Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Benjamin Birrell 26/09/2018 Katie Louise Birrell 28/03/2022 Tina Ann Bolding 20/08/2024 28/03/2022 Dawn Dowds 28/03/2022 Beverley Jayne Harrow 11/09/2023 Zeeus Roy Thomas Stone 28/03/2022 11 April 2025 The principal activity of the company continued to be that of retail. 11588999 2024-12-31 11588999 bus:Director1 2024-12-31 11588999 bus:Director2 2024-12-31 11588999 bus:Director3 2024-12-31 11588999 bus:Director4 2024-12-31 11588999 bus:Director5 2024-12-31 11588999 bus:Director6 2024-12-31 11588999 2023-12-31 11588999 core:CurrentFinancialInstruments 2024-12-31 11588999 core:CurrentFinancialInstruments 2023-12-31 11588999 core:ShareCapital 2024-12-31 11588999 core:ShareCapital 2023-12-31 11588999 core:RetainedEarningsAccumulatedLosses 2024-12-31 11588999 core:RetainedEarningsAccumulatedLosses 2023-12-31 11588999 core:LandBuildings 2023-12-31 11588999 core:OtherPropertyPlantEquipment 2023-12-31 11588999 core:LandBuildings 2024-12-31 11588999 core:OtherPropertyPlantEquipment 2024-12-31 11588999 core:ImmediateParent core:CurrentFinancialInstruments 2024-12-31 11588999 core:ImmediateParent core:CurrentFinancialInstruments 2023-12-31 11588999 bus:OrdinaryShareClass1 2024-12-31 11588999 2024-01-01 2024-12-31 11588999 bus:FilletedAccounts 2024-01-01 2024-12-31 11588999 bus:SmallEntities 2024-01-01 2024-12-31 11588999 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11588999 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11588999 bus:Director1 2024-01-01 2024-12-31 11588999 bus:Director2 2024-01-01 2024-12-31 11588999 bus:Director3 2024-01-01 2024-12-31 11588999 bus:Director4 2024-01-01 2024-12-31 11588999 bus:Director5 2024-01-01 2024-12-31 11588999 bus:Director6 2024-01-01 2024-12-31 11588999 core:LandBuildings core:TopRangeValue 2024-01-01 2024-12-31 11588999 core:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 11588999 2023-01-01 2023-12-31 11588999 core:LandBuildings 2024-01-01 2024-12-31 11588999 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 11588999 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11588999 (England and Wales)

THE ORIGINAL ALTERNATIVE LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

THE ORIGINAL ALTERNATIVE LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

THE ORIGINAL ALTERNATIVE LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2024
THE ORIGINAL ALTERNATIVE LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
DIRECTORS Benjamin Birrell
Katie Louise Birrell
Tina Ann Bolding (Resigned 20 August 2024)
Dawn Dowds
Beverley Jayne Harrow
Zeeus Roy Thomas Stone
REGISTERED OFFICE 4 The Traverse
Bury St. Edmunds
IP33 1BJ
United Kingdom
COMPANY NUMBER 11588999 (England and Wales)
CHARTERED ACCOUNTANTS Gascoynes
Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY
THE ORIGINAL ALTERNATIVE LIMITED

BALANCE SHEET

As at 31 December 2024
THE ORIGINAL ALTERNATIVE LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,609 6,805
1,609 6,805
Current assets
Stocks 3,710 3,408
Debtors 4 40,696 13,684
Cash at bank and in hand 20 27,282
44,426 44,374
Creditors: amounts falling due within one year 5 ( 7,935) ( 164,028)
Net current assets/(liabilities) 36,491 (119,654)
Total assets less current liabilities 38,100 (112,849)
Net assets/(liabilities) 38,100 ( 112,849)
Capital and reserves
Called-up share capital 6 80 80
Profit and loss account 38,020 ( 112,929 )
Total shareholder's funds/(deficit) 38,100 ( 112,849)

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of The Original Alternative Limited (registered number: 11588999) were approved and authorised for issue by the Board of Directors on 11 April 2025. They were signed on its behalf by:

Dawn Dowds
Director
THE ORIGINAL ALTERNATIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
THE ORIGINAL ALTERNATIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Original Alternative Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 4 The Traverse, Bury St. Edmunds, IP33 1BJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 5 years straight line
Plant and machinery etc. 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 6 6

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 January 2024 33,371 4,274 37,645
Additions 321 208 529
At 31 December 2024 33,692 4,482 38,174
Accumulated depreciation
At 01 January 2024 28,123 2,717 30,840
Charge for the financial year 5,301 424 5,725
At 31 December 2024 33,424 3,141 36,565
Net book value
At 31 December 2024 268 1,341 1,609
At 31 December 2023 5,248 1,557 6,805

4. Debtors

2024 2023
£ £
Trade debtors 120 0
Amounts owed by Group undertakings 36,154 11,310
Other debtors 4,422 2,374
40,696 13,684

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 5,503 6,002
Amounts owed to Group undertakings 0 149,934
Amounts owed to Parent undertakings 0 3,584
Other taxation and social security 2,432 3,508
Other creditors 0 1,000
7,935 164,028

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
80 Ordinary shares of £ 1.00 each 80 80

7. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Amounts owed to directors - K Birrell 0 500
Amounts owed by directors - T Bolding 0 30
Amounts owed to directors - D Dowds 0 500
0 0

Other related party transactions

2024 2023
£ £
Amount owed to Haelan Pharmaceuticals Limited 0 3,584

8. Ultimate controlling party

Parent Company:

Haelan Pharmaceuticals Limited
Gascoyne House, Fornham All Saints, Bury St Edmunds, England, IP28 6JY