Acorah Software Products - Accounts Production 15.0.500 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 10996179 A B Alphonsus P Alphonsus iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10996179 2022-10-31 10996179 2023-10-31 10996179 2022-11-01 2023-10-31 10996179 frs-core:CurrentFinancialInstruments 2023-10-31 10996179 frs-core:Non-currentFinancialInstruments 2023-10-31 10996179 frs-core:ComputerEquipment 2023-10-31 10996179 frs-core:ComputerEquipment 2022-11-01 2023-10-31 10996179 frs-core:ComputerEquipment 2022-10-31 10996179 frs-core:FurnitureFittings 2022-11-01 2023-10-31 10996179 frs-core:MotorVehicles 2023-10-31 10996179 frs-core:MotorVehicles 2022-11-01 2023-10-31 10996179 frs-core:MotorVehicles 2022-10-31 10996179 frs-core:PlantMachinery 2022-11-01 2023-10-31 10996179 frs-core:ShareCapital 2023-10-31 10996179 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10996179 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10996179 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 10996179 frs-bus:SmallEntities 2022-11-01 2023-10-31 10996179 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10996179 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 10996179 frs-bus:Director1 2022-11-01 2023-10-31 10996179 frs-bus:Director2 2022-11-01 2023-10-31 10996179 frs-countries:EnglandWales 2022-11-01 2023-10-31 10996179 2021-10-31 10996179 2022-10-31 10996179 2021-11-01 2022-10-31 10996179 frs-core:CurrentFinancialInstruments 2022-10-31 10996179 frs-core:Non-currentFinancialInstruments 2022-10-31 10996179 frs-core:ShareCapital 2022-10-31 10996179 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 10996179
Alp Prestige Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10996179
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 57,519 56,523
57,519 56,523
CURRENT ASSETS
Debtors 5 6,745 6,745
Cash at bank and in hand 15,335 24,228
22,080 30,973
Creditors: Amounts Falling Due Within One Year 6 (140,964 ) (104,800 )
NET CURRENT ASSETS (LIABILITIES) (118,884 ) (73,827 )
TOTAL ASSETS LESS CURRENT LIABILITIES (61,365 ) (17,304 )
Creditors: Amounts Falling Due After More Than One Year 7 (45,109 ) (50,000 )
NET LIABILITIES (106,474 ) (67,304 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (106,476 ) (67,306 )
SHAREHOLDERS' FUNDS (106,474) (67,304)
Page 1
Page 2
For the year ending 31 October 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
P Alphonsus
Director
30/07/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Alp Prestige Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10996179 . The registered office is 396 Eastcote Lane, Harrow, HA2 9AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 5%
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
Page 3
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4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 November 2022 118,120 4,739 122,859
Additions 29,250 - 29,250
As at 31 October 2023 147,370 4,739 152,109
Depreciation
As at 1 November 2022 64,489 1,847 66,336
Provided during the period 27,146 1,108 28,254
As at 31 October 2023 91,635 2,955 94,590
Net Book Value
As at 31 October 2023 55,735 1,784 57,519
As at 1 November 2022 53,631 2,892 56,523
5. Debtors
2023 2022
£ £
Due after more than one year
Trade debtors 6,745 6,745
6,745 6,745
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 5,399
Other loans 53,494 28,929
VAT 10,733 7,079
Other creditors 76,737 63,393
140,964 104,800
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 45,109 50,000
45,109 50,000
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Page 5
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 5