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REGISTERED NUMBER: 07863253 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

ALPHA INDUSTRIAL LIMITED

ALPHA INDUSTRIAL LIMITED (REGISTERED NUMBER: 07863253)

Contents of the Financial Statements
for the year ended 31 August 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ALPHA INDUSTRIAL LIMITED

Company Information
for the year ended 31 August 2024







DIRECTORS: R J Symes
Mrs S L Symes





REGISTERED OFFICE: 5th Floor
Palladium House
1-4 Argyll Street
London
W1F 7TA





REGISTERED NUMBER: 07863253 (England and Wales)





ACCOUNTANTS: Thorne Lancaster Parker
5th Floor
Palladium House
1-4 Argyll Street
London
W1F 7TA

ALPHA INDUSTRIAL LIMITED (REGISTERED NUMBER: 07863253)

Statement of Financial Position
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 5 3,752 12,759

CURRENT ASSETS
Inventories 331,602 331,602
Debtors 6 92,610 74,580
Cash at bank 10,647 25,814
434,859 431,996
CREDITORS
Amounts falling due within one year 7 (87,437 ) (84,538 )
NET CURRENT ASSETS 347,422 347,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

351,174

360,217

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 351,074 360,117
SHAREHOLDERS' FUNDS 351,174 360,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by:





R J Symes - Director


ALPHA INDUSTRIAL LIMITED (REGISTERED NUMBER: 07863253)

Notes to the Financial Statements
for the year ended 31 August 2024


1. STATUTORY INFORMATION

Alpha Industrial Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Turnover
Revenue 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.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ALPHA INDUSTRIAL LIMITED (REGISTERED NUMBER: 07863253)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


3. ACCOUNTING POLICIES - continued

Financial instruments
The company has chosen to adopt Section 11 of FRS 102 in respect of financial instruments as it has only basic financial instruments.

a) Basic financial assets

Trade and other debtors, loans to fellow group companies, loans to related companies, other debtors and bank balances, which are due within one year are initially recognised at transaction price and subsequently carried at amortised cost being the transaction price less any amounts settled and any impairment losses.

At the end of each reporting period basic financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

A financial asset is derecognised only when the contractual rights to cash flows expire or are settled, or substantially all the risks and rewards of ownership are transferred to another party, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

b) Basic financial liabilities and equity

Financial liabilities are classified as liabilities and equity instruments according to the substance of the contractual arrangements entered into an equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Trade creditors, other creditors and loans from fellow group and related companies are initially recognised at transaction price and subsequently carried at amortised cost, being transaction price less any amounts settled.

Bank overdrafts and invoice discounting facility are presented within creditors: amounts falling due within one year.

Other loans are initially recognised at the transaction price, including transaction costs and subsequently measured at amortised cost using the effective interest method. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and other similar charges.

Basic financial liabilities are derecognised when the contractual obligation is discharged, cancelled or expired.

c) Equity instruments

The ordinary share capital of the company is classified as equity and recorded at fair value of the cash or other resources received or receivable, net of direct costs of issuing the equity instruments.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise of cash at bank and short term deposits with an original maturity date of three months or less.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

ALPHA INDUSTRIAL LIMITED (REGISTERED NUMBER: 07863253)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 September 2023
and 31 August 2024 27,019
DEPRECIATION
At 1 September 2023 14,260
Charge for year 9,007
At 31 August 2024 23,267
NET BOOK VALUE
At 31 August 2024 3,752
At 31 August 2023 12,759

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 55,735 52,956
Amounts owed by group undertakings 22,500 10,000
Other debtors 10,000 10,000
VAT 1,507 -
Prepayments and accrued income 2,868 1,624
92,610 74,580

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 49,759 21,667
Amounts owed to group undertakings 16,939 26,346
Tax - 6,879
VAT - 8,421
Other creditors 1,200 1,200
Accruals and deferred income 19,539 20,025
87,437 84,538

ALPHA INDUSTRIAL LIMITED (REGISTERED NUMBER: 07863253)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


8. RELATED PARTY DISCLOSURES

Advanced Surface Treatments (Coventry) Limited
Fellow subsidiary

At balance sheet date the Company owed by Advanced Surface Treatments (Coventry) Limited £16,939 (2023: £26,346). This amount is interest free, unsecured and there is no fixed date for repayment.

Beta (Coventry) Limited
Fellow subsidiary

At balance sheet date the Company owed Beta (Coventry) Limited £22,500 (2023: £10,000). This amount is interest free, unsecured and there is no fixed date for repayment.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Metal Colours Holdings Limited.

The ultimate controlling party is R J Symes.