Company Registration No. 01896714 (England and Wales)
Alphacom Business Systems Limited
Unaudited accounts
for the year ended 31 May 2023
Alphacom Business Systems Limited
Unaudited accounts
Contents
Alphacom Business Systems Limited
Company Information
for the year ended 31 May 2023
Company Number
01896714 (England and Wales)
Registered Office
St Martin's House
59 St Martins Lane
London
C2n 4JS
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Alphacom Business Systems Limited
Statement of financial position
as at 31 May 2023
Investments
1,125,600
1,125,600
Cash at bank and in hand
112,169
194,129
Creditors: amounts falling due within one year
(2,268)
(7,340)
Net current assets
1,355,501
1,312,389
Net assets
1,757,963
1,312,389
Called up share capital
1,000
1,000
Profit and loss account
1,756,963
1,311,389
Shareholders' funds
1,757,963
1,312,389
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 6 February 2024 and were signed on its behalf by
Alan Paul Weaser
Director
Company Registration No. 01896714
Alphacom Business Systems Limited
Notes to the Accounts
for the year ended 31 May 2023
Alphacom Business Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 01896714. The registered office is St Martin's House, 59 St Martins Lane, London, C2n 4JS.
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.
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:
Plant & machinery
10% straight line
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added tax and trade discounts.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2022
-
4,729
4,729
Additions
402,462
-
402,462
At 31 May 2023
402,462
4,729
407,191
At 1 June 2022
-
4,729
4,729
At 31 May 2023
-
4,729
4,729
At 31 May 2023
402,462
-
402,462
Amounts falling due within one year
Alphacom Business Systems Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Investments held as current assets
2023
2022
Unlisted investments
1,125,600
1,125,600
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,308
6,392
8
Transactions with related parties
The company was under the control of Dedas Limited throughout the current year. Dedas Limited is personally interested in 100% of the company's share capital.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).