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REGISTERED NUMBER: 04938901












Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Alco Manufacturing Limited

Alco Manufacturing Limited (Registered number: 04938901)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Alco Manufacturing Limited

Company Information
for the year ended 30 November 2023







DIRECTORS: DJ Allen
Mrs N Allen





SECRETARY: DJ Allen





REGISTERED OFFICE: Unit 2
Rossfield Road
Rossmore Industrial Estate
Ellesmere Port
CH65 3BS





REGISTERED NUMBER: 04938901





ACCOUNTANTS: Hatcher Hughes Limited
Cassidy House
Station Road
Chester
Cheshire
CH1 3DW

Alco Manufacturing Limited (Registered number: 04938901)

Abridged Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 150,060 199,141
Investment property 5 380,916 291,634
530,976 490,775

CURRENT ASSETS
Stocks 5,200 5,200
Debtors 223,536 226,464
Cash at bank 1,232,197 1,165,674
1,460,933 1,397,338
CREDITORS
Amounts falling due within one year 253,869 291,542
NET CURRENT ASSETS 1,207,064 1,105,796
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,738,040

1,596,571

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 1,738,037 1,596,568
SHAREHOLDERS' FUNDS 8 1,738,040 1,596,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

Alco Manufacturing Limited (Registered number: 04938901)

Abridged Balance Sheet - continued
30 November 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 July 2024 and were signed on its behalf by:





DJ Allen - Director


Alco Manufacturing Limited (Registered number: 04938901)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Alco Manufacturing Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

Alco Manufacturing Limited (Registered number: 04938901)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

2. ACCOUNTING POLICIES - continued

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 8 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022 423,498
Additions 188,051
Disposals (229,263 )
At 30 November 2023 382,286
DEPRECIATION
At 1 December 2022 224,357
Charge for year 42,744
Eliminated on disposal (34,875 )
At 30 November 2023 232,226
NET BOOK VALUE
At 30 November 2023 150,060
At 30 November 2022 199,141

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 291,634
Additions 225,000
Disposals (135,718 )
At 30 November 2023 380,916
NET BOOK VALUE
At 30 November 2023 380,916
At 30 November 2022 291,634

Alco Manufacturing Limited (Registered number: 04938901)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
DJ Allen and Mrs N Allen
Balance outstanding at start of year (20 ) (5 )
Amounts advanced 6 -
Amounts repaid - (15 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (14 ) (20 )

7. RELATED PARTY DISCLOSURES

During 2023 the company made sales of £71,672 ( 2022- £69,814) and incurred costs of £36,934 (2022-£38.746) in relation to DG Components Ltd, a company in which Mr Allen is a Director and Shareholder.

8. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
30.11.23 30.11.22
£    £   
Profit for the financial year 215,639 216,395
Dividends (74,170 ) (68,300 )
Net addition to shareholders' funds 141,469 148,095
Opening shareholders' funds 1,596,571 1,448,476
Closing shareholders' funds 1,738,040 1,596,571