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REGISTERED NUMBER: 07536974 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Alden Motor Holdings Limited

Alden Motor Holdings Limited (Registered number: 07536974)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Alden Motor Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs Z T Boulton
D C I Powell





REGISTERED OFFICE: Avon House
Hatters Lane
Chipping Sodbury
South Gloucestershire
BS37 6AA





REGISTERED NUMBER: 07536974 (England and Wales)





ACCOUNTANTS: Underwood Lamb Professional Services Ltd
Ground Floor, The Old Barn
Lady Farm
Chelwood
Bristol
BS39 4NN

Alden Motor Holdings Limited (Registered number: 07536974)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 580,000 580,000
Investments 5 735,300 735,300
1,315,300 1,315,300

CURRENT ASSETS
Debtors 6 24,744 21,693
Cash at bank 48,488 36,295
73,232 57,988
CREDITORS
Amounts falling due within one year 7 6,126 6,172
NET CURRENT ASSETS 67,106 51,816
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,382,406

1,367,116

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 1,382,306 1,367,016
SHAREHOLDERS' FUNDS 1,382,406 1,367,116

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 directors acknowledge their 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 Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:



D C I Powell - Director


Alden Motor Holdings Limited (Registered number: 07536974)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Alden Motor Holdings 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.

Preparation of consolidated financial statements
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The financial statements present the results of the parent company only and do not show the results of the group other than by way of note.

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
No depreciation is provided on the freehold property on the basis that the estimated residual value is not materially different from the carrying amount and therefore any depreciation would be immaterial.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2023
and 31 March 2024 580,000
NET BOOK VALUE
At 31 March 2024 580,000
At 31 March 2023 580,000

Alden Motor Holdings Limited (Registered number: 07536974)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 April 2023
and 31 March 2024 735,300
NET BOOK VALUE
At 31 March 2024 735,300
At 31 March 2023 735,300

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Dando's Motor Services Limited
Registered office: Avon House, Hatters Lane, Chipping Sodbury, South Gloucestershire, BS37 6AA
Nature of business: Sale & repair of new & secondhand motor vehicles
%
Class of shares: holding
Ordinary 100.00
31.3.24 31.3.23
£    £   
Aggregate capital and reserves 1,385,246 1,274,615
Profit for the year 110,631 37,162

Chipping Sodbury Motor Company Limited
Registered office: Avon House, Hatters Lane, Chipping Sodbury, South Gloucestershire, BS37 6AA
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings 24,000 21,000
Other debtors 744 693
24,744 21,693

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 3,586 3,633
Other creditors 2,540 2,539
6,126 6,172

Alden Motor Holdings Limited (Registered number: 07536974)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. RESERVES
Retained
earnings
£   

At 1 April 2023 1,367,016
Profit for the year 15,290
At 31 March 2024 1,382,306

9. RELATED PARTY TRANSACTIONS

The company was under the control of the directors Z T Boulton and D C I Powell throughout the current period.

During the period the company charged Dando's Motor Services Limited £24,000 (2023 - £24,000) in respect of management charges. At the year end £24,000 was due from Dando's Motor Services Ltd.