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REGISTERED NUMBER: 04104642 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

ALLIED FINANCE (UK) LIMITED

ALLIED FINANCE (UK) LIMITED (Registered number: 04104642)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

ALLIED FINANCE (UK) LIMITED

Company Information
for the Year Ended 31 May 2023







DIRECTORS: D Diggins
Mrs C Diggins





SECRETARY: D Diggins





REGISTERED OFFICE: 210 Petts Hill
Northolt
Middlesex
UB5 4NP





REGISTERED NUMBER: 04104642 (England and Wales)





ACCOUNTANTS: Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN

ALLIED FINANCE (UK) LIMITED (Registered number: 04104642)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,893 5,190

CURRENT ASSETS
Debtors 5 173,893 171,332
Cash at bank - 7,042
173,893 178,374
CREDITORS
Amounts falling due within one year 6 99,641 33,524
NET CURRENT ASSETS 74,252 144,850
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,145

150,040

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 78,143 150,038
SHAREHOLDERS' FUNDS 78,145 150,040

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by:





D Diggins - Director


ALLIED FINANCE (UK) LIMITED (Registered number: 04104642)

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

1. STATUTORY INFORMATION

ALLIED FINANCE (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.

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 - 25% on reducing balance

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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 26,443
DEPRECIATION
At 1 June 2022 21,253
Charge for year 1,297
At 31 May 2023 22,550
NET BOOK VALUE
At 31 May 2023 3,893
At 31 May 2022 5,190

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 173,893 171,332

ALLIED FINANCE (UK) LIMITED (Registered number: 04104642)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 24,692 -
Taxation and social security - 334
Other creditors 74,949 33,190
99,641 33,524

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £34,000 were paid to the directors .

Mr D Diggins is also a director in CDD Property Services Limited.

The loan outstanding by CDD Property Services Limited to the company in the amount of £169,410 at the previous year end remains outstanding at the current year end. This amount is included in 'Other Debtors'.

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr D Diggins and Mrs C Diggins by virtue of their ownership of 50% each of the issued share capital in the company.

ALLIED FINANCE (UK) LIMITED

Report of the Accountants to the Directors of
ALLIED FINANCE (UK) LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN


14 February 2024