0
false
false
false
false
false
false
false
false
false
false
true
false
false
false
false
false
false
No description of principal activity
2023-05-01
Sage Accounts Production Advanced 2023 - FRS102_2023
18,174
194,198
550,000
550,000
550,000
xbrli:pure
xbrli:shares
iso4217:GBP
06528117
2023-05-01
2024-04-30
06528117
2024-04-30
06528117
2023-04-30
06528117
2022-04-01
2023-04-30
06528117
2023-04-30
06528117
2022-03-31
06528117
bus:RegisteredOffice
2023-05-01
2024-04-30
06528117
bus:LeadAgentIfApplicable
2023-05-01
2024-04-30
06528117
bus:Director1
2023-05-01
2024-04-30
06528117
core:AfterOneYear
2024-04-30
06528117
core:AfterOneYear
2023-04-30
06528117
core:RetainedEarningsAccumulatedLosses
2022-04-01
2023-04-30
06528117
core:RetainedEarningsAccumulatedLosses
2023-05-01
2024-04-30
06528117
core:WithinOneYear
2024-04-30
06528117
core:WithinOneYear
2023-04-30
06528117
core:ShareCapital
2024-04-30
06528117
core:ShareCapital
2023-04-30
06528117
core:OtherReservesSubtotal
2024-04-30
06528117
core:OtherReservesSubtotal
2023-04-30
06528117
core:RetainedEarningsAccumulatedLosses
2024-04-30
06528117
core:RetainedEarningsAccumulatedLosses
2023-04-30
06528117
core:PreviouslyStatedAmount
core:ShareCapital
2022-03-31
06528117
core:PreviouslyStatedAmount
core:RetainedEarningsAccumulatedLosses
2022-03-31
06528117
core:PreviouslyStatedAmount
2022-03-31
06528117
core:ShareCapital
2022-03-31
06528117
core:OtherReservesSubtotal
2022-03-31
06528117
core:RetainedEarningsAccumulatedLosses
2022-03-31
06528117
core:CostValuation
core:Non-currentFinancialInstruments
2024-04-30
06528117
core:Non-currentFinancialInstruments
2024-04-30
06528117
core:Non-currentFinancialInstruments
2023-04-30
06528117
bus:LeadAgentIfApplicable
2022-04-01
2023-04-30
06528117
bus:SmallEntities
2023-05-01
2024-04-30
06528117
bus:Audited
2023-05-01
2024-04-30
06528117
bus:SmallCompaniesRegimeForAccounts
2023-05-01
2024-04-30
06528117
bus:PrivateLimitedCompanyLtd
2023-05-01
2024-04-30
06528117
bus:FullAccounts
2023-05-01
2024-04-30
COMPANY REGISTRATION NUMBER:
06528117
Year ended 30 April 2024
Officers and professional advisers |
1 |
|
|
Independent auditor's report to the members |
4 |
|
|
Statement of comprehensive income |
8 |
|
|
Statement of financial position |
9 |
|
|
Statement of changes in equity |
10 |
|
|
Notes to the financial statements |
11 |
|
|
Officers and Professional Advisers |
|
Registered office |
46 Syon Lane |
|
Isleworth |
|
England |
|
TW7 5NQ |
|
|
Auditor |
Chowdhary & Co |
|
Chartered accountants & statutory auditor |
|
46 Syon Lane |
|
Isleworth |
|
Middlesex |
|
TW7 5NQ |
|
|
Year ended 30 April 2024
The director presents his report and the financial statements of the company for the year ended
30 April 2024
.
Director
The director who served the company during the year was as follows:
Director's responsibilities statement
The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the director is required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Auditor
Each of the persons who is a director at the date of approval of this report confirms that:
-
so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
31 October 2024
and signed on behalf of the board by:
Registered office: |
46 Syon Lane |
Isleworth |
England |
TW7 5NQ |
|
Independent Auditor's Report to the Members of
Alpencare Limited |
|
Year ended 30 April 2024
Opinion
We have audited the financial statements of Alpencare Limited (the 'company') for the year ended 30 April 2024 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the company's affairs as at 30 April 2024 and of its profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The director is responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
-
the information given in the director's report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
-
the director's report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the director's report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of director's remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit
Responsibilities of the director
As explained more fully in the director's responsibilities statement, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: We have worked on the audit using recognised audit programmes which are bespoke specifically for client's nature of business. We consider that these programmes are rigorous and meet the requirement of the supervisory bodies and enable us to conclude a true and fair audit opinion. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the director. - Conclude on the appropriateness of the director's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
Use of our report
This report is made solely to the company's members, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Bhupindar Chowdhary FCA |
(Senior Statutory Auditor) |
|
For and on behalf of |
Chowdhary & Co |
Chartered accountants & statutory auditor |
46 Syon Lane |
Isleworth |
Middlesex |
TW7 5NQ |
|
31 October 2024
Statement of Comprehensive Income |
|
Year ended 30 April 2024
|
|
Period from |
|
Year to |
1 Apr 22 to |
|
30 Apr 24 |
30 Apr 23 |
Note |
£ |
£ |
Turnover |
38,372 |
23,053 |
|
|
|
|
-------- |
-------- |
Gross profit |
38,372 |
23,053 |
|
|
|
Administrative expenses |
17,479 |
21,927 |
|
-------- |
-------- |
Operating profit |
20,893 |
1,126 |
|
|
|
Income from other fixed asset investments |
– |
265,090 |
Interest payable and similar expenses |
– |
5,745 |
|
|
-------- |
--------- |
Profit before taxation |
5 |
20,893 |
260,471 |
|
|
|
|
Tax on profit |
2,719 |
66,273 |
|
-------- |
--------- |
Profit for the financial year and total comprehensive income |
18,174 |
194,198 |
|
-------- |
--------- |
|
|
|
All the activities of the company are from continuing operations.
Statement of Financial Position |
|
30 April 2024
Fixed assets
Investments |
6 |
550,000 |
550,000 |
|
|
|
|
Current assets
Debtors |
7 |
– |
500 |
Cash at bank and in hand |
35,127 |
13,757 |
|
-------- |
-------- |
|
35,127 |
14,257 |
|
|
|
|
Creditors: amounts falling due within one year |
8 |
15,665 |
12,969 |
|
-------- |
-------- |
Net current assets |
19,462 |
1,288 |
|
--------- |
--------- |
Total assets less current liabilities |
569,462 |
551,288 |
|
|
|
|
Creditors: amounts falling due after more than one year |
9 |
248,579 |
248,579 |
|
|
|
|
Provisions |
66,273 |
66,273 |
|
--------- |
--------- |
Net assets |
254,610 |
236,436 |
|
--------- |
--------- |
|
|
|
Capital and reserves
Called up share capital |
100 |
100 |
Other reserves |
198,817 |
198,817 |
Profit and loss account |
55,693 |
37,519 |
|
--------- |
--------- |
Shareholders funds |
254,610 |
236,436 |
|
--------- |
--------- |
|
|
|
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements were approved by the
board of directors
and authorised for issue on
31 October 2024
, and are signed on behalf of the board by:
Company registration number:
06528117
Statement of Changes in Equity |
|
Year ended 30 April 2024
|
Called up share capital |
Other reserves |
Profit and loss account |
Total |
|
£ |
£ |
£ |
£ |
At 1 April 2022 (as previously reported) |
100 |
– |
42,138 |
42,238 |
Effects of changes in accounting policies |
– |
198,817 |
(198,817) |
– |
|
---- |
--------- |
--------- |
-------- |
At 1 April 2022 (restated) |
100 |
198,817 |
(
156,679) |
42,238 |
|
---- |
--------- |
--------- |
-------- |
|
|
|
|
|
Profit for the year |
|
|
194,198 |
194,198 |
|
---- |
--------- |
--------- |
--------- |
Total comprehensive income for the year |
– |
– |
194,198 |
194,198 |
|
|
|
|
|
At 30 April 2023 |
100 |
198,817 |
37,519 |
236,436 |
|
|
|
|
|
Profit for the year |
|
|
18,174 |
18,174 |
|
---- |
--------- |
--------- |
--------- |
Total comprehensive income for the year |
– |
– |
18,174 |
18,174 |
|
|
|
|
|
|
---- |
--------- |
--------- |
--------- |
At 30 April 2024 |
100 |
198,817 |
55,693 |
254,610 |
|
---- |
--------- |
--------- |
--------- |
|
|
|
|
|
Notes to the Financial Statements |
|
Year ended 30 April 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 46 Syon Lane, Isleworth, TW7 5NQ, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied: Financial reporting standard 102-reduced disclosure exemption The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": " The requirements of Section 7 Statements of Cash flows; The exemption is available as Aplencare Limited is a subsidiary within a group that prepares publicly available consolidated accounts that give a true and fair view. Consolidation: The financial statements contain information about
Alpencare Limited
as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Natick Holdings Limited, 46 Syon Lane, Isleworth, England, TW7 5NQ. Revenue recognition: Turnover comprises rental and other property related income exclusive of VAT and is recognised to the extent that is probable that the economic benefits will flow to the company and can be measured reliably.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Investment property
Investment property is shown at the most recent valuation. No depreciation is provided. Any aggregation surplus or deficit arising from changes in fair value is recognised in statement of income and retained earnings.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship (see hedge accounting policy). Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Auditor's remuneration
|
|
Period from |
|
Year to |
1 Apr 22 to |
|
30 Apr 24 |
30 Apr 23 |
|
£ |
£ |
Fees payable for the audit of the financial statements |
4,250 |
4,250 |
|
------- |
------- |
|
|
|
The company has taken advantage of the exemption not to disclose amounts paid for non audit services as these are disclosed in the group accounts of the parent company.
5.
Profit before taxation
Profit before taxation is stated after crediting:
|
|
Period from |
|
Year to |
1 Apr 22 to |
|
30 Apr 24 |
30 Apr 23 |
|
£ |
£ |
Fair value adjustments to other fixed asset investments |
– |
(265,090) |
|
---- |
--------- |
|
|
|
6.
Investments
|
Investment property |
|
£ |
Cost |
|
At 1 May 2023 and 30 April 2024 |
550,000 |
|
--------- |
Impairment |
|
At 1 May 2023 and 30 April 2024 |
– |
|
--------- |
|
|
Carrying amount |
|
At 30 April 2024 |
550,000 |
|
--------- |
At 30 April 2023 |
550,000 |
|
--------- |
|
|
7.
Debtors
|
2024 |
2023 |
|
£ |
£ |
Trade debtors |
– |
500 |
|
---- |
---- |
|
|
|
8.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
Corporation tax |
2,719 |
– |
Social security and other taxes |
621 |
606 |
Other creditors |
12,325 |
12,363 |
|
-------- |
-------- |
|
15,665 |
12,969 |
|
-------- |
-------- |
|
|
|
9.
Creditors:
amounts falling due after more than one year
|
2024 |
2023 |
|
£ |
£ |
Amounts owed to group undertakings |
248,579 |
248,579 |
|
--------- |
--------- |
|
|
|
10.
Related party transactions
The company has taken advantage of the exemption provided in FRS102 in not disclosing transactions between wholly owned members of a group. The consolidated accounts of which may be obtained from: 46 Syon Lane Isleworth TW7 5NQ
11.
Parent and ultimate parent undertaking
The company's immediate parent is Natick Holdings Limited, incorporated in the UK.
12.
Ultimate controlling party
The ultimate controlling party as at 30 April 2024 is Mr Akbar Dhala and Mrs Jamila Dhala by virtue of their shareholding in the ultimate parent company.