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REGISTERED NUMBER: 05969920 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Alida Group Limited

Alida Group Limited (Registered number: 05969920)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Alida Group Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: A Hayes
C Hayes





REGISTERED OFFICE: Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ





REGISTERED NUMBER: 05969920 (England and Wales)





ACCOUNTANTS: Ascendant Partners Limited
Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Alida Group Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Alida Group Limited for the year ended 30 June 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Alida Group Limited, as a body, in accordance with the terms of our engagement letter dated 18 October 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Alida Group Limited and state those matters that we have agreed to state to the Board of Directors of Alida Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alida Group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Alida Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Alida Group Limited. You consider that Alida Group Limited 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 financial statements of Alida Group Limited. 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 financial statements.






Ascendant Partners Limited
Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ


1 October 2024

Alida Group Limited (Registered number: 05969920)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 236,065 112,328
Investments 5 48,000 48,000
284,065 160,328

CURRENT ASSETS
Inventories 42,655 23,500
Debtors 6 814,954 97,837
Investments 7 247,080 -
Cash at bank 459,619 600,763
1,564,308 722,100
CREDITORS
Amounts falling due within one year 8 934,743 1,205,656
NET CURRENT ASSETS/(LIABILITIES) 629,565 (483,556 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

913,630

(323,228

)

CREDITORS
Amounts falling due after more than one
year

9

(121,570

)

(121,181

)

PROVISIONS FOR LIABILITIES (59,016 ) -
NET ASSETS/(LIABILITIES) 733,044 (444,409 )

CAPITAL AND RESERVES
Called up share capital 1,250 1,250
Share premium 29,750 29,750
Retained earnings 702,044 (475,409 )
SHAREHOLDERS' FUNDS 733,044 (444,409 )

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

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

Alida Group Limited (Registered number: 05969920)

Statement of Financial Position - continued
30 June 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:





C Hayes - Director


Alida Group Limited (Registered number: 05969920)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Alida Group 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.

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.

Going concern
The preparation of the financial statements requires the directors to make an assessment of the entity's ability to continue as a going concern. The directors have reviewed this and consider it appropriate to prepare the financial statements on a going concern basis.

Preparation of consolidated financial statements
The financial statements contain information about Alida Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Revenue
Revenue 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, whichever is the shorter.
Fixtures and fittings - 25% per annum on cost
Motor vehicles - 25% per annum on reducing balance
Computer equipment - 25% per annum on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


Alida Group Limited (Registered number: 05969920)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 11 ) .

Alida Group Limited (Registered number: 05969920)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 81,096 71,117 4,669 156,882
Additions 52,646 138,205 4,328 195,179
Disposals (1,889 ) (22,050 ) (773 ) (24,712 )
At 30 June 2024 131,853 187,272 8,224 327,349
DEPRECIATION
At 1 July 2023 6,060 36,746 1,748 44,554
Charge for year 28,559 26,144 1,748 56,451
Eliminated on disposal (39 ) (9,231 ) (451 ) (9,721 )
At 30 June 2024 34,580 53,659 3,045 91,284
NET BOOK VALUE
At 30 June 2024 97,273 133,613 5,179 236,065
At 30 June 2023 75,036 34,371 2,921 112,328

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 July 2023 71,117
Additions 138,205
Disposals (22,050 )
At 30 June 2024 187,272
DEPRECIATION
At 1 July 2023 36,746
Charge for year 26,144
Eliminated on disposal (9,231 )
At 30 June 2024 53,659
NET BOOK VALUE
At 30 June 2024 133,613
At 30 June 2023 34,371

Alida Group Limited (Registered number: 05969920)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 48,000
NET BOOK VALUE
At 30 June 2024 48,000
At 30 June 2023 48,000

The fixed asset investment comprises the ownership of 100% of the issued share capital of Hansons the Caterers Limited.

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 34,101 12,502
Amounts owed by related companies 165,733 1,227
Other debtors 11,500 2,750
Deferred tax asset - 81,358
Prepayments 559,870 -
771,204 97,837

Amounts falling due after more than one year:
Other debtors 43,750 -

Aggregate amounts 814,954 97,837

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Investment funds 247,080 -

Alida Group Limited (Registered number: 05969920)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,434 5,305
Other loans 23,012 22,508
Hire purchase contracts (see note 10) 23,270 14,473
Trade creditors 509,440 589,570
Amounts owed to related companies - 110,801
Corporation tax 226,633 -
Social security and other taxes 16,921 59,685
Other creditors 4,721 27,045
Directors' current accounts 38,212 374,669
Accruals and deferred income 87,100 1,600
934,743 1,205,656

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,567 5,434
Bank loans repayable in 2-5 years 17,528 17,110
Bank loans repayable after 5 years 5,123 11,107
Other loans - 1-2 years - 24,678
Other loans - 2-5 years - 44,031
Hire purchase contracts (see note 10) 93,352 18,821
121,570 121,181

Amounts falling due in more than five years:

Repayable by instalments
Bank loans repayable after 5 years 5,123 11,107

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 23,270 14,473
Between one and five years 93,352 18,821
116,622 33,294

Alida Group Limited (Registered number: 05969920)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

10. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2024 2023
£    £   
Within one year 53,004 91,167
Between one and five years - 40,081
53,004 131,248

11. RELATED PARTY DISCLOSURES

C Hayes, a director of the company, is also a director and shareholder of Chard Golden Limited, Alida Production Services Limited and Hansons the Caterers Limited. C Hayes was previously a director and shareholder of Dulwich Pantry Ltd.

During the year the company recharged costs to Chard Golden Limited of £8,685 (2023: £4,293) and provided funding of £99,769 (2023: £Nil).

The company also recharged costs of £70,000 (2023: £Nil) to Alida Production Services Limited.

Alida Group Limited made purchases of £155,117 (2023: £114,662) from Chard Golden Limited and £Nil (2023: £241) from Alida Production Services Limited.

Chard Golden Limited made payments on behalf of Alida Group Limited of £33,664 (2023: £Nil).

Alida Group Limited made payments on behalf of Alida Production Services Limited of £19,657 (2023: £Nil).

All funding balances are interest free and repayable on demand.

At the balance sheet date, the amounts outstanding were as follows:

2024 2023
Due from Due to Due from Due to
£ £ £ £
Chard Golden Limited 36,070 - - 37,499
Alida Production Services Limited 83,537 - 559 -
Hansons the Caterers Limited 46,126 - - 73,302
Dulwich Pantry Ltd - - 668 -
165,733 - 1,227 110,801

12. ULTIMATE CONTROLLING PARTY

The company is controlled by C Hayes.