Silverfin false false 31/08/2024 01/09/2023 31/08/2024 S L Honeywill 13/12/2022 02 October 2024 The principal activity of the Company during the financial year was the operating and letting real estate. 14539530 2024-08-31 14539530 bus:Director1 2024-08-31 14539530 2023-08-31 14539530 core:CurrentFinancialInstruments 2024-08-31 14539530 core:CurrentFinancialInstruments 2023-08-31 14539530 core:Non-currentFinancialInstruments 2024-08-31 14539530 core:Non-currentFinancialInstruments 2023-08-31 14539530 core:ShareCapital 2024-08-31 14539530 core:ShareCapital 2023-08-31 14539530 core:RetainedEarningsAccumulatedLosses 2024-08-31 14539530 core:RetainedEarningsAccumulatedLosses 2023-08-31 14539530 2023-09-01 2024-08-31 14539530 bus:FilletedAccounts 2023-09-01 2024-08-31 14539530 bus:SmallEntities 2023-09-01 2024-08-31 14539530 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 14539530 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 14539530 bus:Director1 2023-09-01 2024-08-31 14539530 2022-09-01 2023-08-31 14539530 core:CurrentFinancialInstruments 2023-09-01 2024-08-31 14539530 core:Non-currentFinancialInstruments 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Company No: 14539530 (England and Wales)

ALPHA SEIS LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2024
Pages for filing with the registrar

ALPHA SEIS LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

ALPHA SEIS LIMITED

BALANCE SHEET

As at 31 August 2024
ALPHA SEIS LIMITED

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
£ £
Fixed assets
Investment property 3 296,926 0
296,926 0
Current assets
Cash at bank and in hand 5,098 100
5,098 100
Creditors: amounts falling due within one year 4 ( 135,520) 0
Net current (liabilities)/assets (130,422) 100
Total assets less current liabilities 166,504 100
Creditors: amounts falling due after more than one year 5 ( 169,716) 0
Net (liabilities)/assets ( 3,212) 100
Capital and reserves
Called-up share capital 100 100
Profit and loss account ( 3,312 ) 0
Total shareholder's (deficit)/funds ( 3,212) 100

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Alpha Seis Limited (registered number: 14539530) were approved and authorised for issue by the Director on 02 October 2024. They were signed on its behalf by:

S L Honeywill
Director
ALPHA SEIS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
ALPHA SEIS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Alpha Seis Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Investment property

Investment property
£
Valuation
As at 01 September 2023 0
Additions 296,926
As at 31 August 2024 296,926

4. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 11,742 0
Other creditors 123,778 0
135,520 0

The loans are secured against the properties to which they relate.

5. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 169,716 0

The loans are secured against the properties to which they relate.