IRIS Accounts Production v24.1.4.33 01610382 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh016103822023-03-31016103822024-03-31016103822023-04-012024-03-31016103822022-03-31016103822022-04-012023-03-31016103822023-03-3101610382ns15:EnglandWales2023-04-012024-03-3101610382ns14:PoundSterling2023-04-012024-03-3101610382ns10:Director12023-04-012024-03-3101610382ns10:Director22023-04-012024-03-3101610382ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3101610382ns10:SmallEntities2023-04-012024-03-3101610382ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3101610382ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3101610382ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3101610382ns10:FullAccounts2023-04-012024-03-3101610382ns10:OrdinaryShareClass12023-04-012024-03-3101610382ns10:OrdinaryShareClass22023-04-012024-03-3101610382ns10:OrdinaryShareClass32023-04-012024-03-3101610382ns10:OrdinaryShareClass42023-04-012024-03-3101610382ns10:Director32023-04-012024-03-3101610382ns10:CompanySecretary12023-04-012024-03-3101610382ns10:RegisteredOffice2023-04-012024-03-3101610382ns5:CurrentFinancialInstruments2024-03-3101610382ns5:CurrentFinancialInstruments2023-03-3101610382ns5:ShareCapital2024-03-3101610382ns5:ShareCapital2023-03-3101610382ns5:RetainedEarningsAccumulatedLosses2024-03-3101610382ns5:RetainedEarningsAccumulatedLosses2023-03-3101610382ns5:PlantMachinery2023-04-012024-03-3101610382ns5:FurnitureFittings2023-04-012024-03-3101610382ns5:MotorVehicles2023-04-012024-03-3101610382ns5:PlantMachinery2023-03-3101610382ns5:FurnitureFittings2023-03-3101610382ns5:MotorVehicles2023-03-3101610382ns5:PlantMachinery2024-03-3101610382ns5:FurnitureFittings2024-03-3101610382ns5:MotorVehicles2024-03-3101610382ns5:PlantMachinery2023-03-3101610382ns5:FurnitureFittings2023-03-3101610382ns5:MotorVehicles2023-03-3101610382ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3101610382ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3101610382ns10:OrdinaryShareClass12024-03-3101610382ns10:OrdinaryShareClass22024-03-3101610382ns10:OrdinaryShareClass32024-03-3101610382ns10:OrdinaryShareClass42024-03-31
REGISTERED NUMBER: 01610382 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Alphamation Limited

Alphamation Limited (Registered number: 01610382)






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


Alphamation Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: P J Smith
Mrs B W Smith
S A Smith



SECRETARY: Mrs B W Smith



REGISTERED OFFICE: 18A Covert Lane
Norton
Stourbridge
West Midlands
DY8 3YY



REGISTERED NUMBER: 01610382 (England and Wales)



ACCOUNTANTS: Pinfields Limited
Chartered Accountants
Meryll House
57 Worcester Road
Bromsgrove
Worcestershire
B61 7DN



BANKERS: Barclays Plc
81 High Street
Stourbridge
West Midlands
DY8 1EB

Alphamation Limited (Registered number: 01610382)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,582 15,168

CURRENT ASSETS
Stocks 15,400 16,706
Debtors 5 598,581 381,664
Cash at bank and in hand 850,284 980,501
1,464,265 1,378,871
CREDITORS
Amounts falling due within one year 6 240,873 202,594
NET CURRENT ASSETS 1,223,392 1,176,277
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,262,974

1,191,445

CAPITAL AND RESERVES
Called up share capital 7 103 103
Retained earnings 1,262,871 1,191,342
SHAREHOLDERS' FUNDS 1,262,974 1,191,445

Alphamation Limited (Registered number: 01610382)

Balance Sheet - continued
31 March 2024


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 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.

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 16 July 2024 and were signed on its behalf by:




P J Smith - Director



S A Smith - Director


Alphamation Limited (Registered number: 01610382)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Alphamation 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - at variable rates on reducing balance
Motor vehicles - 25% on reducing balance

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.


Alphamation Limited (Registered number: 01610382)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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.

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 17 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 80,014 75,910 112,732 268,656
Additions 8,550 34,750 - 43,300
Disposals - - (46,890 ) (46,890 )
At 31 March 2024 88,564 110,660 65,842 265,066
DEPRECIATION
At 1 April 2023 78,172 74,305 101,011 253,488
Charge for year 1,559 5,606 - 7,165
Eliminated on disposal - - (35,169 ) (35,169 )
At 31 March 2024 79,731 79,911 65,842 225,484
NET BOOK VALUE
At 31 March 2024 8,833 30,749 - 39,582
At 31 March 2023 1,842 1,605 11,721 15,168

Alphamation Limited (Registered number: 01610382)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 539,802 345,960
Bad debt provision - (32,775 )
Deferred tax asset 859 8,711
Accrued income 52,000 54,500
Prepayments 5,920 5,268
598,581 381,664

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 133,182 87,315
Tax 27,640 19,608
Social security and other taxes 15,214 11,177
Pensions 1,664 1,429
VAT 20,457 43,683
Wages control account 7,431 5,757
Directors' current accounts 5,133 7,582
Accrued expenses 30,152 26,043
240,873 202,594

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
1 Ordinary C £1 1 1
103 103

8. OTHER FINANCIAL COMMITMENTS

The company had total commitments under non-cancellable operating leases of £140,947 (2023 - £193,590).