IRIS Accounts Production v24.3.0.553 05373420 director 1.4.23 31.3.24 31.3.24 0 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053734202023-03-31053734202024-03-31053734202023-04-012024-03-31053734202022-03-31053734202022-04-012023-03-31053734202023-03-3105373420ns15:EnglandWales2023-04-012024-03-3105373420ns14:PoundSterling2023-04-012024-03-3105373420ns10:Director12023-04-012024-03-3105373420ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105373420ns10:SmallEntities2023-04-012024-03-3105373420ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3105373420ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105373420ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105373420ns10:FullAccounts2023-04-012024-03-310537342012023-04-012024-03-3105373420ns5:CurrentFinancialInstruments2024-03-3105373420ns5:CurrentFinancialInstruments2023-03-3105373420ns5:ShareCapital2024-03-3105373420ns5:ShareCapital2023-03-3105373420ns5:RetainedEarningsAccumulatedLosses2024-03-3105373420ns5:RetainedEarningsAccumulatedLosses2023-03-3105373420ns10:RegisteredOffice2023-04-012024-03-3105373420ns5:NetGoodwill2023-04-012024-03-3105373420ns5:NetGoodwill2023-03-3105373420ns5:NetGoodwill2024-03-3105373420ns5:NetGoodwill2023-03-3105373420ns5:ComputerEquipment2023-03-3105373420ns5:ComputerEquipment2023-04-012024-03-3105373420ns5:ComputerEquipment2024-03-3105373420ns5:ComputerEquipment2023-03-3105373420ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3105373420ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 05373420 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Alan J Alford & Associates Limited

Alan J Alford & Associates Limited (Registered number: 05373420)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3

Report of the Accountants 6

Alan J Alford & Associates Limited (Registered number: 05373420)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 - 357
- 357

CURRENT ASSETS
Debtors 7 1,026 6,742
Cash at bank 25,459 39,226
26,485 45,968
CREDITORS
Amounts falling due within one year 8 7,231 6,474
NET CURRENT ASSETS 19,254 39,494
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,254

39,851

PROVISIONS FOR LIABILITIES 68 68
NET ASSETS 19,186 39,783

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,086 39,683
SHAREHOLDERS' FUNDS 19,186 39,783

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Alan J Alford & Associates Limited (Registered number: 05373420)

Balance Sheet - continued
31 March 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 director and authorised for issue on 1 October 2024 and were signed by:





Mr A Alford - Director


Alan J Alford & Associates Limited (Registered number: 05373420)

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

1. STATUTORY INFORMATION

Alan J Alford & Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05373420

Registered office: 8 Priors Way
Coggeshall Business Park
Coggeshall
Colchester
Essex
C06 1TW

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

Alan J Alford & Associates Limited (Registered number: 05373420)

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

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

4. EMPLOYEES AND DIRECTORS

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

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 30,000
AMORTISATION
At 1 April 2023
and 31 March 2024 30,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

Alan J Alford & Associates Limited (Registered number: 05373420)

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

6. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 2,627
DEPRECIATION
At 1 April 2023 2,270
Charge for year 357
At 31 March 2024 2,627
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 357

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 6,291
VAT 102 -
Prepayments 924 451
1,026 6,742

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 153 143
Tax 1,117 2,161
VAT - 1,850
Other creditors 1,365 -
Directors' current accounts 4,596 2,320
7,231 6,474

Alan J Alford & Associates Limited

Report of the Accountants to the Director of
Alan J Alford & Associates Limited

The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Amherst Accountancy
Room 2
1st Floor
7 Bligh's Walk
Sevenoaks
Kent
TN13 1DB


1 October 2024