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REGISTERED NUMBER: 06726850 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2024

for

Alpha Labour and Recruitment Limited

Alpha Labour and Recruitment Limited (Registered number: 06726850)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alpha Labour and Recruitment Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: D P Manterfield





REGISTERED OFFICE: 6-8 South Street
Sheffield
South Yorkshire
S2 5QY





REGISTERED NUMBER: 06726850 (England and Wales)





ACCOUNTANTS: Parkins Accountants Ltd
T/A, Parkins, Chartered Accountants
Moor Park House
Bawtry Rd
Wickersley
Rotherham
South Yorkshire
S66 2BL

Alpha Labour and Recruitment Limited (Registered number: 06726850)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108,003 227,747

CURRENT ASSETS
Debtors 5 2,681,986 2,280,242
Cash at bank and in hand 461,576 382,244
3,143,562 2,662,486
CREDITORS
Amounts falling due within one year 6 2,913,932 2,445,448
NET CURRENT ASSETS 229,630 217,038
TOTAL ASSETS LESS CURRENT
LIABILITIES

337,633

444,785

CREDITORS
Amounts falling due after more than one year 7 (111,028 ) (201,082 )

PROVISIONS FOR LIABILITIES 9 (27,001 ) (24,462 )
NET ASSETS 199,604 219,241

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 199,484 219,121
199,604 219,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Alpha Labour and Recruitment Limited (Registered number: 06726850)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2024 and were signed by:





D P Manterfield - Director


Alpha Labour and Recruitment Limited (Registered number: 06726850)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Alpha Labour and Recruitment 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.

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.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 20 ) .

Alpha Labour and Recruitment Limited (Registered number: 06726850)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 98,999 132,291 138,154 369,444
Additions - 11,850 - 11,850
Disposals (98,999 ) - - (98,999 )
At 31 March 2024 - 144,141 138,154 282,295
DEPRECIATION
At 1 April 2023 - 93,051 48,646 141,697
Charge for year - 10,218 22,377 32,595
At 31 March 2024 - 103,269 71,023 174,292
NET BOOK VALUE
At 31 March 2024 - 40,872 67,131 108,003
At 31 March 2023 98,999 39,240 89,508 227,747

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,503,454 2,187,498
Other debtors 136,970 90,974
Directors' current accounts 35,372 -
Prepayments 6,190 1,770
2,681,986 2,280,242

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 10,000 26,661
Hire purchase contracts 14,354 13,883
Trade creditors 533,447 438,876
Tax 157,562 20,959
Social security and other taxes 8,723 11,691
VAT 23,833 40,943
Factoring funding account 2,160,013 1,885,971
Directors' current accounts - 464
Accrued expenses 6,000 6,000
2,913,932 2,445,448

Alpha Labour and Recruitment Limited (Registered number: 06726850)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 13,228 88,521
Hire purchase contracts 97,800 112,561
111,028 201,082

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 26,661

Amounts falling due between two and five years:
Bank loans - 2-5 years 13,228 88,521

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 27,001 24,462

Deferred
tax
£   
Balance at 1 April 2023 24,462
Provided during year 2,539
Balance at 31 March 2024 27,001