Company Registration No. 08804447 (England and Wales)
ALT Equities Limited
Unaudited accounts
for the year ended 31 December 2023
ALT Equities Limited
Unaudited accounts
Contents
ALT Equities Limited
Company Information
for the year ended 31 December 2023
Company Number
08804447 (England and Wales)
Registered Office
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
ALT Equities Limited
Statement of financial position
as at 31 December 2023
Tangible assets
27,035
28,866
Cash at bank and in hand
94,688
291,986
Creditors: amounts falling due within one year
(14,721)
(77,564)
Net current assets
428,667
215,189
Total assets less current liabilities
455,702
244,055
Creditors: amounts falling due after more than one year
(578,542)
(315,889)
Net liabilities
(122,840)
(71,834)
Called up share capital
200
200
Profit and loss account
(123,040)
(72,034)
Shareholders' funds
(122,840)
(71,834)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2024 and were signed on its behalf by
Mark Alper
Director
Company Registration No. 08804447
ALT Equities Limited
Notes to the Accounts
for the year ended 31 December 2023
ALT Equities Limited is a private company, limited by shares, registered in England and Wales, registration number 08804447. The registered office is Brindley Goldstein Ltd, 103 High Street, Waltham Cross, EN8 7AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% straight line
Computer equipment
33 1/3% straight line
The director, having considered the net liability position of the company and made due enquiries, continues to adopt the going concern basis in preparing the financial statements as he will support the company and believes the company will continue in operation for the foreseeable future.
ALT Equities Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
47,084
7,238
54,322
At 31 December 2023
48,060
11,360
59,420
At 1 January 2023
20,801
4,655
25,456
Charge for the year
4,769
2,160
6,929
At 31 December 2023
25,570
6,815
32,385
At 31 December 2023
22,490
4,545
27,035
At 31 December 2022
26,283
2,583
28,866
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,716
6,083
Loans from directors
7,461
70,381
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
570,000
300,000
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100
100
100 Ordinary B shares of £1 each
100
100
ALT Equities Limited
Notes to the Accounts
for the year ended 31 December 2023
9
Transactions with related parties
The company was under the control of Mark Alper throughout the current year. Mark Alper is personally interested in 100% of the company's Class A ordinary shares. In addition, his wife Manuela Rathaus-Alper is in control of 100% of the company's Class B ordinary shares.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).