Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-0111falseeditorial consultancytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11776215 2023-04-01 2024-03-31 11776215 2022-04-01 2023-03-31 11776215 2024-03-31 11776215 2023-03-31 11776215 c:Director1 2023-04-01 2024-03-31 11776215 d:OfficeEquipment 2023-04-01 2024-03-31 11776215 d:OfficeEquipment 2024-03-31 11776215 d:OfficeEquipment 2023-03-31 11776215 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11776215 d:CurrentFinancialInstruments 2024-03-31 11776215 d:CurrentFinancialInstruments 2023-03-31 11776215 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11776215 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11776215 d:ShareCapital 2024-03-31 11776215 d:ShareCapital 2023-03-31 11776215 d:RetainedEarningsAccumulatedLosses 2024-03-31 11776215 d:RetainedEarningsAccumulatedLosses 2023-03-31 11776215 c:FRS102 2023-04-01 2024-03-31 11776215 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11776215 c:FullAccounts 2023-04-01 2024-03-31 11776215 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11776215 2 2023-04-01 2024-03-31 11776215 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 11776215














ALTERNITY LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
ALTERNITY LIMITED
 

CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 
ALTERNITY LIMITED
REGISTERED NUMBER:11776215

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,474
1,984

Current assets
  

Debtors: amounts falling due within one year
 5 
16,316
23,681

Cash at bank and in hand
  
125,246
103,728

  
141,562
127,409

Creditors: amounts falling due within one year
 6 
(24,449)
(22,206)

Net current assets
  
 
 
117,113
 
 
105,203

  

Net assets
  
119,587
107,187


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
119,586
107,186

  
119,587
107,187


Page 1

 
ALTERNITY LIMITED
REGISTERED NUMBER:11776215
    
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 statement of comprehensive income 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: 




S Paul-Choudhury
Director

Date: 2 December 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

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

1.


General information

Alternity Limited is a limited liability company registered in England and Wales. Its registered office address is at 2nd Floor Connaught House, 1-3 Mount Street, London, W1K 3NB.

The principal activity of the company is that of editorial consultancy.

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 following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of amounts invoiced during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

Interest income

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

 
2.4

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 provided on the following basis:

Office equipment
-
25%
straight line

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

Page 3

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

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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 at an annual general meeting.


3.


Employees




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


4.


Tangible fixed assets





Office equipment

£



Cost


At 1 April 2023
6,636


Additions
1,797



At 31 March 2024

8,433



Depreciation


At 1 April 2023
4,652


Charge for the year on owned assets
1,307



At 31 March 2024

5,959



Net book value



At 31 March 2024
2,474



At 31 March 2023
1,984

Page 4

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

5.


Debtors

2024
2023
£
£


Other debtors
796
-

Prepayments and accrued income
15,520
23,681

16,316
23,681



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Taxation and social security
18,798
17,038

Other creditors
2,021
2,143

Accruals and deferred income
3,630
3,025

24,449
22,206



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



5 (2023 - 5) Ordinary shares and 5 (2023 - 5) Ordinary A shares of £0.10 each
1
1


 
Page 5