Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31falsefalsefalse2023-02-01No description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12516532 2023-02-01 2024-01-31 12516532 2022-02-01 2023-01-31 12516532 2024-01-31 12516532 2023-01-31 12516532 c:Director1 2023-02-01 2024-01-31 12516532 d:CurrentFinancialInstruments 2024-01-31 12516532 d:CurrentFinancialInstruments 2023-01-31 12516532 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 12516532 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 12516532 d:ShareCapital 2024-01-31 12516532 d:ShareCapital 2023-01-31 12516532 d:RetainedEarningsAccumulatedLosses 2024-01-31 12516532 d:RetainedEarningsAccumulatedLosses 2023-01-31 12516532 c:OrdinaryShareClass1 2023-02-01 2024-01-31 12516532 c:OrdinaryShareClass1 2024-01-31 12516532 c:OrdinaryShareClass1 2023-01-31 12516532 c:FRS102 2023-02-01 2024-01-31 12516532 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12516532 c:FullAccounts 2023-02-01 2024-01-31 12516532 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12516532 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12516532









ALPHA WAKEFIELD INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
ALPHA WAKEFIELD INVESTMENTS LIMITED
REGISTERED NUMBER: 12516532

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
1,441,357
1,167,759

Debtors: amounts falling due within one year
 5 
-
5,431

Cash at bank and in hand
 6 
21,817
37,070

  
1,463,174
1,210,260

Creditors: amounts falling due within one year
 7 
(1,567,620)
(1,242,433)

Net current liabilities
  
 
 
(104,446)
 
 
(32,173)

Total assets less current liabilities
  
(104,446)
(32,173)

  

Net liabilities
  
(104,446)
(32,173)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(104,546)
(32,273)

  
(104,446)
(32,173)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 October 2024.




Ugur Kaan Isbasaran
Page 1

 
ALPHA WAKEFIELD INVESTMENTS LIMITED
REGISTERED NUMBER: 12516532
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
ALPHA WAKEFIELD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Alpha Wakefield Investments Limited is a private company limited by share capital, incorporated in England and Wales, registration number 12516532. The address of the registered office is 291 Green Lanes, London N13 4XS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company accounts have been prepared on a going concern basis on the understanding that the company's shareholders will continue to provide financial support to the company for a period of at least twelve months from the approval of these financial statements.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
ALPHA WAKEFIELD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

2024
2023
£
£

Wages and salaries
47,725
-

Social security costs
5,837
-

53,562
-


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Stocks

2024
2023
£
£

Land and properties
1,441,357
1,167,759

1,441,357
1,167,759



5.


Debtors

2024
2023
£
£


Other debtors
-
5,431

-
5,431


Page 4

 
ALPHA WAKEFIELD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
21,817
37,070

21,817
37,070



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
58,592
2,537

Amounts owed to group undertakings
1,481,367
1,238,456

Other taxation and social security
17,562
-

Other creditors
2,769
-

Accruals and deferred income
7,330
1,440

1,567,620
1,242,433



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



9.


Transactions with directors

Amounts owed from the director as at 1 February 2023 £5,431
Amounts loaned to the company in the year £8,200
Amounts owed to the director at 31 January 2024 (£2,769)


10.


Related party transactions

Included within Other Creditors at the year end are loans due to shareholders of £1,481,367 (2023: £1,238,456). Interest of £12,582 (2022: £10,953) has been charged in the year on the loan amounts due.

 
Page 5