Registered number: 10412653

Alto It Ltd
Unaudited Financial Statements
for the year ended 31 October 2023

Statement of Financial Position

as at 31 October 2023

  2023
2022
   
££
 
££
Called up share capital not paid  
  -  
 
  -  
Fixed assets  
  -  
 
  1,021  
Current assets  
7,955    
 
31,075    
Prepayments and accrued income  
-    
 
-    
Creditors: amounts falling due within one year  
( 572 )  
 
( 23,198 )  
Net current assets (liabilities)  
  7,383  
 
  7,877  
Total assets less current liabilities  
  7,383  
 
  8,898  
Creditors: amounts falling due after more than one year  
  -  
 
  -  
Provisions for liabilities  
  -  
 
  -  
Accruals and deferred income  
  ( 406 )
 
  -  
Net assets  
  6,977  
 
  8,898  
   
Capital and reserves  
  6,977  
 
  8,898  

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Footnotes to the Statement of Financial Position

John Wynn

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

John Wynn

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £481 by John Wynn, a director of the company, on 01/11/2022.

During the accounting year the maximum amount repayable to John Wynn was £3,077

The following conditions are attached to amount payable to John Wynn:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid by the company.
Opening balance 01/11/2022 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 31/10/2023
£ £ £ £ £ £ £
3,077   ( 2,908 )
( 2,908 )
312
312  
0 0 0 481  

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

5. Going Concern

The company ceased to trade during the period and the accounts have been prepared on a break-up basis.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31/10/2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts

Company information

a) The company is registered in England and Wales

b) Company registration number - 10412653

c) The company is a private company and is limited by shares

d) The companies registered office address is W8a Knoll Business Centre 325-327 Old Shoreham Road, Hove, BN3 7GS, United Kingdom

e) Company ceased to trade on 31/10/2023



Approved by the board of directors and signed on behalf of the board,

Alto It Ltd
Director John Wynn
Date of approval: 18/04/2024
The company was trading for the entire period 2022-11-01 2023-10-31 2023-10-31 IT consultancy 2024-04-18 2024-04-18