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REGISTERED NUMBER: 06366032 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

ALFASOLVE LTD.

ALFASOLVE LTD. (REGISTERED NUMBER: 06366032)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALFASOLVE LTD.

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTOR: P Horeni





SECRETARY: Form Online Limited





REGISTERED OFFICE: Enterprise House
2 Pass Street
Oldham
Manchester
OL9 6HZ





REGISTERED NUMBER: 06366032 (England and Wales)





ACCOUNTANTS: BP & Co Chartered Accountants
Enterprise House
2 Pass Street
Oldham
Lancashire
OL9 6HZ

ALFASOLVE LTD. (REGISTERED NUMBER: 06366032)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 29,525 44,529
Investments 5 2,605 2,605
32,130 47,134

CURRENT ASSETS
Stocks 744 -
Debtors 6 255,109 275,441
Cash at bank and in hand 123,848 130,773
379,701 406,214
CREDITORS
Amounts falling due within one year 7 (192,117 ) (122,084 )
NET CURRENT ASSETS 187,584 284,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

219,714

331,264

CREDITORS
Amounts falling due after more than one
year

8

(9,098

)

(18,008

)
NET ASSETS 210,616 313,256

ALFASOLVE LTD. (REGISTERED NUMBER: 06366032)

BALANCE SHEET - continued
30 June 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 103 103
Share premium 38,626 38,626
Other reserves 10,066 10,066
Retained earnings 161,821 264,461
SHAREHOLDERS' FUNDS 210,616 313,256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 18 November 2024 and were signed by:





P Horeni - Director


ALFASOLVE LTD. (REGISTERED NUMBER: 06366032)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Alfasolve Ltd. 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.

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

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.

3. EMPLOYEES AND DIRECTORS

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

ALFASOLVE LTD. (REGISTERED NUMBER: 06366032)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 93,892
DEPRECIATION
At 1 July 2023 49,363
Charge for year 15,004
At 30 June 2024 64,367
NET BOOK VALUE
At 30 June 2024 29,525
At 30 June 2023 44,529

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023
and 30 June 2024 2,605
NET BOOK VALUE
At 30 June 2024 2,605
At 30 June 2023 2,605

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 74,911 51,732
Other debtors 180,198 223,709
255,109 275,441

ALFASOLVE LTD. (REGISTERED NUMBER: 06366032)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,642 14,642
Trade creditors 105,130 72,723
Taxation and social security 4,179 1,564
Other creditors 68,166 33,155
192,117 122,084

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 9,098 18,008