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REGISTERED NUMBER: 01584691 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ALDER GROUP LIMITED

ALDER GROUP LIMITED (REGISTERED NUMBER: 01584691)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALDER GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: B C Aldridge
G C Aldridge





SECRETARY: G C Aldridge





REGISTERED OFFICE: Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL





REGISTERED NUMBER: 01584691 (England and Wales)





ACCOUNTANTS: RJP LLP
Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL

ALDER GROUP LIMITED (REGISTERED NUMBER: 01584691)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 571,320 597,806
Investments 5 99 99
571,419 597,905

CURRENT ASSETS
Debtors 6 3,600 -
Cash at bank 230,173 176,530
233,773 176,530
CREDITORS
Amounts falling due within one year 7 521,203 571,594
NET CURRENT LIABILITIES (287,430 ) (395,064 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,989

202,841

PROVISIONS FOR LIABILITIES 8 31,747 28,356
NET ASSETS 252,242 174,485

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 252,142 174,385
SHAREHOLDERS' FUNDS 252,242 174,485

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:




G C Aldridge - Director


ALDER GROUP LIMITED (REGISTERED NUMBER: 01584691)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Alder Group 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.

Preparation of consolidated financial statements
The financial statements contain information about Alder Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents invoiced sales of management fees excluding Value Added Tax.

Turnover is recognised annually in accordance with the services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

The land element of freehold property is not depreciated. This is consistent with Companies Act 2006 which states that land is not depreciated as it is seen to have a finite useful life.

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 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.

ALDER GROUP LIMITED (REGISTERED NUMBER: 01584691)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 474,744 468,981 943,725
Additions - 23,253 23,253
Disposals - (7,700 ) (7,700 )
At 31 January 2024 474,744 484,534 959,278
DEPRECIATION
At 1 February 2023 69,445 276,474 345,919
Charge for year 2,915 44,114 47,029
Eliminated on disposal - (4,990 ) (4,990 )
At 31 January 2024 72,360 315,598 387,958
NET BOOK VALUE
At 31 January 2024 402,384 168,936 571,320
At 31 January 2023 405,299 192,507 597,806

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2023
and 31 January 2024 99
NET BOOK VALUE
At 31 January 2024 99
At 31 January 2023 99

Investments include shares held in a subsidiary company Alder Roofing Supplies Limited.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 3,600 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Amounts owed to group undertakings 453,413 512,143
Taxation and social security 30,802 28,331
Other creditors 36,988 31,120
521,203 571,594

ALDER GROUP LIMITED (REGISTERED NUMBER: 01584691)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 31,747 28,356

Deferred
tax
£   
Balance at 1 February 2023 28,356
Movement in the year 3,391
Balance at 31 January 2024 31,747

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1,000 Ordinary £0.10 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
Director
Balance outstanding at start of year (9,015 ) (15 )
Amounts advanced 93,527 99,023
Amounts repaid (91,470 ) (108,023 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (6,958 ) (9,015 )

Director
Balance outstanding at start of year (12,300 ) (96 )
Amounts advanced 141,687 113,433
Amounts repaid (138,316 ) (125,637 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (8,929 ) (12,300 )

11. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed Alder Roofing Supplies Limited £453,413 (2023 - £512,143). This loan is interest free.