2023-03-01 07961238 2024-02-29 07961238 2023-03-01 2024-02-29 07961238 2023-02-28 07961238 2022-03-01 2023-02-28 07961238 uk-core:WithinOneYear 2023-02-28 07961238 uk-core:WithinOneYear 2024-02-29 07961238 uk-core:AfterOneYear 2023-02-28 07961238 uk-core:AfterOneYear 2024-02-29 07961238 uk-core:ShareCapital 2024-02-29 07961238 uk-core:ShareCapital 2023-02-28 07961238 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 07961238 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 07961238 uk-bus:Director1 2023-03-01 2024-02-29 07961238 uk-core:ToolsEquipment 2023-03-01 2024-02-29 07961238 uk-core:FurnitureFittings 2023-03-01 2024-02-29 07961238 uk-core:ToolsEquipment 2023-02-28 07961238 uk-core:FurnitureFittings 2023-02-28 07961238 uk-core:FurnitureFittings 2024-02-29 07961238 uk-core:ToolsEquipment 2024-02-29 07961238 uk-core:WithinOneYear 2024-02-29 07961238 uk-core:WithinOneYear 2023-02-28 07961238 uk-core:AfterOneYear uk-core:Secured 2024-02-29 07961238 uk-core:AfterOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure 07961238 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 07961238 uk-bus:FRS102 2023-03-01 2024-02-29 07961238 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 07961238 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
ALEXANDER DAVID PROPERTY LTD
Registered Number:07961238
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
ALEXANDER DAVID PROPERTY LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07961238
As at 29 February 2024
ALEXANDER DAVID PROPERTY LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
4,016
3,127
2
4,016
3,127
Current assets
Trade and other receivables
16,094
6,072
3
80,897
Cash and cash equivalents
38,404
44,476
96,991
Trade and other payables: amounts falling due within one
year
(218,962)
(73,351)
4
(121,971)
(28,875)
Net current liabilities
Total assets less current liabilities
(24,859)
(118,844)
Trade and other payables: amounts falling due after more
than one year
(9,334)
-
5
(24,859)
Net liabilities
(128,178)
Capital and reserves
Called up share capital
1
1
Retained earnings
(24,860)
(128,179)
(24,859)
(128,178)
Shareholders' funds
For the year ended 29 February 2024 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 29 February 2024 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.
DAVID ILAN Director
These financial statements were approved and authorised for issue by the Board on 25 July 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 29 February 2024
ALEXANDER DAVID PROPERTY LTD
Notes to the Financial Statements
Statutory Information
ALEXANDER DAVID PROPERTY LTD is a private limited company, limited by shares, domiciled in England and
Wales, registration number 07961238.
Registered address:
Unit 9 97-101 Peregrine Road
Hainault Business Park
Hainault
Essex
IG6 3XH
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Computer equipment
15% Reducing balance
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
For the year ended 29 February 2024
ALEXANDER DAVID PROPERTY LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 March 2023
18,012
9,455
8,557
1,609
-
1,609
Additions
At 29 February 2024
10,166
9,455
19,621
Provision for depreciation and impairment
At 01 March 2023
14,885
8,077
6,808
Charge for year
720
216
504
At 29 February 2024
15,605
8,293
7,312
At 29 February 2024
Net book value
2,854
1,162
4,016
At 28 February 2023
1,749
1,378
3,127
3. Trade and other receivables
2023
2024
£
£
Trade debtors
4,772
14,785
Other debtors
1,300
1,309
16,094
6,072
The debtors above include the following amounts falling due after more than one year:
Other debtors
-
559
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
4,000
Trade creditors
38,903
6,052
Taxation and social security
7,019
5,928
Other creditors
27,429
202,982
73,351
218,962
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6
For the year ended 29 February 2024
ALEXANDER DAVID PROPERTY LTD
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
9,334
6. Related party transactions
The company is owed £725,036 (2016 - £503,316) by Malibu Health Products Limited and the sales made to this
company comprised
£2,410,521 (2016 - £1,605,206).
Purchases amounted to £nil (2016 - £nil) from Malibu Health Products Limited.
The company paid management charges of £150,000 (2016 - £175,000) to Malibu Health Products Limited
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 1)
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