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Company Registration No. 10678889 (England and Wales)
Alexander Bros (SW) Ltd Unaudited accounts for the year ended 31 December 2023
Alexander Bros (SW) Ltd Unaudited accounts Contents
Page
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Alexander Bros (SW) Ltd Company Information for the year ended 31 December 2023
Director
D Alexander
Company Number
10678889 (England and Wales)
Registered Office
South Leigh Farm South Molton Devon EX36 3EH
Accountants
JD Accountants (South West) Ltd Suite 2, Riverside Court Castle Street Barnstaple Devon EX31 1DR
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Alexander Bros (SW) Ltd Accountants' report
Accountants' report to the director of Alexander Bros (SW) Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alexander Bros (SW) Ltd for the year ended 31 December 2023 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Alexander Bros (SW) Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Alexander Bros (SW) Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alexander Bros (SW) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Alexander Bros (SW) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Alexander Bros (SW) Ltd. You consider that Alexander Bros (SW) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Alexander Bros (SW) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
JD Accountants (South West) Ltd Suite 2, Riverside Court Castle Street Barnstaple Devon EX31 1DR 30 September 2024
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Alexander Bros (SW) Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
78,186 
95,152 
Current assets
Inventories
8,089 
8,089 
Debtors
92,458 
105,696 
Cash at bank and in hand
24 
24 
100,571 
113,809 
Creditors: amounts falling due within one year
(175,396)
(170,947)
Net current liabilities
(74,825)
(57,138)
Total assets less current liabilities
3,361 
38,014 
Creditors: amounts falling due after more than one year
(24,670)
(43,557)
Provisions for liabilities
Deferred tax
(2,790)
(5,613)
Net liabilities
(24,099)
(11,156)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(24,199)
(11,256)
Shareholders' funds
(24,099)
(11,156)
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2024 and were signed on its behalf by
D Alexander Director Company Registration No. 10678889
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Alexander Bros (SW) Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Alexander Bros (SW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10678889. The registered office is South Leigh Farm, South Molton, Devon, EX36 3EH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 Years Straight Line
Motor vehicles
5 Years Straight Line
Fixtures & fittings
5 Years Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
The company's accounts have been prepared on a going concern basis. Having reviewed the financial position for the next twelve months the directors believe that preparation of the accounts on a going concern basis to be appropriate.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
612 
At 31 December 2023
612 
Amortisation
At 1 January 2023
612 
At 31 December 2023
612 
Net book value
At 31 December 2023
- 
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Alexander Bros (SW) Ltd Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
53,894 
101,348 
25,398 
8,305 
188,945 
Additions
- 
- 
- 
222 
222 
At 31 December 2023
53,894 
101,348 
25,398 
8,527 
189,167 
Depreciation
At 1 January 2023
- 
70,084 
18,960 
4,749 
93,793 
Charge for the year
- 
14,492 
1,431 
1,265 
17,188 
At 31 December 2023
- 
84,576 
20,391 
6,014 
110,981 
Net book value
At 31 December 2023
53,894 
16,772 
5,007 
2,513 
78,186 
At 31 December 2022
53,894 
31,264 
6,438 
3,556 
95,152 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
70,647 
81,324 
Accrued income and prepayments
648 
627 
Other debtors
21,163 
23,745 
92,458 
105,696 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
50,037 
45,823 
Trade creditors
40,726 
45,314 
Taxes and social security
67,093 
60,346 
Other creditors
11,269 
12,258 
Accruals
6,271 
7,206 
175,396 
170,947 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,670 
43,557 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Alexander Bros (SW) Ltd Notes to the Accounts for the year ended 31 December 2023
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D Alexander
Directors Loan
23,745 
- 
2,582 
21,163 
23,745 
- 
2,582 
21,163 
11
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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