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REGISTERED NUMBER: 15012360 (England and Wales)

















Unaudited Financial Statements

for the Period

19 July 2023 to 30 September 2024

for

Alexstel Property Limited

Alexstel Property Limited (Registered number: 15012360)






Contents of the Financial Statements
for the Period 19 July 2023 to 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alexstel Property Limited

Company Information
for the Period 19 July 2023 to 30 September 2024







DIRECTORS: R Barton
S A Barton
Mrs S Barton





REGISTERED OFFICE: 21 Gold Tops
Newport
South Wales
NP20 4PG





REGISTERED NUMBER: 15012360 (England and Wales)





ACCOUNTANTS: Guilfoyle Sage LLP
21 Gold Tops
Newport
South Wales
NP20 4PG

Alexstel Property Limited (Registered number: 15012360)

Balance Sheet
30 September 2024

Notes £    £   
FIXED ASSETS
Tangible assets 5 1,519,000

CURRENT ASSETS
Debtors 6 19,915
Cash in hand 1
19,916
CREDITORS
Amounts falling due within one year 7 5,073
NET CURRENT ASSETS 14,843
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,533,843

CAPITAL AND RESERVES
Called up share capital 8 1,400,001
Share premium 150,000
Retained earnings (16,158 )
SHAREHOLDERS' FUNDS 1,533,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

Alexstel Property Limited (Registered number: 15012360)

Balance Sheet - continued
30 September 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by:




R Barton - Director



S A Barton - Director


Alexstel Property Limited (Registered number: 15012360)

Notes to the Financial Statements
for the Period 19 July 2023 to 30 September 2024

1. STATUTORY INFORMATION

Alexstel Property Limited is a private company, limited by shares and is incorporated in England and Wales. The company's registered number is 15012360 and the address of its registered office is 21 Gold Tops, Newport, United Kingdom, NP20 4PG.

These financial statements are the company's separate financial statements, covering the year to 30 September 2024 and are presented in Sterling (£), the company's functional currency, rounded to the nearest pound.

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

2. STATEMENT OF COMPLIANCE

The individual financial statements of Alexstel Property Limited have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Alexstel Property Limited (Registered number: 15012360)

Notes to the Financial Statements - continued
for the Period 19 July 2023 to 30 September 2024

3. ACCOUNTING POLICIES - continued
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 period 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
Additions 1,112,832
Revaluations 437,168
At 30 September 2024 1,550,000
DEPRECIATION
Charge for period 31,000
At 30 September 2024 31,000
NET BOOK VALUE
At 30 September 2024 1,519,000

Cost or valuation at 30 September 2024 is represented by:

Land and
buildings
£   
Valuation in 2023 437,168
Cost 1,112,832
1,550,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 19,915

Alexstel Property Limited (Registered number: 15012360)

Notes to the Financial Statements - continued
for the Period 19 July 2023 to 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 4,123
Other creditors 950
5,073

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,400,001 Ordinary £1 1,400,001

1,400,001 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.