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REGISTERED NUMBER: 11183066 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Alekstra UK Limited

Alekstra UK Limited (Registered number: 11183066)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alekstra UK Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Ms A K Hjorth
J J Lindholm





REGISTERED OFFICE: Innovation Centre
Gallows Hill
Warwick
Warwickshire
CV34 6UW





REGISTERED NUMBER: 11183066 (England and Wales)






Alekstra UK Limited (Registered number: 11183066)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 713 1,235

CURRENT ASSETS
Debtors 5 301,360 208,478
Cash at bank 10,356 47,583
311,716 256,061
CREDITORS
Amounts falling due within one year 6 72,936 64,208
NET CURRENT ASSETS 238,780 191,853
TOTAL ASSETS LESS CURRENT
LIABILITIES

239,493

193,088

CREDITORS
Amounts falling due after more than
one year

7

273,456

206,767
NET LIABILITIES (33,963 ) (13,679 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (33,964 ) (13,680 )
(33,963 ) (13,679 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Alekstra UK Limited (Registered number: 11183066)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by:




Ms A K Hjorth - Director



J J Lindholm - Director


Alekstra UK Limited (Registered number: 11183066)

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

1. STATUTORY INFORMATION

Alekstra UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis, which assumes that the company will continue to trade for at least one year from the date of approval of these financial statements by the directors and thereafter for the foreseeable future. The directors consider it appropriate to prepare the financial statements on this basis since the company's ultimate parent undertaking, Alekstra OY will provide sufficient funds to enable the company to meet its day to day working capital requirements. The financial statements do not include any judgement that would result from a withdrawal of the support by the ultimate parent undertaking.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Alekstra UK Limited (Registered number: 11183066)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 1,583
DEPRECIATION
At 1 January 2023 348
Charge for year 522
At 31 December 2023 870
NET BOOK VALUE
At 31 December 2023 713
At 31 December 2022 1,235

Alekstra UK Limited (Registered number: 11183066)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 235,634 147,902
Amounts owed by group undertakings 1 1
Other debtors 65,725 60,575
301,360 208,478

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 9,731 15,491
Taxation and social security 2,180 874
Other creditors 61,025 47,843
72,936 64,208

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed to group undertakings 273,456 206,767

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling company is Alekstra Oy.

The registered office of the company and its principle place of business is:
Lämmittäjänkatu 4 A
00880 Helsinki
Finland