Company Registration No. 11943017 (England and Wales)
Alveary Limited
Unaudited accounts
for the year ended 30 April 2023
Alveary Limited
Unaudited accounts
Contents
Alveary Limited
Company Information
for the year ended 30 April 2023
Directors
Melissa Maclennan
Andrew Maclennan
Company Number
11943017 (England and Wales)
Registered Office
57 LEADHALL LANE
HARROGATE
NORTH YORKSHIRE
HG2 9NJ
ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Alveary Limited
Accountants' report
Accountants' report to the board of directors of Alveary Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Alveary Limited for the year ended
30 April 2023 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Alveary Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Alveary Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alveary Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Alveary Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Alveary Limited. You consider that Alveary Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Alveary Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
1 November 2023
Alveary Limited
Statement of financial position
as at 30 April 2023
Investment property
229,912
229,912
Cash at bank and in hand
1,713
782
Creditors: amounts falling due within one year
(249,606)
(258,970)
Net current liabilities
(25,066)
(29,382)
Total assets less current liabilities
204,857
200,629
Creditors: amounts falling due after more than one year
(160,700)
(160,700)
Called up share capital
100
100
Profit and loss account
44,057
39,829
Shareholders' funds
44,157
39,929
For the year ending 30 April 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 the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 January 2024 and were signed on its behalf by
Melissa Maclennan
Director
Company Registration No. 11943017
Alveary Limited
Notes to the Accounts
for the year ended 30 April 2023
Alveary Limited is a private company, limited by shares, registered in England and Wales, registration number 11943017. The registered office is 57 LEADHALL LANE, HARROGATE, NORTH YORKSHIRE, HG2 9NJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Alveary Limited
Notes to the Accounts
for the year ended 30 April 2023
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 May 2022
229,912
6
Investments
Subsidiary undertakings
Valuation at 1 May 2022
10
Valuation at 30 April 2023
10
Amounts falling due within one year
Amounts due from group undertakings etc.
222,827
228,806
8
Creditors: amounts falling due within one year
2023
2022
Loans from directors
248,076
257,440
9
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
160,700
160,700
Aggregate of amounts that fall due for payment after five years
160,700
160,700
Alveary Limited
Notes to the Accounts
for the year ended 30 April 2023
10
Transactions with related parties
At the year end, the company was owed £222,827 (2022 - £228,806) by Alveary Grange Limited, a 100% subsidiary. The loan is interest-free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 0 (2022: 0).