ALEX DAVIES HOLDING LTD
Company registration number 10805753 (England and Wales)
ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
ALEX DAVIES HOLDING LTD
CONTENTS
Page
Balance sheet
2
Notes to the financial statements
3 - 4
ALEX DAVIES HOLDING LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
- 1 -

The director presents his annual report and financial statements for the year ended 31 March 2024.

Principal activities

The principal activity of the company continued to be that of holding company and new ventures.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr A Davies
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr A Davies
Director
12 July 2024
ALEX DAVIES HOLDING LTD
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
4
100
100
Current assets
Debtors
5
189,943
93,926
Cash at bank and in hand
37,135
76,890
227,078
170,816
Creditors: amounts falling due within one year
6
(58,888)
(36,451)
Net current assets
168,190
134,365
Net assets
168,290
134,465
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
168,289
134,464
Total equity
168,290
134,465

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 12 July 2024
Mr A Davies
Director
Company registration number 10805753 (England and Wales)
ALEX DAVIES HOLDING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Company information

Alex Davies Holding Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 17 Delaware Mansions, Maida Vale, London, W9 2LH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

ALEX DAVIES HOLDING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 4 -
1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
4
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
100
100
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
189,943
93,926
6
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
58,888
36,451
2024-03-312023-04-01false12 July 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr A Daviesfalsefalse108057532023-04-012024-03-3110805753bus:Director12023-04-012024-03-31108057532024-03-31108057532023-03-3110805753core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3110805753core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3110805753core:ShareCapital2024-03-3110805753core:ShareCapital2023-03-3110805753core:RetainedEarningsAccumulatedLosses2024-03-3110805753core:RetainedEarningsAccumulatedLosses2023-03-31108057532022-04-012023-03-3110805753core:CurrentFinancialInstruments2023-03-3110805753core:CurrentFinancialInstruments2024-03-3110805753bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110805753bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110805753bus:FRS1022023-04-012024-03-3110805753bus:AuditExemptWithAccountantsReport2023-04-012024-03-3110805753bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP