2022-12-01 07850019 2023-11-30 07850019 2022-12-01 2023-11-30 07850019 2022-11-30 07850019 2021-12-01 2022-11-30 07850019 uk-core:WithinOneYear 2022-11-30 07850019 uk-core:WithinOneYear 2023-11-30 07850019 uk-core:AfterOneYear 2022-11-30 07850019 uk-core:AfterOneYear 2023-11-30 07850019 uk-core:ShareCapital 2023-11-30 07850019 uk-core:ShareCapital 2022-11-30 07850019 uk-core:InvestmentPropertiesRevaluationReserve 2023-11-30 07850019 uk-core:InvestmentPropertiesRevaluationReserve 2022-11-30 07850019 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 07850019 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 07850019 uk-bus:Director1 2022-12-01 2023-11-30 07850019 uk-core:CostValuation 2022-11-30 07850019 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-11-30 07850019 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-11-30 07850019 uk-core:CostValuation 2023-11-30 07850019 uk-core:Non-currentFinancialInstruments 2023-11-30 07850019 uk-core:Non-currentFinancialInstruments 2022-11-30 07850019 uk-core:WithinOneYear uk-core:Secured 2023-11-30 07850019 uk-core:WithinOneYear uk-core:Secured 2022-11-30 iso4217:GBP xbrli:pure 07850019 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 07850019 uk-bus:FRS102 2022-12-01 2023-11-30 07850019 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 07850019 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Alpha Estates (Essex) Limited
Registered Number:07850019
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2023
Alpha Estates (Essex) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07850019
As at 30 November 2023
Alpha Estates (Essex) Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Financial assets
1,300,000
1,300,000
2
1,300,000
1,300,000
Current assets
Trade and other receivables
6,250
-
3
6,084
Cash and cash equivalents
9,470
9,470
12,334
Trade and other payables: amounts falling due within one
year
(305,128)
(319,305)
4
(292,794)
(309,835)
Net current liabilities
Total assets less current liabilities
990,165
1,007,206
Trade and other payables: amounts falling due after more
than one year
(410,161)
(353,653)
5
(42,477)
(42,477)
Provisions for liabilities
594,035
Net assets
554,568
Capital and reserves
Called up share capital
100
100
Fair value reserve
223,562
223,562
Retained earnings
370,373
330,906
594,035
554,568
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Bakshi Singh Director
These financial statements were approved and authorised for issue by the Board on 16 July 2024 and were signed by:
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4
Registered Number :
07850019
For the year ended 30 November 2023
Alpha Estates (Essex) Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 November 2023
Alpha Estates (Essex) Limited
Notes to the Financial Statements
Statutory Information
Alpha Estates (Essex) Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07850019.
Principal place of business:
11 Atcost Road
Barking
Essex
IG11 0EQ
Registered address:
41 Highwood Gardens
Ilford
Essex
IG5 0AZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents rents receivable.
Investment property
Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a fair value reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.Deferred tax is provided at the current rate of 19% on the amount of fair value reserve.
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6
For the year ended 30 November 2023
Alpha Estates (Essex) Limited
Notes to the Financial Statements Continued
2. Investments held as fixed assets
Other investments
Total
At 01 December 2022
1,300,000
1,300,000
Cost
£
£
At 30 November 2023
1,300,000
1,300,000
At 30 November 2023
Net book value
1,300,000
1,300,000
At 01 December 2022
1,300,000
1,300,000
3. Trade and other receivables
2022
2023
£
£
Trade debtors
-
6,250
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
80,021
77,268
Taxation and social security
10,824
11,568
Other creditors
228,460
216,292
319,305
305,128
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
353,653
410,161
6. Average number of persons employed
During the year the average number of employees was 0
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