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REGISTERED NUMBER: SC206616 (Scotland)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ALPHA FENCING LIMITED

ALPHA FENCING LIMITED (REGISTERED NUMBER: SC206616)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


ALPHA FENCING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr M Annand
Mrs A J Annand



SECRETARY: Mr M Annand



REGISTERED OFFICE: Broomiesburn Road
Ellon
Aberdeenshire
AB41 9RD



REGISTERED NUMBER: SC206616 (Scotland)



ACCOUNTANTS: Bain Henry Reid
Chartered Accountants
28 Broad Street
Peterhead
Aberdeenshire
AB42 1BY



BANKERS: Bank of Scotland plc
39 Albyn Place
Aberdeen
AB10 1YN

ALPHA FENCING LIMITED (REGISTERED NUMBER: SC206616)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 255,274 242,559
Investments 5 105 105
255,379 242,664

CURRENT ASSETS
Stocks 4,220 4,220
Debtors 6 367,136 493,373
Cash at bank and in hand 171,859 70,246
543,215 567,839
CREDITORS
Amounts falling due within one year 7 254,735 304,868
NET CURRENT ASSETS 288,480 262,971
TOTAL ASSETS LESS CURRENT
LIABILITIES

543,859

505,635

CREDITORS
Amounts falling due after more than one year 8 (8,242 ) (3,146 )

PROVISIONS FOR LIABILITIES (54,409 ) (50,629 )
NET ASSETS 481,208 451,860

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 481,108 451,760
481,208 451,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

ALPHA FENCING LIMITED (REGISTERED NUMBER: SC206616)

BALANCE SHEET - continued
30 APRIL 2024


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 1 October 2024 and were signed on its behalf by:





Mr M Annand - Director


ALPHA FENCING LIMITED (REGISTERED NUMBER: SC206616)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Alpha Fencing Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, which ever is the shorter.
Plant and machinery etc - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at lower of cost and estimated selling price less costs to sell, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

ALPHA FENCING LIMITED (REGISTERED NUMBER: SC206616)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

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.

Going concern
At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operations for the foreseeable future, and therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2023 286,280 46,919 239,618 572,817
Additions 50,845 8,033 27,995 86,873
Disposals (11,500 ) - - (11,500 )
At 30 April 2024 325,625 54,952 267,613 648,190
DEPRECIATION
At 1 May 2023 162,651 45,025 122,582 330,258
Charge for year 35,098 1,660 36,257 73,015
Eliminated on disposal (10,357 ) - - (10,357 )
At 30 April 2024 187,392 46,685 158,839 392,916
NET BOOK VALUE
At 30 April 2024 138,233 8,267 108,774 255,274
At 30 April 2023 123,629 1,894 117,036 242,559

ALPHA FENCING LIMITED (REGISTERED NUMBER: SC206616)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2023 38,000 102,082 140,082
Additions 18,930 - 18,930
Transfer to ownership - (25,048 ) (25,048 )
At 30 April 2024 56,930 77,034 133,964
DEPRECIATION
At 1 May 2023 14,844 63,011 77,855
Charge for year 6,578 9,768 16,346
Transfer to ownership - (18,114 ) (18,114 )
At 30 April 2024 21,422 54,665 76,087
NET BOOK VALUE
At 30 April 2024 35,508 22,369 57,877
At 30 April 2023 23,156 39,071 62,227

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 105
NET BOOK VALUE
At 30 April 2024 105
At 30 April 2023 105

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 156,726 177,074
Amounts receivable from contracts 175,642 289,960
VAT 27,834 19,604
Prepayments 6,934 6,735
367,136 493,373

ALPHA FENCING LIMITED (REGISTERED NUMBER: SC206616)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 12,956 28,239
Trade creditors 189,070 216,133
Taxation 11,865 30,883
Social security and other taxes 27,502 17,294
Other creditors 13,342 12,319
254,735 304,868

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 8,242 3,146

9. RESERVES
Retained
earnings
£   

At 1 May 2023 451,760
Profit for the year 58,148
Dividends (28,800 )
At 30 April 2024 481,108

10. ULTIMATE CONTROLLING PARTY

M Annand, a director, together with members of his close family, control the company by virtue of an interest of 100% of the issued ordinary share capital of Hillhead Investments Limited, the parent company.