Company Registration No. 05504409 (England and Wales)
ALPHA DANE LIMITED
Unaudited accounts
for the year ended 31 May 2024
ALPHA DANE LIMITED
Unaudited accounts
Contents
ALPHA DANE LIMITED
Company Information
for the year ended 31 May 2024
Director
MOHAMMAD YUSEF AKBARI
Company Number
05504409 (England and Wales)
Registered Office
16-18 WOODFORD ROAD
FOREST GATE
LONDON
E7 0HA
United Kingdom
ALPHA DANE LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
916,872
792,517
Inventories
652,035
56,300
Cash at bank and in hand
37,794
183,048
Creditors: amounts falling due within one year
(942,415)
(254,475)
Net current assets
733,550
912,614
Total assets less current liabilities
1,655,882
1,710,591
Creditors: amounts falling due after more than one year
(835,602)
(889,370)
Provisions for liabilities
Deferred tax
(3,863)
(4,485)
Net assets
816,417
816,736
Called up share capital
100
100
Profit and loss account
816,317
816,636
Shareholders' funds
816,417
816,736
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 17 February 2025 and were signed on its behalf by
MOHAMMAD YUSEF AKBARI
Director
Company Registration No. 05504409
ALPHA DANE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
ALPHA DANE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05504409. The registered office is 16-18 WOODFORD ROAD, FOREST GATE, LONDON, E7 0HA, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
ALPHA DANE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2023
768,904
86,842
855,746
Additions
127,631
3,500
131,131
At 31 May 2024
896,535
90,342
986,877
At 1 June 2023
-
63,229
63,229
Charge for the year
-
6,776
6,776
At 31 May 2024
-
70,005
70,005
At 31 May 2024
896,535
20,337
916,872
At 31 May 2023
768,904
23,613
792,517
6
Investments
Other investments
Valuation at 1 June 2023
5,460
Valuation at 31 May 2024
5,460
Amounts falling due within one year
Trade debtors
288,176
444,208
Amounts due from group undertakings etc.
342,022
295,022
Other debtors
355,938
188,511
ALPHA DANE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
158,765
34,418
Trade creditors
658,054
159,981
Taxes and social security
101,708
44,674
Other creditors
23,888
11,022
Loans from directors
-
4,380
9
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
835,602
889,370
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
11
Average number of employees
During the year the average number of employees was 10 (2023: 10).