1 1 Allotrope Ltd 09562610 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is a creative and strategic marketing communications consultancy. Focused on the implementation of strategic, well targeted marketing campaigns to result in quality publicity and maximum brand awareness. Digita Accounts Production Advanced 6.30.9574.0 true true 09562610 2023-05-01 2024-04-30 09562610 2024-04-30 09562610 2 2024-04-30 09562610 core:RetainedEarningsAccumulatedLosses 2024-04-30 09562610 core:ShareCapital 2024-04-30 09562610 core:CurrentFinancialInstruments 2024-04-30 09562610 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 09562610 bus:SmallEntities 2023-05-01 2024-04-30 09562610 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 09562610 bus:FilletedAccounts 2023-05-01 2024-04-30 09562610 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09562610 bus:RegisteredOffice 2023-05-01 2024-04-30 09562610 bus:Director1 2023-05-01 2024-04-30 09562610 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09562610 countries:EnglandWales 2023-05-01 2024-04-30 09562610 2022-05-01 2023-04-30 09562610 2023-04-30 09562610 2 2023-04-30 09562610 core:RetainedEarningsAccumulatedLosses 2023-04-30 09562610 core:ShareCapital 2023-04-30 09562610 core:CurrentFinancialInstruments 2023-04-30 09562610 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 09562610 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2023-04-30 09562610 core:CurrentFinancialInstruments core:PreviouslyStatedAmount 2023-04-30 09562610 core:PreviouslyStatedAmount 2023-04-30 xbrli:pure iso4217:GBP

Registration number: 09562610

Allotrope Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Allotrope Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Allotrope Ltd

(Registration number: 09562610)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

89

529

Creditors: Amounts falling due within one year

5

(6,132)

(6,002)

Net liabilities

 

(6,043)

(5,473)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(6,044)

(5,474)

Shareholders' deficit

 

(6,043)

(5,473)

For the financial year ending 30 April 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 her 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 and 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 17 January 2025
 

.........................................
R F A Smith
Director

 

Allotrope Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 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:
9 Thorne Road
Doncaster
DN1 2HJ
United Kingdom

These financial statements were authorised for issue by the director on 17 January 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

This basis may not be appropriate because at the balance sheet date the company liabilities exceeded its assets. Should the company be unable to continue trading adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for any further liabilities which might arise.

The director considers that the going concern basis is appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Allotrope Ltd

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

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

3

Staff numbers

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

 

Allotrope Ltd

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

4

Debtors

Note

2024
£

2023
£

Prepayments

 

89

86

Corporation tax

-

443

 

89

529

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Bank loans and overdrafts

6

30

8

Amounts owed to related parties

 

4,984

4,856

Accrued expenses

 

1,118

1,138

 

6,132

6,002

6

Loans and borrowings

2024
£

2023
£

Current loans and borrowings

Bank overdrafts

30

8