2023-09-012024-08-312024-08-31false12143306ALTYMA LTD2025-02-2047910falseiso4217:GBPxbrli:pure121433062023-09-01121433062024-08-31121433062023-09-012024-08-31121433062022-09-01121433062023-08-31121433062022-09-012023-08-3112143306bus:SmallEntities2023-09-012024-08-3112143306bus:AuditExempt-NoAccountantsReport2023-09-012024-08-3112143306bus:AbridgedAccounts2023-09-012024-08-3112143306bus:PrivateLimitedCompanyLtd2023-09-012024-08-3112143306core:WithinOneYear2024-08-3112143306core:AfterOneYear2024-08-3112143306core:WithinOneYear2023-08-3112143306core:AfterOneYear2023-08-3112143306core:ShareCapital2024-08-3112143306core:SharePremium2024-08-3112143306core:RevaluationReserve2024-08-3112143306core:OtherReservesSubtotal2024-08-3112143306core:RetainedEarningsAccumulatedLosses2024-08-3112143306core:ShareCapital2023-08-3112143306core:SharePremium2023-08-3112143306core:RevaluationReserve2023-08-3112143306core:OtherReservesSubtotal2023-08-3112143306core:RetainedEarningsAccumulatedLosses2023-08-3112143306core:LandBuildings2024-08-3112143306core:PlantMachinery2024-08-3112143306core:Vehicles2024-08-3112143306core:FurnitureFittings2024-08-3112143306core:OfficeEquipment2024-08-3112143306core:NetGoodwill2024-08-3112143306core:IntangibleAssetsOtherThanGoodwill2024-08-3112143306core:ListedExchangeTraded2024-08-3112143306core:UnlistedNon-exchangeTraded2024-08-3112143306core:LandBuildings2023-08-3112143306core:PlantMachinery2023-08-3112143306core:Vehicles2023-08-3112143306core:FurnitureFittings2023-08-3112143306core:OfficeEquipment2023-08-3112143306core:NetGoodwill2023-08-3112143306core:IntangibleAssetsOtherThanGoodwill2023-08-3112143306core:ListedExchangeTraded2023-08-3112143306core:UnlistedNon-exchangeTraded2023-08-3112143306core:LandBuildings2023-09-012024-08-3112143306core:PlantMachinery2023-09-012024-08-3112143306core:Vehicles2023-09-012024-08-3112143306core:FurnitureFittings2023-09-012024-08-3112143306core:OfficeEquipment2023-09-012024-08-3112143306core:NetGoodwill2023-09-012024-08-3112143306core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3112143306core:ListedExchangeTraded2023-09-012024-08-3112143306core:UnlistedNon-exchangeTraded2023-09-012024-08-3112143306core:MoreThanFiveYears2023-09-012024-08-3112143306core:Non-currentFinancialInstruments2024-08-3112143306core:Non-currentFinancialInstruments2023-08-3112143306dpl:CostSales2023-09-012024-08-3112143306dpl:DistributionCosts2023-09-012024-08-3112143306core:LandBuildings2023-09-012024-08-3112143306core:PlantMachinery2023-09-012024-08-3112143306core:Vehicles2023-09-012024-08-3112143306core:FurnitureFittings2023-09-012024-08-3112143306core:OfficeEquipment2023-09-012024-08-3112143306dpl:AdministrativeExpenses2023-09-012024-08-3112143306core:NetGoodwill2023-09-012024-08-3112143306core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3112143306dpl:GroupUndertakings2023-09-012024-08-3112143306dpl:ParticipatingInterests2023-09-012024-08-3112143306dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-3112143306core:ListedExchangeTraded2023-09-012024-08-3112143306dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-3112143306core:UnlistedNon-exchangeTraded2023-09-012024-08-3112143306dpl:CostSales2022-09-012023-08-3112143306dpl:DistributionCosts2022-09-012023-08-3112143306core:LandBuildings2022-09-012023-08-3112143306core:PlantMachinery2022-09-012023-08-3112143306core:Vehicles2022-09-012023-08-3112143306core:FurnitureFittings2022-09-012023-08-3112143306core:OfficeEquipment2022-09-012023-08-3112143306dpl:AdministrativeExpenses2022-09-012023-08-3112143306core:NetGoodwill2022-09-012023-08-3112143306core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3112143306dpl:GroupUndertakings2022-09-012023-08-3112143306dpl:ParticipatingInterests2022-09-012023-08-3112143306dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3112143306core:ListedExchangeTraded2022-09-012023-08-3112143306dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3112143306core:UnlistedNon-exchangeTraded2022-09-012023-08-3112143306core:NetGoodwill2024-08-3112143306core:IntangibleAssetsOtherThanGoodwill2024-08-3112143306core:LandBuildings2024-08-3112143306core:PlantMachinery2024-08-3112143306core:Vehicles2024-08-3112143306core:FurnitureFittings2024-08-3112143306core:OfficeEquipment2024-08-3112143306core:AfterOneYear2024-08-3112143306core:WithinOneYear2024-08-3112143306core:ListedExchangeTraded2024-08-3112143306core:UnlistedNon-exchangeTraded2024-08-3112143306core:ShareCapital2024-08-3112143306core:SharePremium2024-08-3112143306core:RevaluationReserve2024-08-3112143306core:OtherReservesSubtotal2024-08-3112143306core:RetainedEarningsAccumulatedLosses2024-08-3112143306core:NetGoodwill2023-08-3112143306core:IntangibleAssetsOtherThanGoodwill2023-08-3112143306core:LandBuildings2023-08-3112143306core:PlantMachinery2023-08-3112143306core:Vehicles2023-08-3112143306core:FurnitureFittings2023-08-3112143306core:OfficeEquipment2023-08-3112143306core:AfterOneYear2023-08-3112143306core:WithinOneYear2023-08-3112143306core:ListedExchangeTraded2023-08-3112143306core:UnlistedNon-exchangeTraded2023-08-3112143306core:ShareCapital2023-08-3112143306core:SharePremium2023-08-3112143306core:RevaluationReserve2023-08-3112143306core:OtherReservesSubtotal2023-08-3112143306core:RetainedEarningsAccumulatedLosses2023-08-3112143306core:NetGoodwill2022-09-0112143306core:IntangibleAssetsOtherThanGoodwill2022-09-0112143306core:LandBuildings2022-09-0112143306core:PlantMachinery2022-09-0112143306core:Vehicles2022-09-0112143306core:FurnitureFittings2022-09-0112143306core:OfficeEquipment2022-09-0112143306core:AfterOneYear2022-09-0112143306core:WithinOneYear2022-09-0112143306core:ListedExchangeTraded2022-09-0112143306core:UnlistedNon-exchangeTraded2022-09-0112143306core:ShareCapital2022-09-0112143306core:SharePremium2022-09-0112143306core:RevaluationReserve2022-09-0112143306core:OtherReservesSubtotal2022-09-0112143306core:RetainedEarningsAccumulatedLosses2022-09-0112143306core:AfterOneYear2023-09-012024-08-3112143306core:WithinOneYear2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:CostValuation2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3112143306core:Non-currentFinancialInstrumentscore:CostValuation2024-08-3112143306core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-08-3112143306core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-08-3112143306core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-08-3112143306core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-08-3112143306core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-08-3112143306core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-08-3112143306core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-08-3112143306core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-08-3112143306core:Non-currentFinancialInstrumentscore:CostValuation2023-08-3112143306core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-3112143306core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-3112143306core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-3112143306core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-3112143306core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-3112143306core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-3112143306core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-3112143306core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-3112143306bus:Director12023-09-012024-08-3112143306bus:Director22023-09-012024-08-31

ALTYMA LTD

Registered Number
12143306
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

ALTYMA LTD
Company Information
for the year from 1 September 2023 to 31 August 2024

Directors

CHEUNG, Him Yau Alvin
YU, Mengyue

Registered Address

15 Riverside Studios Amethyst Road
Newcastle Business Park
Newcastle Upon Tyne
NE4 7YL

Registered Number

12143306 (England and Wales)
ALTYMA LTD
Statement of Financial Position
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets36,6031,848
6,6031,848
Current assets
Cash at bank and on hand528,873129,129
528,873129,129
Creditors amounts falling due within one year(224,152)(75,610)
Net current assets (liabilities)304,72153,519
Total assets less current liabilities311,32455,367
Net assets311,32455,367
Capital and reserves
Called up share capital100100
Profit and loss account311,22455,267
Shareholders' funds311,32455,367
The financial statements were approved and authorised for issue by the Board of Directors on 20 February 2025, and are signed on its behalf by:
CHEUNG, Him Yau Alvin
Director
Registered Company No. 12143306
ALTYMA LTD
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Office Equipment3
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 September 2310,163
Additions5,827
At 31 August 2415,990
Depreciation and impairment
At 01 September 238,315
Charge for year1,072
At 31 August 249,387
Net book value
At 31 August 246,603
At 31 August 231,848