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REGISTERED NUMBER: 00828089 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

A.& D.ALEXANDROU LIMITED

A.& D.ALEXANDROU LIMITED (REGISTERED NUMBER: 00828089)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.& D.ALEXANDROU LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr A D Alexandrou





REGISTERED OFFICE: 48 Wincanton Road
Romford
Essex
RM3 9DH





REGISTERED NUMBER: 00828089 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

A.& D.ALEXANDROU LIMITED (REGISTERED NUMBER: 00828089)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,796 10,052
Investment property 5 1,310,000 1,310,000
1,330,796 1,320,052

CURRENT ASSETS
Debtors 6 39,813 40,507
Cash at bank 179,528 180,279
219,341 220,786
CREDITORS
Amounts falling due within one year 7 173,057 158,623
NET CURRENT ASSETS 46,284 62,163
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,377,080

1,382,215

CREDITORS
Amounts falling due after more than one
year

8

(70,958

)

(102,782

)

PROVISIONS FOR LIABILITIES 10 (15,711 ) (18,568 )
NET ASSETS 1,290,411 1,260,865

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 1,290,311 1,260,765
SHAREHOLDERS' FUNDS 1,290,411 1,260,865

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.

A.& D.ALEXANDROU LIMITED (REGISTERED NUMBER: 00828089)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2024 and were signed by:





Mr A D Alexandrou - Director


A.& D.ALEXANDROU LIMITED (REGISTERED NUMBER: 00828089)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

A.& D.Alexandrou 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts 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.
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 2 (2023 - 2 ) .

A.& D.ALEXANDROU LIMITED (REGISTERED NUMBER: 00828089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 36,035 3,158 39,193
Additions 13,100 - 13,100
At 31 March 2024 49,135 3,158 52,293
DEPRECIATION
At 1 April 2023 26,029 3,112 29,141
Charge for year 2,310 46 2,356
At 31 March 2024 28,339 3,158 31,497
NET BOOK VALUE
At 31 March 2024 20,796 - 20,796
At 31 March 2023 10,006 46 10,052

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,310,000
NET BOOK VALUE
At 31 March 2024 1,310,000
At 31 March 2023 1,310,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2018 471,816
Cost 838,184
1,310,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 3,966 9,047
Other debtors - 89
Amount due from related party 33,198 29,598
Prepayments 2,649 1,773
39,813 40,507

A.& D.ALEXANDROU LIMITED (REGISTERED NUMBER: 00828089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts (see note 9) 18,387 -
Other loans (see note 9) 118,000 118,000
Trade creditors 648 746
Corporation tax 15,970 16,293
Social security and other taxes 105 1,410
Net Wages Payable 2,259 2,505
VAT 1,646 2,206
Other creditors - 941
Rent in advance 13,500 14,037
Directors' loan accounts 142 85
Accrued expenses 2,400 2,400
173,057 158,623

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans (see note 9) 70,958 102,782

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,853 -
Bank loans - 22,167
5,853 22,167

9. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.3.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 18,387 -
Shareholders Loan 118,000 118,000
136,387 118,000

Amounts falling due between one and two years:
Bank loans 30,942 80,615

Amounts falling due between two and five years:
Bank loans - 2-5 years 34,163 -

A.& D.ALEXANDROU LIMITED (REGISTERED NUMBER: 00828089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. LOANS - continued
31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 5,853 -
Bank loans - 22,167
5,853 22,167

10. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 15,711 18,568

Deferred
tax
£   
Balance at 1 April 2023 18,568
Provided during year (2,857 )
Balance at 31 March 2024 15,711

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

12. RESERVES


£

Distributable reserves834,206
Non-distributable reserves456,105
At 31 March 20241,290,311