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REGISTERED NUMBER: 07442599 (England and Wales)



















Financial Statements

for the Year Ended 30 April 2024

for

Alhoma Limited

Alhoma Limited (Registered number: 07442599)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alhoma Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: M D Edmond
Mrs H E Edmond





REGISTERED OFFICE: The Old Post Office
21 The Settlement
Ockbrook
Derby
DE72 3RJ





REGISTERED NUMBER: 07442599 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Alhoma Limited (Registered number: 07442599)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 61,100 98,554
Investments 5 459,158 489,330
Investment property 6 100,000 100,000
620,258 687,884

CURRENT ASSETS
Debtors 7 4,135 3,951
Cash at bank 123,809 100,268
127,944 104,219
CREDITORS
Amounts falling due within one year 8 36,702 84,234
NET CURRENT ASSETS 91,242 19,985
TOTAL ASSETS LESS CURRENT
LIABILITIES

711,500

707,869

CREDITORS
Amounts falling due after more than one
year

9

51,803

58,702
NET ASSETS 659,697 649,167

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 11 57,485 87,657
Retained earnings 11 602,210 561,508
SHAREHOLDERS' FUNDS 659,697 649,167

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

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

Alhoma Limited (Registered number: 07442599)

Balance Sheet - continued
30 April 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by:





M D Edmond - Director


Alhoma Limited (Registered number: 07442599)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Alhoma 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income and net invoiced sales of services for the year, excluding value added tax where applicable. Rent receivable and services rendered are accounted for in the year in which the services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Investment property
Investment property is not depreciated but is revalued annually at its fair value in accordance with the Financial Reporting Standard 102. Any aggregate surplus or deficit arising from changes in fair value is recognised the profit and loss account and then transferred to a fair value reserve.

Pension costs and other post-retirement benefits
The company operates a defined contribution plan for its employees. Contributions payable are charged to profit or loss in the period to which they relate.

Fixed asset investments
Fixed asset investments are revalued annually to their fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account and transferred to a fair value reserve.

Deferred tax
A provision is made at current rates for taxation deferred in respect of all timing differences, including provisions made for potential tax arising on assets which have been revalued.

Hire purchase
Assets obtained under hire purchase contracts are capitalised in the balance sheet and are depreciated over their estimated useful lives.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

Alhoma Limited (Registered number: 07442599)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 May 2023 172,447
Additions 5,374
Disposals (70,991 )
At 30 April 2024 106,830
DEPRECIATION
At 1 May 2023 73,893
Charge for year 20,366
Eliminated on disposal (48,529 )
At 30 April 2024 45,730
NET BOOK VALUE
At 30 April 2024 61,100
At 30 April 2023 98,554

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023 489,330
Additions 201,399
Disposals (267,406 )
Revaluations 35,835
At 30 April 2024 459,158
NET BOOK VALUE
At 30 April 2024 459,158
At 30 April 2023 489,330

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2024 459,158

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 402,673 402,673

Alhoma Limited (Registered number: 07442599)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 100,000
NET BOOK VALUE
At 30 April 2024 100,000
At 30 April 2023 100,000

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 100,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 99,000 99,000
Aggregate depreciation (25,740 ) (23,760 )

Investment property was valued on a fair value basis on 30 April 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 4,135 3,951

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,899 44,556
Directors' loan account 28,253 38,048
Accruals and deferred income 1,550 1,630
36,702 84,234

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 51,803 58,702

Alhoma Limited (Registered number: 07442599)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 58,702 103,258

Hire purchase creditors are secured on the related assets.

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 May 2023 561,508 87,657 649,165
Profit for the year 10,530 10,530
Transfer to profit and loss 30,172 (30,172 ) -
At 30 April 2024 602,210 57,485 659,695