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REGISTERED NUMBER: 09936917 (England and Wales)















ALB ENTERPRISES LTD

Unaudited Financial Statements

for the Year Ended 31 January 2024






ALB ENTERPRISES LTD (Registered number: 09936917)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALB ENTERPRISES LTD

Company Information
for the Year Ended 31 January 2024







DIRECTORS: A M Barker
Mrs L K Barker





REGISTERED OFFICE: 1 Park View Court
St Paul's Road
Shipley
West Yorkshire
BD18 3DZ





REGISTERED NUMBER: 09936917 (England and Wales)





ACCOUNTANTS: Maclean & Company
1 Park View Court
St Paul's Road
Shipley
West Yorkshire
BD18 3DZ

ALB ENTERPRISES LTD (Registered number: 09936917)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 111,276 114,308

CURRENT ASSETS
Stocks 8,450 11,350
Cash at bank 51,445 78,577
59,895 89,927
CREDITORS
Amounts falling due within one year 5 23,621 27,367
NET CURRENT ASSETS 36,274 62,560
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,550

176,868

CREDITORS
Amounts falling due after more than one
year

6

59,603

94,965
NET ASSETS 87,947 81,903

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 87,847 81,803
SHAREHOLDERS' FUNDS 87,947 81,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

ALB ENTERPRISES LTD (Registered number: 09936917)

Balance Sheet - continued
31 January 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 7 October 2024 and were signed on its behalf by:





A M Barker - Director


ALB ENTERPRISES LTD (Registered number: 09936917)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

ALB ENTERPRISES LTD 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.

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 each asset over its estimated useful life.
Improvements to property - in accordance with the property
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, 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
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 13 (2023 - 11 ) .

ALB ENTERPRISES LTD (Registered number: 09936917)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 February 2023 85,639 89,915 175,554
Additions - 9,423 9,423
At 31 January 2024 85,639 99,338 184,977
DEPRECIATION
At 1 February 2023 25,752 35,494 61,246
Charge for year 4,292 8,163 12,455
At 31 January 2024 30,044 43,657 73,701
NET BOOK VALUE
At 31 January 2024 55,595 55,681 111,276
At 31 January 2023 59,887 54,421 114,308

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 9,077 9,598
Taxation 14,544 17,769
23,621 27,367

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 23,333 33,333
Other creditors 36,270 61,632
59,603 94,965

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 23,333 33,333