Alumini Holdings Limited 02896188 false 2023-10-31 2024-10-30 2024-10-30 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 02896188 2023-10-31 2024-10-30 02896188 2024-10-30 02896188 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-30 02896188 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-30 02896188 core:PlantMachinery 2024-10-30 02896188 bus:SmallEntities 2023-10-31 2024-10-30 02896188 bus:AuditExemptWithAccountantsReport 2023-10-31 2024-10-30 02896188 bus:FilletedAccounts 2023-10-31 2024-10-30 02896188 bus:SmallCompaniesRegimeForAccounts 2023-10-31 2024-10-30 02896188 bus:RegisteredOffice 2023-10-31 2024-10-30 02896188 bus:Director5 2023-10-31 2024-10-30 02896188 bus:PrivateLimitedCompanyLtd 2023-10-31 2024-10-30 02896188 core:LandBuildings core:OwnedOrFreeholdAssets 2023-10-31 2024-10-30 02896188 core:PlantMachinery 2023-10-31 2024-10-30 02896188 countries:EnglandWales 2023-10-31 2024-10-30 02896188 2023-10-30 02896188 core:LandBuildings core:OwnedOrFreeholdAssets 2023-10-30 02896188 core:PlantMachinery 2023-10-30 02896188 2022-11-01 2023-10-30 02896188 2023-10-30 02896188 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-30 02896188 core:LandBuildings core:OwnedOrFreeholdAssets 2023-10-30 02896188 core:PlantMachinery 2023-10-30 02896188 core:AllSubsidiaries 2023-10-30 02896188 core:AllSubsidiaries 2022-11-01 2023-10-30 02896188 2022-10-31 02896188 core:AllSubsidiaries 2022-10-31 iso4217:GBP xbrli:pure

Registration number: 02896188

Alumini Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 October 2024

 

Alumini Holdings Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Alumini Holdings Limited

(Registration number: 02896188)
Balance Sheet as at 30 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

210,653

211,252

Creditors: Amounts falling due within one year

5

(87,414)

(52,414)

Net assets

 

123,239

158,838

Capital and reserves

 

Called up share capital

120

120

Share premium reserve

49,981

49,981

Retained earnings

73,138

108,737

Shareholders' funds

 

123,239

158,838

For the financial year ending 30 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 January 2025
 

.........................................
Mr George Michael Ambrose Williams
Director

 

Alumini Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for rental income as a holding company. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Alumini Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

Asset class

Depreciation method and rate

Plant and machinery

25% per annum of net book value

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Alumini Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Land and buildings
£

Plant and machinery
£

Total
£

Cost or valuation

At 31 October 2023

287,106

2,394

289,500

At 30 October 2024

287,106

2,394

289,500

Depreciation

At 31 October 2023

77,000

1,248

78,248

Charge for the year

-

599

599

At 30 October 2024

77,000

1,847

78,847

Carrying amount

At 30 October 2024

210,106

547

210,653

At 30 October 2023

210,106

1,146

211,252

Included within the net book value of land and buildings above is £210,106 (2023 - £210,106) in respect of freehold land and buildings.
 

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

87,414

52,414

 

Alumini Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 October 2024

6

Related party transactions

Other transactions with the director

During the year the director had a loan with the company. The balance at the balance sheet date owed to the director was £84,414 (2023: £49,414).

Loans from related parties

2023

Subsidiary
£

Total
£

At start of period

243,152

243,152

Repaid

(243,152)

(243,152)

At end of period

-

-