1 March 2023 false No description of principal activity Taxfiler 2024.6 09439526business:PrivateLimitedCompanyLtd2023-03-012024-02-29 094395262023-02-28 094395262023-03-012024-02-29 09439526business:AuditExemptWithAccountantsReport2023-03-012024-02-29 09439526business:FilletedAccounts2023-03-012024-02-29 094395262024-02-29 09439526business:Director12023-03-012024-02-29 09439526business:RegisteredOffice2023-03-012024-02-29 094395262023-02-28 09439526core:WithinOneYear2024-02-29 09439526core:WithinOneYear2023-02-28 09439526core:AfterOneYear2024-02-29 09439526core:AfterOneYear2023-02-28 09439526core:SharePremiumcore:PreviouslyStatedAmount2024-02-29 09439526core:SharePremiumcore:PreviouslyStatedAmount2023-02-28 09439526core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 09439526core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09439526core:PreviouslyStatedAmount2024-02-29 09439526core:PreviouslyStatedAmount2023-02-28 09439526business:SmallEntities2023-03-012024-02-29 09439526countries:EnglandWales2023-03-012024-02-29 09439526core:FurnitureFittings2023-02-28 09439526core:FurnitureFittings2024-02-29 094395262022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 09439526 (England and Wales)
ALACRITY BUSINESS SOLUTIONS LIMITED Unaudited accounts for the year ended 29 February 2024
ALACRITY BUSINESS SOLUTIONS LIMITED Unaudited accounts Contents
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ALACRITY BUSINESS SOLUTIONS LIMITED Company Information for the year ended 29 February 2024
Director
Vinoth Kumar DORAISAMY
Company Number
09439526 (England and Wales)
Registered Office
207 ALTMORE AVENUE LONDON E6 2AD ENGLAND
Accountants
Orb7 Limited 53 Peartree Drive,Farnworth,Bolton,Lanca Manchester Bolton Lancashire BL4 9RR
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ALACRITY BUSINESS SOLUTIONS LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
110,000 
110,000 
Current assets
Debtors
- 
86 
Cash at bank and in hand
248 
7,826 
248 
7,912 
Creditors: amounts falling due within one year
(55,372)
(62,826)
Net current liabilities
(55,124)
(54,914)
Total assets less current liabilities
54,876 
55,086 
Creditors: amounts falling due after more than one year
(15,339)
(22,917)
Net assets
39,537 
32,169 
Capital and reserves
Share premium
1 
1 
Profit and loss account
39,536 
32,168 
Shareholders' funds
39,537 
32,169 
For the year ending 29 February 2024 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 November 2024 and were signed on its behalf by
Vinoth Kumar DORAISAMY Director Company Registration No. 09439526
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ALACRITY BUSINESS SOLUTIONS LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
ALACRITY BUSINESS SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09439526. The registered office is 207 ALTMORE AVENUE, LONDON, E6 2AD, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
2,400 
At 29 February 2024
2,400 
Depreciation
At 1 March 2023
2,400 
At 29 February 2024
2,400 
Net book value
At 29 February 2024
- 
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ALACRITY BUSINESS SOLUTIONS LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Investments
Other investments 
£ 
Valuation at 1 March 2023
110,000 
Valuation at 29 February 2024
110,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
86 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
333 
- 
Trade creditors
- 
1,100 
Other creditors
55,039 
61,246 
Accruals
- 
480 
55,372 
62,826 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,339 
22,917 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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