REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 November 2023 |
for |
Alexandre Developments Limited |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 November 2023 |
for |
Alexandre Developments Limited |
Alexandre Developments Limited (Registered number: 03676134) |
Contents of the Financial Statements |
for the Year Ended 30 November 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Alexandre Developments Limited |
Company Information |
for the Year Ended 30 November 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Tax Advisors and Accountants |
2nd Floor, 2 Walsworth Road |
Hitchin |
Hertfordshire |
SG4 9SP |
Alexandre Developments Limited (Registered number: 03676134) |
Balance Sheet |
30 November 2023 |
30.11.23 | 30.11.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Capital redemption reserve | 9 |
Retained earnings | 9 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Alexandre Developments Limited (Registered number: 03676134) |
Balance Sheet - continued |
30 November 2023 |
The financial statements were approved by the director and authorised for issue on |
Alexandre Developments Limited (Registered number: 03676134) |
Notes to the Financial Statements |
for the Year Ended 30 November 2023 |
1. | STATUTORY INFORMATION |
Alexandre Developments Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Motor |
vehicles |
£ |
COST |
At 1 December 2022 |
and 30 November 2023 |
DEPRECIATION |
At 1 December 2022 |
Charge for year |
At 30 November 2023 |
NET BOOK VALUE |
At 30 November 2023 |
At 30 November 2022 |
Alexandre Developments Limited (Registered number: 03676134) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Trade creditors |
VAT | 1,967 | - |
Directors' current accounts | 603,893 | 715,841 |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Bank loans - 1-2 years |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.11.23 | 30.11.22 |
value: | £ | £ |
Ordinary | £1 | 50 | 50 |
9. | RESERVES |
Capital |
Retained | redemption |
earnings | reserve | Totals |
£ | £ | £ |
At 1 December 2022 | ( |
) | (170,755 | ) |
Deficit for the year | ( |
) | ( |
) |
At 30 November 2023 | ( |
) | (188,921 | ) |
10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
At the year end the company owed Mr L Houghton £603,893, (last year £715,841). |
Alexandre Developments Limited (Registered number: 03676134) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2023 |
11. | RELATED PARTY DISCLOSURES |
The company director, Lloyd Houghton is also a director of Costdeal Limited, a building and development company. During the year Alexandre Developments Limited paid Costdeal Limited £223,834, (Last year £233,475) for building works carried out on the company's sites. |
At the end of the year the company owed Costdeal Limited £570,513 (last year £660,678) by way of intercompany loan. |
12. | ULTIMATE CONTROLLING PARTY |
The company is under the control of Mr LV Houghton. |
13. | COMPANY BALANCE SHEET |
The company balance sheet is presently in deficit, the main creditors of the company are the director and the director's building company, neither require repayment until the company is in a position to do so. |