Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31Accomodation12023-06-01false1falsetrue 13470718 2023-06-01 2024-05-31 13470718 2022-06-01 2023-05-31 13470718 2024-05-31 13470718 2023-05-31 13470718 c:Director1 2023-06-01 2024-05-31 13470718 d:CurrentFinancialInstruments 2024-05-31 13470718 d:CurrentFinancialInstruments 2023-05-31 13470718 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 13470718 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13470718 d:ShareCapital 2024-05-31 13470718 d:ShareCapital 2023-05-31 13470718 d:RetainedEarningsAccumulatedLosses 2024-05-31 13470718 d:RetainedEarningsAccumulatedLosses 2023-05-31 13470718 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-05-31 13470718 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-05-31 13470718 c:OrdinaryShareClass1 2023-06-01 2024-05-31 13470718 c:OrdinaryShareClass1 2024-05-31 13470718 c:OrdinaryShareClass1 2023-05-31 13470718 c:FRS102 2023-06-01 2024-05-31 13470718 c:Audited 2023-06-01 2024-05-31 13470718 c:FullAccounts 2023-06-01 2024-05-31 13470718 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13470718 d:WithinOneYear 2024-05-31 13470718 d:WithinOneYear 2023-05-31 13470718 d:BetweenOneFiveYears 2024-05-31 13470718 d:BetweenOneFiveYears 2023-05-31 13470718 c:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13470718 7 2023-06-01 2024-05-31 13470718 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13470718


ALPBED LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 MAY 2024

 
ALPBED LIMITED
REGISTERED NUMBER: 13470718

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
92,878
31,871

Cash at bank and in hand
 5 
279,272
327,251

  
372,150
359,122

Creditors: amounts falling due within one year
 6 
(64,941)
(198,594)

Net current assets
  
 
 
307,209
 
 
160,528

Total assets less current liabilities
  
307,209
160,528

  

Net assets
  
307,209
160,528


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
307,109
160,428

  
307,209
160,528


The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 July 2024.




Andrew David Sturt
Director

The notes on pages 2 to 6 form part of these financial statements.
Page 1

 
ALPBED LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.


General information

Alpbed Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is 71-75 Shelton Street, London, England, WC2H 9JQ.
The principal activity of Alpbed Limited is the provision of rental property.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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.

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances


At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Turnover

Turnover comprises revenue recognised by the Company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts. 
Turnover is recognised in the period to which the rent relates, on the basis that it is at this point that the significant risks and rewards of ownership have been transfered to the customer.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 2

 
ALPBED LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the reporting date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the reporting date.

 
2.10

Financial instruments

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, loan to related parties and investments in ordinary shares.

Page 3

 
ALPBED LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
57,888
-

Prepayments and accrued income
34,990
31,871

92,878
31,871



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
279,272
327,251

279,272
327,251



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
5,445
2,757

Amounts owed to group undertakings
-
150,825

Corporation tax
48,945
37,437

Accruals and deferred income
10,551
7,575

64,941
198,594


Page 4

 
ALPBED LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

7.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
279,272
327,251




Financial assets measured at fair value through profit or loss comprise of cash at bank and in hand.


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Equity shares of £1.0 each
100
100



9.


Commitments under operating leases

At 31 May 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
62,111
60,350

Later than 1 year and not later than 5 years
144,386
252,650

206,497
313,000


10.


Related party transactions

The company has taken advantage of the exemption avilable under FRS102 section 33.1A where disclosures of transactions between group members are not required, provided that the subsidiary is wholly-owed.


11.


Controlling party

The Company is ultimately controlled by Vita Brevis Limited.

Page 5

 
ALPBED LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

12.


Auditors' information

The auditors' report on the financial statements for the period ended 31 May 2024 was unqualified.

The audit report was signed on 27 July 2024 by Ian Palmer FCCA (Senior Statutory Auditor) on behalf of Xeinadin Audit Limited
 Chartered Accountants & Statutory Auditor
.

Page 6