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Company Registration No. 10862386 (England and Wales)
Allister Group Limited Unaudited accounts for the year ended 31 July 2024
Allister Group Limited Unaudited accounts Contents
Page
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Allister Group Limited Company Information for the year ended 31 July 2024
Director
Jessica Allister
Company Number
10862386 (England and Wales)
Registered Office
C/O Accounts And Legal 81 King Street Manchester Greater Manchester M2 4AH United Kingdom
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Allister Group Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,587 
238 
Current assets
Inventories
1,845 
- 
Debtors
634 
4,217 
Cash at bank and in hand
515 
5,479 
2,994 
9,696 
Creditors: amounts falling due within one year
(13,271)
(6,518)
Net current (liabilities)/assets
(10,277)
3,178 
Total assets less current liabilities
5,310 
3,416 
Provisions for liabilities
Deferred tax
(2,962)
- 
Net assets
2,348 
3,416 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,347 
3,415 
Shareholders' funds
2,348 
3,416 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2025 and were signed on its behalf by
Jessica Allister Director Company Registration No. 10862386
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Allister Group Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Allister Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10862386. The registered office is C/O Accounts And Legal, 81 King Street, Manchester, Greater Manchester, M2 4AH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director has reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, She continue to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Allister Group Limited Notes to the Accounts for the year ended 31 July 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
164 
21,743 
21,907 
Additions
- 
19,416 
19,416 
At 31 July 2024
164 
41,159 
41,323 
Depreciation
At 1 August 2023
27 
21,642 
21,669 
Charge for the year
41 
4,026 
4,067 
At 31 July 2024
68 
25,668 
25,736 
Net book value
At 31 July 2024
96 
15,491 
15,587 
At 31 July 2023
137 
101 
238 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
478 
- 
Trade debtors
- 
4,103 
Accrued income and prepayments
156 
114 
634 
4,217 
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Allister Group Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
561 
Trade creditors
289 
(51)
Taxes and social security
- 
2,975 
Other creditors
- 
80 
Loans from directors
12,982 
181 
Accruals
- 
2,772 
13,271 
6,518 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
2,962 
- 
2024 
2023 
£ 
£ 
Charged to the profit and loss account
2,962 
- 
Provision at end of year
2,962 
- 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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