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Company Registration No. 06588378 (England and Wales)
Alow Estates Limited Unaudited accounts for the year ended 31 May 2024
Alow Estates Limited Unaudited accounts Contents
Page
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Alow Estates Limited Company Information for the year ended 31 May 2024
Director
Abraham Low
Company Number
06588378 (England and Wales)
Registered Office
103 High Street Waltham Cross Herts EN8 7AN United Kingdom
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross EN8 7AN
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Alow Estates Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
929 
1,032 
Investment property
2,085,753 
1,839,212 
Investments
7,000 
7,000 
2,093,682 
1,847,244 
Current assets
Debtors
200,245 
81,427 
Cash at bank and in hand
30,929 
358,751 
231,174 
440,178 
Creditors: amounts falling due within one year
(1,427,055)
(1,569,746)
Net current liabilities
(1,195,881)
(1,129,568)
Total assets less current liabilities
897,801 
717,676 
Creditors: amounts falling due after more than one year
(379,497)
(361,710)
Net assets
518,304 
355,966 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
448,585 
273,000 
Profit and loss account
69,619 
82,866 
Shareholders' funds
518,304 
355,966 
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 25 February 2025 and were signed on its behalf by
Abraham Low Director Company Registration No. 06588378
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Alow Estates Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Alow Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 06588378. The registered office is 103 High Street, Waltham Cross, Herts, EN8 7AN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
1/3
Computer equipment
1/3
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
3,473 
115 
3,588 
At 31 May 2024
3,473 
115 
3,588 
Depreciation
At 1 June 2023
2,444 
112 
2,556 
Charge for the year
103 
- 
103 
At 31 May 2024
2,547 
112 
2,659 
Net book value
At 31 May 2024
926 
3 
929 
At 31 May 2023
1,029 
3 
1,032 
5
Investment property
2024 
£ 
Fair value at 1 June 2023
1,839,212 
Additions
246,541 
At 31 May 2024
2,085,753 
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Alow Estates Limited Notes to the Accounts for the year ended 31 May 2024
6
Investments
Other investments 
£ 
Valuation at 1 June 2023
7,000 
Valuation at 31 May 2024
7,000 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
200,245 
81,427 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
428,396 
428,396 
VAT
1,972 
1,977 
Taxes and social security
5,491 
5,280 
Other creditors
880,733 
973,753 
Loans from directors
108,933 
158,960 
Accruals
1,530 
1,380 
1,427,055 
1,569,746 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
379,497 
361,710 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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