Company registration number 08787263 (England and Wales)
Alfie Noakes Limited
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 July 2024
PAGES FOR FILING WITH REGISTRAR
Alfie Noakes Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
Alfie Noakes Limited
Statement Of Financial Position
as at 31 July 2024
31 July 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment properties
3
4,079,299
4,079,298
Investments
4
60
60
4,079,359
4,079,358
Current assets
Debtors
2,908
-
0
Cash at bank and in hand
16,906
24,107
19,814
24,107
Creditors: amounts falling due within one year
(458,836)
(397,301)
Net current liabilities
(439,022)
(373,194)
Total assets less current liabilities
3,640,337
3,706,164
Creditors: amounts falling due after more than one year
(1,201,054)
(1,255,714)
Provisions for liabilities
5
(183,254)
(183,254)
Net assets
2,256,029
2,267,196
Capital and reserves
Called up share capital
6
60
60
Revaluation reserve
7
549,761
549,761
Profit and loss reserves
1,706,208
1,717,375
Total equity
2,256,029
2,267,196
Alfie Noakes Limited
Statement Of Financial Position (continued)
as at 31 July 2024
31 July 2024
- 2 -

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 28 October 2024 and are signed on its behalf by:
J Titterington
Director
Company Registration No. 08787263
Alfie Noakes Limited
Notes to the financial statements
for the year ended 31 July 2024
- 3 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 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 £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Group accounts

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

Turnover

Turnover represent the fair value of the consideration received for services provided in the normal course of business, and is shown net of VAT. Turnover is recognised on an accruals basis.

Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Fixed asset investments

Interests in subsidiaries are initially 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 or 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.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the income statement.

 

The properties are included in the accounts at cost as in the opinion of the directors these represent fair value of the properties.

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Alfie Noakes Limited
Notes to the financial statements (continued)
for the year ended 31 July 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Investment property
2024
£
Fair value
At 1 August 2023 and 31 July 2024
4,079,299
4
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
60
60

 

5
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2024
2023
Balances:
£
£
Revaluations
183,254
183,254
There were no deferred tax movements in the year.
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
20
20
20
20
Ordinary B shares of £1 each
20
20
20
20
Ordinary C shares of £1 each
20
20
20
20
60
60
60
60
Alfie Noakes Limited
Notes to the financial statements (continued)
for the year ended 31 July 2024
- 5 -
7
Revaluation reserve
2024
2023
£
£
At the beginning of the year
549,761
-
0
Transfer to retained earnings
-
0
549,761
At the end of the year
549,761
549,761
8
Company information

Alfie Noakes Limited is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.

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