2023-12-31 13039318 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13039318 core:Land 2023-01-01 2023-12-31 13039318 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-01-01 2023-12-31 13039318 core:OtherRelatedParties 2023-01-01 2023-12-31 13039318 core:ParentEntities 2023-01-01 2023-12-31 13039318 countries:EnglandWales 2023-01-01 2023-12-31 13039318 2022-12-31 13039318 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-12-31 13039318 core:ParentEntities 2022-12-31 13039318 2022-01-01 2022-12-31 13039318 2022-12-31 13039318 core:CurrentFinancialInstruments 2022-12-31 13039318 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 13039318 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 13039318 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-12-31 13039318 core:ParentEntities 2022-12-31 13039318 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-01-01 2022-12-31 13039318 2021-12-31 13039318 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2021-12-31 13039318 core:ParentEntities 2021-12-31 iso4217:GBP xbrli:pure

Registration number: 13039318

ALKR Developments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

ALKR Developments Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

ALKR Developments Limited

(Registration number: 13039318)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Stocks

5

53,930

53,930

Debtors

6

24,375

652

Cash at bank and in hand

 

1,006

65,636

 

79,311

120,218

Creditors: Amounts falling due within one year

7

(24,049)

(40,867)

Total assets less current liabilities

 

55,262

79,351

Creditors: Amounts falling due after more than one year

7

-

(24,637)

Net assets

 

55,262

54,714

Capital and reserves

 

Called up share capital

100

100

Retained earnings

55,162

54,614

Shareholders' funds

 

55,262

54,714

 

ALKR Developments Limited

(Registration number: 13039318)
Balance Sheet as at 31 December 2023

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 April 2024 and signed on its behalf by:
 

.........................................
Mrs Laura Grace Deller
Director

 

ALKR Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Oakleigh House
High Street
Hartley Wintney
Hampshire
RG27 8PE

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land

None

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

ALKR Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

4

Tangible assets

Cost or valuation

Depreciation

Carrying amount

At 31 December 2023

Included within the net book value of land and buildings above is £Nil (2022 - £Nil) in respect of freehold land and buildings.
 

5

Stocks

2023
£

2022
£

Other inventories

53,930

53,930

6

Debtors

Current

Note

2023
£

2022
£

Trade debtors

 

-

652

Amounts owed by related parties

8

24,375

-

   

24,375

652

 

ALKR Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

7

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Amounts owed to group undertakings and undertakings in which the company has a participating interest

23,420

23,420

Taxation and social security

129

16,947

Other creditors

500

500

24,049

40,867

Creditors: amounts falling due after more than one year

2023
£

2022
£

Due after one year

Other non-current financial liabilities

-

24,637

8

Related party transactions

Summary of transactions with entities with joint control or significant interest

During the year the company, ALKR Developments Limited, had a loan with Courts Design Limited. At the balance sheet date the balance owed to Courts Design Limited totalled £21,520. (2022: £21,520).

During the year the company, ALKR Developments Limited, had a loan with Courts Holdings Limited. At the balance sheet date the balance owed to Courts Holdings Limited totalled £1,900. (2022: £1,900).

 

Summary of transactions with other related parties

During the year the company, ALKR Developments Limited, had a loan with ALKR Investments Limited. At the balance sheet date the balance owed to ALKR Developements Limited totalled £24,375. (2022: NIL).
 

Loans to related parties

2023

Parent
£

Total
£

At start of period

(1,900)

(1,900)

At end of period

(1,900)

(1,900)

 

ALKR Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

2022

Parent
£

Total
£

At start of period

(1,900)

(1,900)

At end of period

(1,900)

(1,900)

Terms of loans to related parties

The company is wholly owned by Courts Holdings Limited
 

Loans from related parties

2023

Entities with joint control or significant influence
£

Total
£

At start of period

(21,520)

(21,520)

At end of period

(21,520)

(21,520)

2022

Entities with joint control or significant influence
£

Total
£

At start of period

(38,496)

(38,496)

Advanced

(93,024)

(93,024)

Repaid

110,000

110,000

At end of period

(21,520)

(21,520)

Terms of loans from related parties

Courts Design Limited is a company under common control