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REGISTERED NUMBER: 01866638 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Alphasymbol Limited

Alphasymbol Limited (Registered number: 01866638)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alphasymbol Limited

Company Information
for the Year Ended 31 DECEMBER 2023







DIRECTOR: Mrs Y Bull





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 01866638 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

Alphasymbol Limited (Registered number: 01866638)

Balance Sheet
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,511,821 3,971,278

CURRENT ASSETS
Debtors 5 3,073 32,209
Cash at bank and in hand 238,192 309,515
241,265 341,724
CREDITORS
Amounts falling due within one year 6 138,349 102,197
NET CURRENT ASSETS 102,916 239,527
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,614,737

4,210,805

PROVISIONS FOR LIABILITIES 190,000 60,000
NET ASSETS 4,424,737 4,150,805

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Investment property
revaluation reserve 7 2,503,027 2,090,027
Retained earnings 1,821,710 1,960,778
SHAREHOLDERS' FUNDS 4,424,737 4,150,805

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 her 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.

Alphasymbol Limited (Registered number: 01866638)

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.

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 20 September 2024 and were signed by:





Mrs Y Bull - Director


Alphasymbol Limited (Registered number: 01866638)

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

1. STATUTORY INFORMATION

Alphasymbol 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income and charges receivable, excluding value added tax.

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 - Revalued yearly on an open market basis
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit and loss.

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 represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 the deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

Alphasymbol Limited (Registered number: 01866638)

Notes to the Financial Statements - continued
for the Year Ended 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 January 2023 3,957,000 54,468 - 4,011,468
Additions - - 499 499
Revaluations 543,000 - - 543,000
At 31 December 2023 4,500,000 54,468 499 4,554,967
DEPRECIATION
At 1 January 2023 - 40,190 - 40,190
Charge for year - 2,856 100 2,956
At 31 December 2023 - 43,046 100 43,146
NET BOOK VALUE
At 31 December 2023 4,500,000 11,422 399 4,511,821
At 31 December 2022 3,957,000 14,278 - 3,971,278

Cost or valuation at 31 December 2023 is represented by:

Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
Valuation in 2007 193,027 - - 193,027
Valuation in 2013 1,620,000 - - 1,620,000
Valuation in 2022 337,000 - - 337,000
Valuation in 2023 543,000 - - 543,000
Cost 1,806,973 54,468 499 1,861,940
4,500,000 54,468 499 4,554,967

If freehold property had not been revalued it would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 1,806,973 1,806,973

The property was revalued at 31 December 2023 by the director.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 29,150
Prepayments 3,073 3,059
3,073 32,209

Alphasymbol Limited (Registered number: 01866638)

Notes to the Financial Statements - continued
for the Year Ended 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1,155 835
Tax 37,400 13,980
Social security and other taxes 3,011 2,198
VAT 12,117 13,443
Other creditors 12,755 12,755
Accruals and deferred income 71,911 58,986
138,349 102,197

7. RESERVES
Investment
property
revaluation
reserve
£   
At 1 January 2023 2,090,027
Revaluation in year 543,000
Deferred taxation adjustment (130,000 )

At 31 December 2023 2,503,027

8. ULTIMATE CONTROLLING PARTY

The company was controlled by the shareholders throughout this year and the previous year by virtue of their interests in the issued share capital in the company.