Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsefalse2023-04-01Other construction installation43trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09785042 2023-04-01 2024-03-31 09785042 2022-04-01 2023-03-31 09785042 2024-03-31 09785042 2023-03-31 09785042 c:Director1 2023-04-01 2024-03-31 09785042 d:Buildings d:ShortLeaseholdAssets 2023-04-01 2024-03-31 09785042 d:Buildings d:ShortLeaseholdAssets 2024-03-31 09785042 d:Buildings d:ShortLeaseholdAssets 2023-03-31 09785042 d:PlantMachinery 2023-04-01 2024-03-31 09785042 d:PlantMachinery 2024-03-31 09785042 d:PlantMachinery 2023-03-31 09785042 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09785042 d:MotorVehicles 2023-04-01 2024-03-31 09785042 d:MotorVehicles 2024-03-31 09785042 d:MotorVehicles 2023-03-31 09785042 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09785042 d:OfficeEquipment 2023-04-01 2024-03-31 09785042 d:OfficeEquipment 2024-03-31 09785042 d:OfficeEquipment 2023-03-31 09785042 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09785042 d:ComputerEquipment 2023-04-01 2024-03-31 09785042 d:ComputerEquipment 2024-03-31 09785042 d:ComputerEquipment 2023-03-31 09785042 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09785042 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09785042 d:CurrentFinancialInstruments 2024-03-31 09785042 d:CurrentFinancialInstruments 2023-03-31 09785042 d:Non-currentFinancialInstruments 2024-03-31 09785042 d:Non-currentFinancialInstruments 2023-03-31 09785042 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09785042 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09785042 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 09785042 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 09785042 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 09785042 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 09785042 d:ShareCapital 2024-03-31 09785042 d:ShareCapital 2023-03-31 09785042 d:RetainedEarningsAccumulatedLosses 2024-03-31 09785042 d:RetainedEarningsAccumulatedLosses 2023-03-31 09785042 c:FRS102 2023-04-01 2024-03-31 09785042 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09785042 c:FullAccounts 2023-04-01 2024-03-31 09785042 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09785042 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 09785042 d:HirePurchaseContracts d:WithinOneYear 2023-03-31 09785042 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 09785042 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-03-31 09785042 2 2023-04-01 2024-03-31 09785042 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 09785042










ALPHA BUILDING GROUP LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ALPHA BUILDING GROUP LTD
REGISTERED NUMBER: 09785042

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
102,851
67,864

  
102,851
67,864

Current assets
  

Stocks
  
327,289
167,809

Debtors: amounts falling due within one year
 5 
278,178
180,041

Cash at bank and in hand
 6 
79,562
28,388

  
685,029
376,238

Creditors: amounts falling due within one year
 7 
(358,352)
(221,715)

Net current assets
  
 
 
326,677
 
 
154,523

Total assets less current liabilities
  
429,528
222,387

Creditors: amounts falling due after more than one year
 8 
(148,578)
(75,000)

Provisions for liabilities
  

Deferred tax
  
(15,171)
-

  
 
 
(15,171)
 
 
-

Net assets
  
265,779
147,387


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
265,679
147,287

  
265,779
147,387


Page 1

 
ALPHA BUILDING GROUP LTD
REGISTERED NUMBER: 09785042
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Gregg Rhys Richards
Director

Date: 26 March 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
ALPHA BUILDING GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Alpha Building Group Ltd is a private company, limited by shares, registered in England and Wales.
The company's registered number is 09785042 and registered office address is 10 Tanywaun Penrhos, Ystradgynlais, Powys, SA9 1QY.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Rendering of services

Revenue 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 satisfied:
the amount of revenue 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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
ALPHA BUILDING GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. 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 profit or loss 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 Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss 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 in the countries where the Company operates and generates income.

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.


Page 4

 
ALPHA BUILDING GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
2%
on cost.
Plant and machinery
-
20%
on reducing balance.
Motor vehicles
-
20%
on reducing balance.
Office equipment
-
25%
on cost.
Computer equipment
-
25%
on cost.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 5

 
ALPHA BUILDING GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 3).

Page 6

 
ALPHA BUILDING GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 April 2023
1,141
1,835
88,665
-
674
92,315


Additions
20,576
-
22,109
632
7,992
51,309



At 31 March 2024

21,717
1,835
110,774
632
8,666
143,624



Depreciation


At 1 April 2023
6
882
23,479
-
85
24,452


Charge for the year on owned assets
327
191
15,248
39
516
16,321



At 31 March 2024

333
1,073
38,727
39
601
40,773



Net book value



At 31 March 2024
21,384
762
72,047
593
8,065
102,851



At 31 March 2023
1,135
953
65,187
-
589
67,864


5.


Debtors

2024
2023
£
£


Trade debtors
159,346
71,732

Amounts owed by group undertakings
94,536
-

Other debtors
24,296
108,309

278,178
180,041


Page 7

 
ALPHA BUILDING GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
79,562
28,388

79,562
28,388



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
40,000
39,612

Trade creditors
116,508
129,850

Corporation tax
45,181
6,151

Other taxation and social security
76,466
4,525

Obligations under finance lease and hire purchase contracts
5,685
-

Other creditors
70,265
39,077

Accruals and deferred income
4,247
2,500

358,352
221,715



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
136,733
75,000

Net obligations under finance leases and hire purchase contracts
11,845
-

148,578
75,000


Page 8

 
ALPHA BUILDING GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
40,000
39,612


40,000
39,612

Amounts falling due 1-2 years

Bank loans
136,733
75,000


136,733
75,000



176,733
114,612



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
5,685
-

Between 1-5 years
11,845
-

17,530
-

Page 9

 
ALPHA BUILDING GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

11.


Directors advances, credits and guarantees

2024
2023
£
£
G Richards
Balances outstanding at the start of year

(33,539)

(66,800)
 
Amounts advanced

175,776

97,553
 
Amounts repaid

(118,759)

(66,292)
 
Amounts written off

-

-
 
Amounts waived

-

-
 
Balances outstanding at end of year
23,478

(35,539)
 

 This loan is repayable on demand and includes interest at 2.5%.

 
Page 10