Company Registration No. 5129022 (England and Wales)
Alfaman Services Ltd
Unaudited accounts
for the year ended 31 May 2024
Alfaman Services Ltd
Unaudited accounts
Contents
Alfaman Services Ltd
Company Information
for the year ended 31 May 2024
Company Number
5129022 (England and Wales)
Registered Office
235d Imperial Drive
Harrow
Middlesex
HA2 7HE
United Kingdom
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Alfaman Services Ltd
Accountants' report
Accountants' report to the director of Alfaman Services Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Alfaman Services Ltd for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Alfaman Services Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Alfaman Services Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alfaman Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Alfaman Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Alfaman Services Ltd. You consider that Alfaman Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Alfaman Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
11 February 2025
Alfaman Services Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
(2,226)
3,332
Creditors: amounts falling due within one year
(296,310)
(284,878)
Net current liabilities
(277,815)
(260,021)
Net liabilities
(276,554)
(259,248)
Called up share capital
1
1
Profit and loss account
(276,555)
(259,249)
Shareholders' funds
(276,554)
(259,248)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 February 2025 and were signed on its behalf by
Mr Eddie Mann
Director
Company Registration No. 5129022
Alfaman Services Ltd
Notes to the Accounts
for the year ended 31 May 2024
Alfaman Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 5129022. The registered office is 235d Imperial Drive, Harrow, Middlesex, HA2 7HE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
Alfaman Services Ltd
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
1,000
42,021
43,021
At 31 May 2024
1,000
42,839
43,839
At 1 June 2023
1,000
41,248
42,248
Charge for the year
-
330
330
At 31 May 2024
1,000
41,578
42,578
At 31 May 2024
-
1,261
1,261
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
52
25
Other creditors
40,269
25,461
Loans from directors
254,489
249,843
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).