Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312023-09-01falseNo description of principal activity44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03069259 2023-09-01 2024-08-31 03069259 2022-09-01 2023-08-31 03069259 2024-08-31 03069259 2023-08-31 03069259 c:Director1 2023-09-01 2024-08-31 03069259 d:Buildings d:LongLeaseholdAssets 2023-09-01 2024-08-31 03069259 d:Buildings d:LongLeaseholdAssets 2024-08-31 03069259 d:Buildings d:LongLeaseholdAssets 2023-08-31 03069259 d:PlantMachinery 2023-09-01 2024-08-31 03069259 d:PlantMachinery 2024-08-31 03069259 d:PlantMachinery 2023-08-31 03069259 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03069259 d:FurnitureFittings 2023-09-01 2024-08-31 03069259 d:FurnitureFittings 2024-08-31 03069259 d:FurnitureFittings 2023-08-31 03069259 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03069259 d:OfficeEquipment 2023-09-01 2024-08-31 03069259 d:OfficeEquipment 2024-08-31 03069259 d:OfficeEquipment 2023-08-31 03069259 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03069259 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03069259 d:CurrentFinancialInstruments 2024-08-31 03069259 d:CurrentFinancialInstruments 2023-08-31 03069259 d:Non-currentFinancialInstruments 2024-08-31 03069259 d:Non-currentFinancialInstruments 2023-08-31 03069259 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 03069259 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 03069259 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 03069259 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 03069259 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 03069259 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 03069259 d:ShareCapital 2024-08-31 03069259 d:ShareCapital 2023-08-31 03069259 d:RetainedEarningsAccumulatedLosses 2024-08-31 03069259 d:RetainedEarningsAccumulatedLosses 2023-08-31 03069259 c:FRS102 2023-09-01 2024-08-31 03069259 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 03069259 c:FullAccounts 2023-09-01 2024-08-31 03069259 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 03069259 2 2023-09-01 2024-08-31 03069259 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 03069259









ALPEN UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
ALPEN UK LIMITED
REGISTERED NUMBER: 03069259

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
108,126
73,916

  
108,126
73,916

Current assets
  

Stocks
  
617,348
643,993

Debtors: amounts falling due within one year
 5 
535,998
501,414

Cash at bank and in hand
 6 
302,795
224,435

  
1,456,141
1,369,842

Creditors: amounts falling due within one year
 7 
(614,659)
(469,304)

Net current assets
  
 
 
841,482
 
 
900,538

Total assets less current liabilities
  
949,608
974,454

Creditors: amounts falling due after more than one year
 8 
(39,347)
(64,643)

  

Net assets
  
910,261
909,811


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
910,161
909,711

  
910,261
909,811


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

Page 1

 
ALPEN UK LIMITED
REGISTERED NUMBER: 03069259
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024







Neil Kendal Sainthouse
Director

Date: 30 April 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
ALPEN UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Alpen Uk Limited (company number 03069259) is a private company limited by shares, registered in England and Wales. Its registered office is at Unit 3a, Novus Park, Haig Road, Parkgate Industrial Estate, Knutsford, WA16 8FB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
ALPEN UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
ALPEN UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

L/Term Leasehold Property
-
10%
Straight Line
Plant & machinery
-
20%
Reducing Balance
Fixtures & fittings
-
20%
Reducing Balance
Office equipment
-
20%
Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
ALPEN UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.11

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 6

 
ALPEN UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Leasehold Improvements
Plant & machinery
Fixtures & fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 September 2023
73,226
5,256
32,441
43,871
154,794


Additions
25,381
5,275
16,494
3,598
50,748



At 31 August 2024

98,607
10,531
48,935
47,469
205,542



Depreciation


At 1 September 2023
7,323
4,617
30,395
38,543
80,878


Charge for the year on owned assets
9,862
1,183
3,708
1,785
16,538



At 31 August 2024

17,185
5,800
34,103
40,328
97,416



Net book value



At 31 August 2024
81,422
4,731
14,832
7,141
108,126



At 31 August 2023
65,903
639
2,046
5,328
73,916


5.


Debtors

2024
2023
£
£


Trade debtors
486,336
480,350

Other debtors
35,555
14,372

Prepayments and accrued income
14,107
6,692

535,998
501,414


Page 7

 
ALPEN UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
302,795
224,435

302,795
224,435



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
25,160
25,023

Trade creditors
445,524
259,563

Corporation tax
8,953
42,503

Other taxation and social security
121,556
106,357

Other creditors
10,416
32,808

Accruals and deferred income
3,050
3,050

614,659
469,304



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
39,347
64,643

39,347
64,643


The bank loan is guaranteed by the directors.

Page 8

 
ALPEN UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
25,160
25,023


25,160
25,023


Amounts falling due 2-5 years

Bank loans
39,347
64,643


39,347
64,643


64,507
89,666



10.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £15,362 (2023: £15,277).


11.


Related party transactions

Included in other creditors is amount of £10,416 (2024: £32,807) owed to the director Neil Sainthouse. No interest has been charged to the company in respect of the loan which is payable on demand. Included in other debtors are short loans of £21,183 to the deceased estates of the director family which have been repaid after the year end.  

 
Page 9