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REGISTERED NUMBER: 13790372 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Alpha Commercial Finance Limited

Alpha Commercial Finance Limited (Registered number: 13790372)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Alpha Commercial Finance Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr M A Kidd





REGISTERED OFFICE: 1st & 2nd Floor
80 High Street
Yarm
North Yorkshire
TS15 9AP





REGISTERED NUMBER: 13790372 (England and Wales)





ACCOUNTANTS: Lyons Watson
Accountants & Business Advisers
Business Central
2 Union Square
Darlington
Co. Durham
DL1 1GL

Alpha Commercial Finance Limited (Registered number: 13790372)

Abridged Balance Sheet
31 December 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 10,894,202 3,500,000

CURRENT ASSETS
Debtors 6,883 1,613
Cash at bank 56,684 151,590
63,567 153,203
CREDITORS
Amounts falling due within one year 6,721,500 45,349
NET CURRENT (LIABILITIES)/ASSETS (6,657,933 ) 107,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,236,269

3,607,854

CREDITORS
Amounts falling due after more than one
year

4,050,005

3,620,005
NET ASSETS/(LIABILITIES) 186,264 (12,151 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 186,064 (12,351 )
186,264 (12,151 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 Commercial Finance Limited (Registered number: 13790372)

Abridged Balance Sheet - continued
31 December 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 31 December 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 director and authorised for issue on 28 August 2024 and were signed by:





Mr M A Kidd - Director


Alpha Commercial Finance Limited (Registered number: 13790372)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Alpha Commercial Finance 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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover
Turnover represents the value of work carried out during the year including amounts not yet invoiced, excluding value added tax. Income is being recognised according to the stage of completion of work done.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Information on loans is as follows:
Totals
£   
At 1 January 2023 3,500,000
Additions 7,394,202
At 31 December 2023 10,894,202