Alder-Newton Holdings Limited 14937215 false 2023-06-15 2024-06-30 2024-06-30 The principal activity of the company is holding company Digita Accounts Production Advanced 6.30.9574.0 true false true 14937215 2023-06-15 2024-06-30 14937215 2024-06-30 14937215 bus:OrdinaryShareClass1 2024-06-30 14937215 core:CurrentFinancialInstruments 2024-06-30 14937215 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14937215 core:Non-currentFinancialInstruments 2024-06-30 14937215 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 14937215 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 14937215 bus:SmallEntities 2023-06-15 2024-06-30 14937215 bus:AuditExemptWithAccountantsReport 2023-06-15 2024-06-30 14937215 bus:FilletedAccounts 2023-06-15 2024-06-30 14937215 bus:SmallCompaniesRegimeForAccounts 2023-06-15 2024-06-30 14937215 bus:RegisteredOffice 2023-06-15 2024-06-30 14937215 bus:Director1 2023-06-15 2024-06-30 14937215 bus:Director2 2023-06-15 2024-06-30 14937215 bus:OrdinaryShareClass1 2023-06-15 2024-06-30 14937215 bus:PrivateLimitedCompanyLtd 2023-06-15 2024-06-30 14937215 countries:UnitedKingdom 2023-06-15 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14937215

Alder-Newton Holdings Limited

Unaudited Filleted Abridged Financial Statements

for the Period from 15 June 2023 to 30 June 2024

 

Alder-Newton Holdings Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 6

 

Alder-Newton Holdings Limited

Company Information

Directors

Mr Steven Alder

Mr Oliver Newton

Registered office

1st Floor, West Wing
Dane Mill
Broadhurst Lane
Congleton
Cheshire
CW12 1LA

Accountants

Arcadian Accounting & Consultancy Limited
15 Colstone Close
Wilmslow
Cheshire
SK9 2TF

 

Alder-Newton Holdings Limited

(Registration number: 14937215)
Abridged Balance Sheet as at 30 June 2024

Note

2024
£

Fixed assets

 

Investments

4

454,545

Current assets

 

Debtors

5

190

Cash at bank and in hand

 

1

 

191

Creditors: Amounts falling due within one year

(1)

Net current assets

 

190

Total assets less current liabilities

 

454,735

Creditors: Amounts falling due after more than one year

(250,064)

Net assets

 

204,671

Capital and reserves

 

Called up share capital

6

200

Other reserves

204,545

Retained earnings

(74)

Shareholders' funds

 

204,671

For the financial period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Alder-Newton Holdings Limited

(Registration number: 14937215)
Abridged Balance Sheet as at 30 June 2024

Approved and authorised by the Board on 12 March 2025 and signed on its behalf by:
 

.........................................
Mr Steven Alder
Director

.........................................
Mr Oliver Newton
Director

 

Alder-Newton Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 15 June 2023 to 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
1st Floor, West Wing
Dane Mill
Broadhurst Lane
Congleton
Cheshire
CW12 1LA

These financial statements were authorised for issue by the Board on 12 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Alder-Newton Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 15 June 2023 to 30 June 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Alder-Newton Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 15 June 2023 to 30 June 2024

4

Investments

Total
£

Cost or valuation

Additions

454,545

Provision

Carrying amount

At 30 June 2024

454,545

2024
£

5

Debtors

Debtors includes £Nil due after more than one year.

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary Shares of £0.50 each

200

100