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REGISTERED NUMBER: 10363699 (England and Wales)















Guy Alexander Limited

Unaudited Financial Statements

for the Year Ended 30 September 2023






Guy Alexander Limited (Registered number: 10363699)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Guy Alexander Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Mr G Alexander



REGISTERED OFFICE: Lakeside Offices
The Old Cattle Market
Coronation Park
HELSTON
Cornwall
TR13 0SR



REGISTERED NUMBER: 10363699 (England and Wales)



ACCOUNTANTS: Atkins Ferrie Chartered Accountants
Lakeside Offices
The Old Cattle Market
Coronation Park
Helston
Cornwall
TR13 0SR



BANKERS: Lloyds Bank
1 Market Place
Helston
Cornwall
TR13 8SU

Guy Alexander Limited (Registered number: 10363699)

Balance Sheet
30 September 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 37,534
- 37,534

CURRENT ASSETS
Debtors 6 - 59
Cash at bank 29,365 34,827
29,365 34,886
CREDITORS
Amounts falling due within one year 7 17,173 30,800
NET CURRENT ASSETS 12,192 4,086
TOTAL ASSETS LESS CURRENT LIABILITIES 12,192 41,620

CREDITORS
Amounts falling due after more than one year 8 - (22,762 )

PROVISIONS FOR LIABILITIES - (6,919 )
NET ASSETS 12,192 11,939

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,092 11,839
SHAREHOLDERS' FUNDS 12,192 11,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 March 2024 and were signed by:




Mr G Alexander - Director


Guy Alexander Limited (Registered number: 10363699)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Guy Alexander 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value [with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method].

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Guy Alexander Limited (Registered number: 10363699)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued

Going concern
The company ceased trading 30 September 2023. The financial statements are therefore prepared on a basis other than that of going concern. This includes recording assets at their recoverable amounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 October 2022 11,000
Disposals (11,000 )
At 30 September 2023 -
AMORTISATION
At 1 October 2022 11,000
Eliminated on disposal (11,000 )
At 30 September 2023 -
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1 October 2022 70,758 25,477 1,637 97,872
Additions 1,702 - 390 2,092
Disposals (72,460 ) (25,477 ) (2,027 ) (99,964 )
At 30 September 2023 - - - -
DEPRECIATION
At 1 October 2022 47,602 11,146 1,590 60,338
Eliminated on disposal (47,602 ) (11,146 ) (1,590 ) (60,338 )
At 30 September 2023 - - - -
NET BOOK VALUE
At 30 September 2023 - - - -
At 30 September 2022 23,156 14,331 47 37,534

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors - 59

Guy Alexander Limited (Registered number: 10363699)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Hire purchase contracts - 1,560
Trade creditors - 603
Taxation and social security 14,466 19,924
Other creditors 2,707 8,713
17,173 30,800

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Hire purchase contracts - 3,762
Other creditors - 19,000
- 22,762