Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true12023-04-01falseNo description of principal activity1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03050953 2023-04-01 2024-03-31 03050953 2022-04-01 2023-03-31 03050953 2024-03-31 03050953 2023-03-31 03050953 c:Director1 2023-04-01 2024-03-31 03050953 d:OfficeEquipment 2023-04-01 2024-03-31 03050953 d:OfficeEquipment 2024-03-31 03050953 d:OfficeEquipment 2023-03-31 03050953 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03050953 d:Goodwill 2024-03-31 03050953 d:Goodwill 2023-03-31 03050953 d:CurrentFinancialInstruments 2024-03-31 03050953 d:CurrentFinancialInstruments 2023-03-31 03050953 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03050953 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03050953 d:ShareCapital 2024-03-31 03050953 d:ShareCapital 2023-03-31 03050953 d:RetainedEarningsAccumulatedLosses 2024-03-31 03050953 d:RetainedEarningsAccumulatedLosses 2023-03-31 03050953 c:FRS102 2023-04-01 2024-03-31 03050953 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03050953 c:FullAccounts 2023-04-01 2024-03-31 03050953 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03050953 2 2023-04-01 2024-03-31 03050953 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 03050953










ALIMAX PROPERTIES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
ALIMAX PROPERTIES LIMITED
REGISTERED NUMBER: 03050953

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
494
736

  
494
736

Current assets
  

Debtors: amounts falling due within one year
 6 
-
363

Cash at bank and in hand
  
764
1,296

  
764
1,659

Creditors: amounts falling due within one year
 7 
(4,013)
(3,629)

Net current liabilities
  
 
 
(3,249)
 
 
(1,970)

Total assets less current liabilities
  
(2,755)
(1,234)

  

Net liabilities
  
(2,755)
(1,234)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(2,757)
(1,236)

  
(2,755)
(1,234)


Page 1

 
ALIMAX PROPERTIES LIMITED
REGISTERED NUMBER: 03050953
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P M Dennison
Director

Date: 22 November 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ALIMAX PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Alimax Properties Limited is a private company limited by share and incorporated in England and Wales, registration number 03050953.  The registered office is C/O Larking Gowen 1st Floor Prospect House, Rouen Road, Norwich, Norfolk, United Kingdom, NR1 1RE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Going concern

The director believes that the company's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company's needs. The director has considered a period of twelve months from the date of approval of the financial statements. The director believes that no further disclosures relating to the company's ability to continue as a going concern need to be made in the financial statements.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.


Page 3

 
ALIMAX PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
33%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
ALIMAX PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
7,500



At 31 March 2024

7,500



Amortisation


At 1 April 2023
7,500



At 31 March 2024

7,500



Net book value



At 31 March 2024
-



At 31 March 2023
-



Page 5

 
ALIMAX PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
4,983



At 31 March 2024

4,983



Depreciation


At 1 April 2023
4,247


Charge for the year on owned assets
242



At 31 March 2024

4,489



Net book value



At 31 March 2024
494



At 31 March 2023
736


6.


Debtors

2024
2023
£
£


Other debtors
-
6

Tax recoverable
-
357

-
363


Page 6

 
ALIMAX PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
864
822

Other creditors
2,234
1,943

Accruals and deferred income
915
864

4,013
3,629



8.


Transactions with directors

At the year end the director was owed £1,234 (2023 £943). This is shown within Other creditors. Amounts advanced to the director during the year amounted to £5,969. Amounts repaid by the director amounted to £6,260.

 
Page 7