ALEXANDER DAVID PROPERTY LTD |
Registered Number:07961238 |
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2023
ALEXANDER DAVID PROPERTY LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
ALEXANDER DAVID PROPERTY LTD
Statement of Financial Position
2022
2023
Property, plant and equipment |
3,127
2,980
2
3,127
2,980
Trade and other receivables |
10,711
16,094
3
47,392
Cash and cash equivalents |
80,897
96,991
58,103
Trade and other payables: amounts falling due within one |
year |
(137,469)
(218,961)
4
(79,366)
(121,970)
Net current liabilities
Total assets less current liabilities |
(118,843)
(76,386)
Trade and other payables: amounts falling due after more |
than one year |
(13,333)
(9,334)
5
(128,177)
Net liabilities
(89,719)
2
1
(128,179)
(89,720)
(128,177)
(89,719)
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 23 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2023
ALEXANDER DAVID PROPERTY LTD
Notes to the Financial Statements
Statutory Information
ALEXANDER DAVID PROPERTY LTD is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 07961238. |
Unit 9 97-101 Peregrine Road
Hainault Business Park
Hainault
Essex
IG6 3XH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 28 February 2023
ALEXANDER DAVID PROPERTY LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
17,313
8,756
8,557
699
699
-
8,557
9,455
18,012
Provision for depreciation and impairment |
14,333
7,834
6,499
Charge for year
552
243
309
14,885
8,077
6,808
1,749
1,378
3,127
2,058
922
2,980
3. Trade and other receivables |
2022
2023
14,785
9,387
1,309
1,324
10,711
16,094
The debtors above include the following amounts falling due after more than one year: |
559
574
4. Trade and other payables: amounts falling due within one year |
2022
2023
4,000
4,000
6,051
5,448
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
718
718
Taxation and social security |
5,928
6,146
202,264
121,157
218,961
137,469
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For the year ended 28 February 2023
ALEXANDER DAVID PROPERTY LTD
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
9,334
13,333
6. Related party transactions |
The company is owed £725,036 (2016 - £503,316) by Malibu Health Products Limited and the sales made to this |
company comprised |
£2,410,521 (2016 - £1,605,206). |
Purchases amounted to £nil (2016 - £nil) from Malibu Health Products Limited. |
The company paid management charges of £150,000 (2016 - £175,000) to Malibu Health Products Limited |
7. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1)
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