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REGISTERED NUMBER: 13241147 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ALEPH SALTFLEETBY LTD

ALEPH SALTFLEETBY LTD (REGISTERED NUMBER: 13241147)






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


ALEPH SALTFLEETBY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: A Craig
W P Holland
E A Morris





REGISTERED OFFICE: 5th Floor
1 Knightsbridge Green
London
SW1X 7QA





REGISTERED NUMBER: 13241147 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

ALEPH SALTFLEETBY LTD (REGISTERED NUMBER: 13241147)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 23,343 3,378,802
Cash at bank 223,675 64,391
247,018 3,443,193
CREDITORS
Amounts falling due within one year 5 237,018 1,595,479
NET CURRENT ASSETS 10,000 1,847,714
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,000

1,847,714

CREDITORS
Amounts falling due after more than one year 6 - 1,837,714
NET ASSETS 10,000 10,000

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
10,000 10,000

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 4 December 2024 and were signed on its behalf by:





A Craig - Director


ALEPH SALTFLEETBY LTD (REGISTERED NUMBER: 13241147)

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

1. STATUTORY INFORMATION

Aleph Saltfleetby Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 23,343 106,668
Angus Loan - 945,000
Prepayments and accrued income - 122,134
23,343 1,173,802

Amounts falling due after more than one year:
Angus Loan - 2,205,000

Aggregate amounts 23,343 3,378,802

ALEPH SALTFLEETBY LTD (REGISTERED NUMBER: 13241147)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed to group undertakings 16,789 51,433
Withholding Tax - 14,303
Amount due to investors 220,229 1,521,506
Accrued expenses - 8,237
237,018 1,595,479

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts due to investors - 1,837,714

7. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed balance of £23,343 (2023 : £106,668) from Aleph Commodities Ltd, a related group company. There is no specific terms for interest and repayment of loan.

As at the balance sheet date, the company owed balance of £16,789 (2023 : £49,811) to Aleph Energy Ltd and £NIL (2023 : £1,622) to Aleph International Holdings (UK) Ltd, both related group companies.There is no specific terms for inerest and repayment of loan.

8. OTHER DISCLOSURES

The company entered into a Revenue Share Agreement with Angus Energy Plc in May 2021 where the company would receive overriding royalty as revenue share. As at year end, the revenue share is Nil and will be accounted when earned.