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Company Registration No. SC540280 (Scotland)
ALT Statements Limited Unaudited accounts for the year ended 31 July 2023
ALT Statements Limited Unaudited accounts Contents
Page
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ALT Statements Limited Company Information for the year ended 31 July 2023
Director
Alistair Turnbull
Company Number
SC540280 (Scotland)
Registered Office
149 Gilberstoun Edinburgh Midlothian EH15 2RA Scotland
Accountants
AGL Tax Solutions LLP 2A Station Yard Haddington East Lothian EH41 3PP
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ALT Statements Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
537 
788 
Current assets
Debtors
2,872 
1,506 
Cash at bank and in hand
6,506 
4,508 
9,378 
6,014 
Creditors: amounts falling due within one year
(9,356)
(6,709)
Net current assets/(liabilities)
22 
(695)
Net assets
559 
93 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
558 
92 
Shareholders' funds
559 
93 
For the year ending 31 July 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 20 February 2024 and were signed on its behalf by
Alistair Turnbull Director Company Registration No. SC540280
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ALT Statements Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
ALT Statements Limited is a private company, limited by shares, registered in Scotland, registration number SC540280. The registered office is 149 Gilberstoun, , Edinburgh, Midlothian, EH15 2RA, Scotland.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue. The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Computer equipment
20% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current 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.
Presentation currency
The accounts are presented in £ sterling.
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ALT Statements Limited Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2022
1,605 
At 31 July 2023
1,605 
Depreciation
At 1 August 2022
817 
Charge for the year
251 
At 31 July 2023
1,068 
Net book value
At 31 July 2023
537 
At 30 July 2022
788 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
2,872 
1,506 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
5,797 
5,269 
Other creditors
3,625 
- 
Loans from directors
(1,506)
- 
Accruals
1,440 
1,440 
9,356 
6,709 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Alistair Turnbull
Director's Loan
(1,506)
4,032 
408 
2,118 
(1,506)
4,032 
408 
2,118 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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