REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31st July 2023 |
for |
Alpha Roofing (East Anglia) Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31st July 2023 |
for |
Alpha Roofing (East Anglia) Ltd |
Alpha Roofing (East Anglia) Ltd (Registered number: 07714549) |
Contents of the Financial Statements |
for the Year Ended 31st July 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Alpha Roofing (East Anglia) Ltd |
Company Information |
for the Year Ended 31st July 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 Orchard Close |
Biggleswade |
Bedfordshire |
SG18 0NE |
Alpha Roofing (East Anglia) Ltd (Registered number: 07714549) |
Balance Sheet |
31st July 2023 |
31/7/23 | 31/7/22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
Alpha Roofing (East Anglia) Ltd (Registered number: 07714549) |
Balance Sheet - continued |
31st July 2023 |
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 |
Alpha Roofing (East Anglia) Ltd (Registered number: 07714549) |
Notes to the Financial Statements |
for the Year Ended 31st July 2023 |
1. | STATUTORY INFORMATION |
Alpha Roofing (East Anglia) Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of 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 |
Plant and machinery etc | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Alpha Roofing (East Anglia) Ltd (Registered number: 07714549) |
Notes to the Financial Statements - continued |
for the Year Ended 31st July 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1st August 2022 |
Additions |
At 31st July 2023 |
DEPRECIATION |
At 1st August 2022 |
Charge for year |
At 31st July 2023 |
NET BOOK VALUE |
At 31st July 2023 |
At 31st July 2022 |
Included within the net book value of £58,421 is £20,032 (2022 - £30,049) relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amounted to £10,016 (2022 - £10,016). |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/7/23 | 31/7/22 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/7/23 | 31/7/22 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31/7/23 | 31/7/22 |
£ | £ |
Bank loans |
Hire purchase contracts |
Alpha Roofing (East Anglia) Ltd (Registered number: 07714549) |
Notes to the Financial Statements - continued |
for the Year Ended 31st July 2023 |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
As at 31 July 2023 the company owed £22,331 to the directors (2022 was owed by £234,201). This amount is shown in creditors amounts falling due within one year (2022 in debtors falling due within one year). |
9. | RELATED PARTY DISCLOSURES |
Alpha Properties (Cambridge) Limited |
As at 31 July 2023 the company was owed £496,338 by Alpha Properties (Cambridge) Ltd, a company owned and controlled by one of the directors. This loan is interest free and repayable on demand. |