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REGISTERED NUMBER: 11736606 (England and Wales)










ALFLEX MACHINES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






ALFLEX MACHINES LIMITED (REGISTERED NUMBER: 11736606)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALFLEX MACHINES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Ms J Koltuniak
Mr A Koltuniak





REGISTERED OFFICE: 4 Broadwells Crescent
Westwood Heath
Coventry
West Midlands
CV4 8JD





REGISTERED NUMBER: 11736606 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

ALFLEX MACHINES LIMITED (REGISTERED NUMBER: 11736606)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 21,000 22,000
Tangible assets 5 1,993 649
22,993 22,649

CURRENT ASSETS
Debtors 6 392 1,621
Cash at bank and in hand 123,663 119,979
124,055 121,600
CREDITORS
Amounts falling due within one year 7 (18,622 ) (17,801 )
NET CURRENT ASSETS 105,433 103,799
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,426

126,448

CAPITAL AND RESERVES
Called up share capital 15 15
Retained earnings 128,411 126,433
128,426 126,448

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:



Mr A Koltuniak - Director


ALFLEX MACHINES LIMITED (REGISTERED NUMBER: 11736606)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Alflex Machines Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of twenty two years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ALFLEX MACHINES LIMITED (REGISTERED NUMBER: 11736606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 22,000
AMORTISATION
Charge for year 1,000
At 31 December 2024 1,000
NET BOOK VALUE
At 31 December 2024 21,000
At 31 December 2023 22,000

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024 1,873
Additions 1,696
At 31 December 2024 3,569
DEPRECIATION
At 1 January 2024 1,224
Charge for year 352
At 31 December 2024 1,576
NET BOOK VALUE
At 31 December 2024 1,993
At 31 December 2023 649

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors - 1,288
Other debtors 392 333
392 1,621

ALFLEX MACHINES LIMITED (REGISTERED NUMBER: 11736606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 15 2,831
Trade creditors 1 475
Taxation and social security 16,895 12,784
Other creditors 1,711 1,711
18,622 17,801

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

In other creditors, monies owed to the director amounting to £11 (2023: £11). This monies is non interest bearing and has no fixed date of repayment.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Koltuniak.