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REGISTERED NUMBER: 06629961 (England and Wales)















ALBA CONSTRUCTION (MIDLANDS) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






ALBA CONSTRUCTION (MIDLANDS) LIMITED (REGISTERED NUMBER: 06629961)

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










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


ALBA CONSTRUCTION (MIDLANDS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr Bujar Cekrezi



SECRETARY:



REGISTERED OFFICE: 4 Highlands Court
Cranmore Avenue
Solihull
West Midlands
B90 4LE



BUSINESS ADDRESS: 18-22 Stoney Lane
Birmingham
West Midlands
B25 8YP



REGISTERED NUMBER: 06629961 (England and Wales)



ACCOUNTANTS: Shareef
Chartered Accountants
4 Highlands Court
Cranmore Avenue
Solihull
West Midlands
B90 4LE



BANKERS: Lloyds
Ariel House
2138 Coventry Road
Sheldon
Birmingham
West Midlands
B26 3JW

ALBA CONSTRUCTION (MIDLANDS) LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
ALBA CONSTRUCTION (MIDLANDS) 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.






Shareef
Chartered Accountants
4 Highlands Court
Cranmore Avenue
Solihull
West Midlands
B90 4LE


4 September 2024

ALBA CONSTRUCTION (MIDLANDS) LIMITED (REGISTERED NUMBER: 06629961)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 273,395 290,801
Investment property 5 528,914 528,914
802,309 819,715

CURRENT ASSETS
Stocks 2,168,000 1,929,156
Debtors 6 682,738 617,094
Cash at bank and in hand 113,972 72,521
2,964,710 2,618,771
CREDITORS
Amounts falling due within one year 7 1,885,172 1,593,547
NET CURRENT ASSETS 1,079,538 1,025,224
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,881,847

1,844,939

CREDITORS
Amounts falling due after more than one year 8 - 16,955
NET ASSETS 1,881,847 1,827,984

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,881,846 1,827,983
SHAREHOLDERS' FUNDS 1,881,847 1,827,984

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.

ALBA CONSTRUCTION (MIDLANDS) LIMITED (REGISTERED NUMBER: 06629961)

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 4 September 2024 and were signed by:





Mr Bujar Cekrezi - Director


ALBA CONSTRUCTION (MIDLANDS) LIMITED (REGISTERED NUMBER: 06629961)

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


1. STATUTORY INFORMATION

Alba Construction (Midlands) 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.

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.
Plant and machinery etc - 25% on reducing balance and 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.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


ALBA CONSTRUCTION (MIDLANDS) LIMITED (REGISTERED NUMBER: 06629961)

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


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 215,000 157,889 372,889
DEPRECIATION
At 1 April 2023 - 82,088 82,088
Charge for year - 17,406 17,406
At 31 March 2024 - 99,494 99,494
NET BOOK VALUE
At 31 March 2024 215,000 58,395 273,395
At 31 March 2023 215,000 75,801 290,801

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 528,914
NET BOOK VALUE
At 31 March 2024 528,914
At 31 March 2023 528,914

ALBA CONSTRUCTION (MIDLANDS) LIMITED (REGISTERED NUMBER: 06629961)

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


5. INVESTMENT PROPERTY - continued

In the director's opinion the value of the properties is £528,914.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 181,723 101,550
Amounts owed by participating interests 423,200 434,200
Other debtors 77,815 81,344
682,738 617,094

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 17,536 30,710
Trade creditors 254,372 135,833
Amounts owed to participating interests 100,000 100,000
Taxation and social security 42,093 35,571
Other creditors 1,471,171 1,291,433
1,885,172 1,593,547

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 16,955