Registered number: 05734857 | ||||||||
FOR THE 547 DAY PERIOD ENDED 30/06/2024 | ||||||||
Prepared By: | ||||||||
Greywalls Accountants Limited | ||||||||
13 | ||||||||
Isis Lake | ||||||||
Cirencester | ||||||||
Gloucestershire | ||||||||
GL7 5LT |
Aligra Personnel Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE 547 DAY PERIOD ENDED 30/06/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Wiltshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05734857 | ||||||||
ACCOUNTANTS | ||||||||
Greywalls Accountants Limited | ||||||||
13 | ||||||||
Isis Lake | ||||||||
Cirencester | ||||||||
Gloucestershire | ||||||||
GL7 5LT |
Aligra Personnel Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE547 DAY PERIODENDED30/06/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Aligra Personnel Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 | |||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
4,424,535 | 2,817,473 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 50,726 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 205,415 | 141,484 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 10 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 11 | |||||||||
Profit and loss account | 236,441 | 86,355 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Aligra Personnel Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE 547 DAY PERIOD ENDED 30/06/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. | ||||||||
Depreciation is provided on the following basis: | ||||||||
Fixtures And Fittings | straight line15% | |||||||
Equipment | straight line25% | |||||||
Motor Cars | reducing balance25% |
1c. Intangible Assets | ||||||||
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. | ||||||||
The contributions are recognised as an expense in the Statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Comapny in independently administered funds. |
1e. Investments | ||||||||
Interests in subsidiaries , associates and jointly controlled entities are intially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit and loss. | ||||||||
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. |
Aligra Personnel Limited | ||||||||
1f. Basis Of Accounting FRS 1021 a | ||||||||
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. |
1g. Turnover | ||||||||
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: | ||||||||
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisifed; | ||||||||
- the amount of turnover can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract at the end of the reporting period can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably. |
1h. Taxation | ||||||||
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, 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 balance sheet date. | ||||||||
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that; the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. | ||||||||
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
1i. Functional Currency | ||||||||
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. |
Aligra Personnel Limited | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Development | ||||
Costs | Total | |||
£ | £ | |||
Cost | ||||
At 01/01/2023 | 894 | 894 | ||
At 30/06/2024 | 894 | 894 | ||
Depreciation | ||||
At 01/01/2023 | 891 | 891 | ||
At 30/06/2024 | 891 | 891 | ||
Net Book Amounts | ||||
At 30/06/2024 | ||||
At 31/12/2022 | ||||
3. TANGIBLE FIXED ASSETS | ||||||||||||||||
Fixtures | ||||||||||||||||
and Fittings | Equipment | Motor Cars | Total | |||||||||||||
£ | £ | £ | £ | |||||||||||||
Cost | ||||||||||||||||
At 01/01/2023 | 15,531 | 17,737 | 127,686 | 160,954 | ||||||||||||
Additions | 14,184 | 2,185 | 14,495 | 30,864 | ||||||||||||
Disposals | - | - | (75,000) | (75,000) | ||||||||||||
At 30/06/2024 | 29,715 | 19,922 | 67,181 | 116,818 | ||||||||||||
Depreciation | ||||||||||||||||
At 01/01/2023 | 7,961 | 15,034 | 46,721 | 69,716 | ||||||||||||
Disposals | - | - | (24,750) | (24,750) | ||||||||||||
For the 547 day period | 8,185 | 3,126 | 18,000 | 29,311 | ||||||||||||
At 30/06/2024 | 16,146 | 18,160 | 39,971 | 74,277 | ||||||||||||
Net Book Amounts | ||||||||||||||||
At 30/06/2024 | 42,541 | |||||||||||||||
At 31/12/2022 | 91,238 | |||||||||||||||
Assets held within tangible assets under hire purchase or finance lease arrangemnets had a net book value at the year end of £12,575 (2022 - £78,812). The depreciation charge with regards to these assets during the period was £15,985 (2022 - £38,818). | ||||||||||||||||
Aligra Personnel Limited | ||||||||
4. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/01/2023 | 90,716 | 90,716 | |||||||
At 30/06/2024 | 90,716 | 90,716 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30/06/2024 | 90,716 | 90,716 | |||||||
At 31/12/2022 | 90,716 | 90,716 | |||||||
The company holds 100% of the issued share capital of Neilson Boxing Limited, having acquired this interest a number of years ago. | |||||||||
Neilson Boxing Limited made a profit before taxation of £2,641 for the year to 30 June 2024 and its aggregate capital and reserves where £85,160. | |||||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 2,410,703 | 1,649,303 | ||||||
Other debtors | 1,212,709 | 480,251 | ||||||
Amounts due from group companies | 320,087 | - | ||||||
Prepayments | 62,169 | 25,639 | ||||||
Directors current account | 404,300 | 651,199 | ||||||
4,409,968 | 2,806,392 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 453,929 | 224,961 | ||||||
VAT | 328,834 | 310,664 | ||||||
PAYE control | 27,927 | 74,889 | ||||||
Loans | 706,790 | 347,372 | ||||||
Hire purchase | 11,005 | 22,006 | ||||||
Trade creditors | 716,706 | 334,649 | ||||||
Other creditors | 1,840,118 | 1,329,450 | ||||||
Accruals | 24,469 | 122,756 | ||||||
4,109,778 | 2,766,747 | |||||||
Aligra Personnel Limited | ||||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Loans >1yr | 186,834 | 71,799 | ||||||
Hire purchase >1yr | 18,581 | 69,685 | ||||||
205,415 | 141,484 | |||||||
8. SECURED CREDITORS | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Amount of other creditors which are secured | 1,866,061 | 1,315,527 | ||||||
Close Brothers Limited holds a fixed and floating charge over the assets of the company in relation to the factoring debt. Whilst the hire purchase agreements are secured by the assets to which the hire purchase agreement relates. | ||||||||
9. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 28 | |||||
10. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 4,350 | 3,033 | ||||||
4,350 | 3,033 | |||||||
Aligra Personnel Limited | ||||||||
11. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1720 | 1720 | |||||||
91 | 91 | |||||||
1,811 | 1,811 | |||||||
12. CONTROLLING PARTY | ||||||||
The company was controlled on a dy to day basis by Mr M Neilson, a director and shareholder of the company, throughout the accounting period. | ||||||||
13. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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14. GROUP ACCOUNTS | ||||||||
The company is exempt from preparing group accounts on the basis that it is part of a small group. | ||||||||
15. COMPANY INFORMATION | ||||||||
Aligra Personnel Limited is a private company limited by shares incorporated in England and Wales, company number 05734857. The registered office is Suite B, Gemini House, Hargreaves Road, Groundwell Industrial Estate, Swindon SN25 5AJ. | ||||||||