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REGISTERED NUMBER: 04198407

















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Alfa Aggregates Products Limited

Alfa Aggregates Products Limited (Registered number: 04198407)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alfa Aggregates Products Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: R Bailey
S I Bailey



REGISTERED OFFICE: Kingsley Works
Kingsley
Nr Cheadle
Staffordshire
ST10 2DQ



REGISTERED NUMBER: 04198407



ACCOUNTANTS: Tranter Lowe (Oakengates) Limited
Chartered Accountants
International House
6 Market Street
Oakengates
Telford
Shropshire
TF2 6EF



SOLICITORS: Lanyon Bowdler
49 Church Street
Wellington
Telford

Alfa Aggregates Products Limited (Registered number: 04198407)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 218,009 226,842

CURRENT ASSETS
Stocks 265,980 302,359
Debtors 5 661,316 682,280
Cash at bank and in hand 453,922 366,809
1,381,218 1,351,448
CREDITORS
Amounts falling due within one year 6 552,192 636,437
NET CURRENT ASSETS 829,026 715,011
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,047,035

941,853

CREDITORS
Amounts falling due after more than one
year

7

(20,000

)

(30,000

)

PROVISIONS FOR LIABILITIES (14,321 ) (12,359 )
NET ASSETS 1,012,714 899,494

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,012,713 899,493
SHAREHOLDERS' FUNDS 1,012,714 899,494

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Alfa Aggregates Products Limited (Registered number: 04198407)

Balance Sheet - continued
30 June 2023


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 Board of Directors and authorised for issue on 4 March 2024 and were signed on its behalf by:





R Bailey - Director


Alfa Aggregates Products Limited (Registered number: 04198407)

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

1. STATUTORY INFORMATION

Alfa Aggregates Products Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Short leasehold - 2% on cost
Plant and machinery - at varying rates on cost
Motor vehicles - 20% on cost
Office & computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The Company makes contributions to employees' personal pension schemes. The pension cost charge represents contributions payable by the company to the funds and amounted to £51,678. (2022: £46,777).

Alfa Aggregates Products Limited (Registered number: 04198407)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery
£    £    £   
COST
At 1 July 2022 125,182 48,718 319,285
Additions - - 17,429
At 30 June 2023 125,182 48,718 336,714
DEPRECIATION
At 1 July 2022 - 13,718 274,070
Charge for year - 974 19,913
At 30 June 2023 - 14,692 293,983
NET BOOK VALUE
At 30 June 2023 125,182 34,026 42,731
At 30 June 2022 125,182 35,000 45,215

Office &
Motor computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 31,055 6,874 531,114
Additions - - 17,429
At 30 June 2023 31,055 6,874 548,543
DEPRECIATION
At 1 July 2022 9,990 6,494 304,272
Charge for year 4,995 380 26,262
At 30 June 2023 14,985 6,874 330,534
NET BOOK VALUE
At 30 June 2023 16,070 - 218,009
At 30 June 2022 21,065 380 226,842

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 417,567 425,092
Other debtors - 8,158
Loans to associated companies 215,867 215,867
Prepayments 27,882 33,163
661,316 682,280

Alfa Aggregates Products Limited (Registered number: 04198407)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 432,721 583,923
Tax 68,692 2,655
Social security and other taxes 26,695 3,951
Other creditors 6,731 27,781
Directors' current accounts 667 350
Accrued expenses 6,686 7,777
552,192 636,437

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 10,000 20,000
20,000 30,000

8. SECURED DEBTS

The bank borrowings are secured by a personal guarantee and mortgage from Mr R Bailey, director of the company.

9. RELATED PARTY DISCLOSURES

The Loans to and from associated companies relate to the inter-company indebtedness with Budget Power & Energy Limited, a company in which Mr R Bailey has a controlling interest.

Included in debtors is an inter-company balance of £215,867 (2022: £215,867). The loan is interest free and there are no set repayment dates.

During the year the Company paid £42,000 (2022: £42,000) to Budget Power & Energy Limited for management services.