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REGISTERED NUMBER: 12333264 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Alexander Cousins Limited

Alexander Cousins Limited (Registered number: 12333264)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alexander Cousins Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: C Cousins
S Iqbal





REGISTERED OFFICE: 237 Dewsbury Road
Leeds
LS11 5HZ





REGISTERED NUMBER: 12333264 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
3 Park Square
Leeds
LS1 2NE

Alexander Cousins Limited (Registered number: 12333264)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,698 15,049

CURRENT ASSETS
Debtors 5 866,493 475,156
Cash at bank and in hand 5,759 83,682
872,252 558,838
CREDITORS
Amounts falling due within one year 6 517,097 292,385
NET CURRENT ASSETS 355,155 266,453
TOTAL ASSETS LESS CURRENT
LIABILITIES

438,853

281,502

CREDITORS
Amounts falling due after more than one
year

7

(12,730

)

(23,379

)

PROVISIONS FOR LIABILITIES 8 (20,631 ) (2,859 )
NET ASSETS 405,492 255,264

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 405,392 255,164
SHAREHOLDERS' FUNDS 405,492 255,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

Alexander Cousins Limited (Registered number: 12333264)

Balance Sheet - continued
30 November 2023


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 22 January 2025 and were signed on its behalf by:





S Iqbal - Director


Alexander Cousins Limited (Registered number: 12333264)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Alexander Cousins 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.

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.

Revenue and profit recognition
Revenue represents the fair value of consideration received or receivable from clients for services provided, net of value added tax. The revenue and profit on contracts is recognised as and when work is performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

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.

Amounts receivable on contracts
Amounts receivable on contracts represents revenue receivable from clients on contracts in progress at the
balance sheet date. The valuation of amounts recoverable on contracts is adjusted to take up profit to date in accordance with the accounting policy for profit recognition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Alexander Cousins Limited (Registered number: 12333264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2022 18,426 - 18,426
Additions 88,075 2,371 90,446
At 30 November 2023 106,501 2,371 108,872
DEPRECIATION
At 1 December 2022 3,377 - 3,377
Charge for year 20,497 1,300 21,797
At 30 November 2023 23,874 1,300 25,174
NET BOOK VALUE
At 30 November 2023 82,627 1,071 83,698
At 30 November 2022 15,049 - 15,049

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Amounts recoverable on contracts 41,450 54,923
Tax recoverable 174,614 94,690
Directors' current accounts 650,429 325,543
866,493 475,156

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,648 10,648
Other loans 10,000 -
Tax 321,789 196,480
Social security and other taxes 65,204 63,877
Directors' current accounts 88,076 -
Accrued expenses 21,380 21,380
517,097 292,385

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Loan creditor 12,730 23,379

The loan creditor represents a loan under HM Government Coronavirus Business Bounce Back Loan Scheme.

The loan creditor carries an interest rate of 2.5% per annum and it is repayable in accordance with the rules of the scheme.

Alexander Cousins Limited (Registered number: 12333264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 20,631 2,859

Deferred
tax
£   
Balance at 1 December 2022 2,859
Charge to Income Statement during year 17,772
Overprovision in prior year
Balance at 30 November 2023 20,631

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1.00 100 100

10. RESERVES
Retained
earnings
£   

At 1 December 2022 255,164
Profit for the year 188,228
Dividends (38,000 )
At 30 November 2023 405,392

11. RELATED PARTY DISCLOSURES

During the year dividends of £38,000 (2022: £141,000) were paid to the director. At 30th November 2023 the director owed £562,353 (2022: £325,544) to the company. This sum, upon which interest was charged at the official rate, was repaid within nine months after the end of the financial year.

12. ULTIMATE CONTROLLING PARTY

The controlling party is S Iqbal.