REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2025 |
for |
Alinco Services Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2025 |
for |
Alinco Services Limited |
Alinco Services Limited (Registered number: 08073301) |
Contents of the Financial Statements |
for the Year Ended 31 March 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Alinco Services Limited |
Company Information |
for the Year Ended 31 March 2025 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
6 High Street |
Wheathampstead |
Hertfordshire |
AL4 8AA |
Alinco Services Limited (Registered number: 08073301) |
Balance Sheet |
31 March 2025 |
31.3.25 | 31.3.24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
Alinco Services Limited (Registered number: 08073301) |
Balance Sheet - continued |
31 March 2025 |
The financial statements were approved by the director and authorised for issue on |
Alinco Services Limited (Registered number: 08073301) |
Notes to the Financial Statements |
for the Year Ended 31 March 2025 |
1. | STATUTORY INFORMATION |
Alinco Services Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 6 High Street, Wheathampstead, Herts, AL4 8AA. |
The financial statements are presented in Sterling, which is the functional currency of the company. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover & revenue recognition |
Turnover represents the fair value of fees and expenses charged to clients excluding Value Added Tax (having regards to the fulfilment of contractual obligations). |
Tangible fixed assets |
Depreciation is provided, at the following annual rates in order to write off each asset over its estimated useful life: |
Office Equipment - 25% on cost. |
Taxation |
Taxation represents the sum of tax currently payable and deferred tax. |
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. |
Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. |
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. |
Foreign currencies |
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Alinco Services Limited (Registered number: 08073301) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
4. | TANGIBLE FIXED ASSETS |
Office |
equipment |
£ |
COST |
At 1 April 2024 |
and 31 March 2025 |
DEPRECIATION |
At 1 April 2024 |
Charge for year |
At 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 March 2024 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1 April 2024 |
and 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 March 2024 |
In September 2022 the company bought 500 shares (4.76% of the equity) in Renepower Energy Ltd, a company incorporated on 27th July 2020 to produce and trade in electricity. |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.25 | 31.3.24 |
£ | £ |
Trade debtors |
Other debtors |
Prepayments and accrued income |
Alinco Services Limited (Registered number: 08073301) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.25 | 31.3.24 |
£ | £ |
Tax |
Social security and other taxes |
Directors' loan accounts | 1,303 | 1,131 |
Accruals and deferred income |
8. | RELATED PARTY TRANSACTIONS |
Included in Creditors is £1,303 (2024 : £1,131) owed to the Director, Mr A G Gordon. |
The loan is repayable on demand and is free of interest. |
Included in Debtors is £324,360 (2024: £224,360) owed by Alinco Properties Limited. Alinco Properties Limited was incorporated on 27th December 2013. Mr A G Gordon is a Director of both Alinco Services Limited and Alinco Properties Limited. |
Also included in debtors is a loan of £20,000 (2024: £20,000) owed by Renepower Energy Ltd which was incorporated on 24 July 2020. Mr Gordon is also a director of Renepower Energy Ltd. |