ALEXANDRA SYSTEMS LIMITED | |||||||||||
UNAUDITED FINANCIAL STATEMENTS | |||||||||||
FOR THE PERIOD ENDED | |||||||||||
31 DECEMBER 2022 | |||||||||||
Company Registration Number: 02012250 | |||||||||||
ALEXANDRA SYSTEMS LIMITED | |||||||||||
UNAUDITED FINANCIAL STATEMENTS | |||||||||||
FOR THE PERIOD ENDED 31 DECEMBER 2022 | |||||||||||
CONTENTS | PAGES | ||||||||||
Company information | 1 | ||||||||||
Balance sheet | 2 | ||||||||||
Notes to the financial statements | 3 to 7 | ||||||||||
ALEXANDRA SYSTEMS LIMITED | |||||||||||
COMPANY INFORMATION | |||||||||||
FOR THE PERIOD ENDED 31 DECEMBER 2022 | |||||||||||
DIRECTOR | |||||||||||
SECRETARY | |||||||||||
The company does not have an appointed secretary | |||||||||||
REGISTERED OFFICE | |||||||||||
COMPANY REGISTRATION NUMBER | |||||||||||
02012250 England and Wales | |||||||||||
ALEXANDRA SYSTEMS LIMITED | |||||||||||
BALANCE SHEET | |||||||||||
AS AT 31 DECEMBER 2022 | |||||||||||
Notes | 31/12/2022 | 30/04/2022 | |||||||||
£ | £ | ||||||||||
CURRENT ASSETS | |||||||||||
Debtors | 6 | ||||||||||
Cash at bank and in hand | |||||||||||
CREDITORS: Amounts falling due within one year | 7 | ||||||||||
NET CURRENT ASSETS | |||||||||||
NET ASSETS | |||||||||||
CAPITAL AND RESERVES | |||||||||||
Called up share capital | |||||||||||
Distributable profit and loss account | |||||||||||
SHAREHOLDER'S FUNDS | |||||||||||
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report. | |||||||||||
Signed on behalf of the board | |||||||||||
A P Tollett | |||||||||||
Director | |||||||||||
Date approved by the board: |
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ALEXANDRA SYSTEMS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE PERIOD ENDED 31 DECEMBER 2022 | |||||||||||
1 | GENERAL INFORMATION | ||||||||||
Alexandra Systems Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is: | |||||||||||
15 Wey Court | |||||||||||
Wey Manor Road | |||||||||||
New Haw | |||||||||||
Addlestone | |||||||||||
Surrey | |||||||||||
KT15 3JN | |||||||||||
The company ceased to trade on 31 December 2022. | |||||||||||
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ||||||||||
Basis of preparation of financial statements | |||||||||||
Going concern | |||||||||||
The accounts have been drawn up on a basis other than going concern as the company ceased to trade on 31 December 2022. As the going concern basis is not appropriate, adjustments have been made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise as a result of the cessation and to reclassify fixed assets as current assets. |
ALEXANDRA SYSTEMS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE PERIOD ENDED 31 DECEMBER 2022 | |||||||||||
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…) | ||||||||||
Tangible fixed assets | |||||||||||
Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses. | |||||||||||
Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives. | |||||||||||
Computer equipment | |||||||||||
On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses. | |||||||||||
Financial Instruments | |||||||||||
The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date. |
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. | |||||||||||
Impairment of non-financial assets | |||||||||||
At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account. | |||||||||||
If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account. |
ALEXANDRA SYSTEMS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE PERIOD ENDED 31 DECEMBER 2022 | |||||||||||
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…) | ||||||||||
Debtors | |||||||||||
Short term debtors are measured at transaction price, less any impairment. | |||||||||||
Creditors | |||||||||||
Taxation | |||||||||||
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits. | |||||||||||
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. | |||||||||||
3 | CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS | ||||||||||
No significant accounting estimates and judgements have had to be made by the director in preparing these financial statements. | |||||||||||
4 | EMPLOYEES | ||||||||||
The average number of persons employed by the company (including the director) during the period / year was: | |||||||||||
31/12/2022 | 30/04/2022 | ||||||||||
Average number of employees | |||||||||||
ALEXANDRA SYSTEMS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE PERIOD ENDED 31 DECEMBER 2022 | |||||||||||
5 | TANGIBLE ASSETS | ||||||||||
Computer equipment | |||||||||||
£ | |||||||||||
Cost | |||||||||||
At 1 May 2022 | |||||||||||
Disposals | ( |
||||||||||
At 31 December 2022 | - | ||||||||||
Accumulated depreciation and impairments | |||||||||||
At 1 May 2022 | |||||||||||
Disposals | ( |
||||||||||
At 31 December 2022 | - | ||||||||||
Net book value | |||||||||||
At 1 May 2022 | - | ||||||||||
6 | DEBTORS | ||||||||||
31/12/2022 | 30/04/2022 | ||||||||||
£ | £ | ||||||||||
Prepayments and accrued income | - | ||||||||||
Other debtors | |||||||||||
2,322 | 2,398 | ||||||||||
7 | CREDITORS: Amounts falling due within one year | ||||||||||
31/12/2022 | 30/04/2022 | ||||||||||
£ | £ | ||||||||||
Accruals and deferred income | |||||||||||
Other creditors | |||||||||||
4,814 | 9,888 | ||||||||||
ALEXANDRA SYSTEMS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE PERIOD ENDED 31 DECEMBER 2022 | |||||||||||
8 | RELATED PARTY TRANSACTIONS | ||||||||||
During the period / year, the following transactions with related parties took place: | |||||||||||
Director | 31/12/2022 | 30/04/2022 | |||||||||
£ | £ | ||||||||||
Advances from director | |||||||||||