Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Sinclair William Banks 19/01/2007 Andrew Donald Brown 01/12/2021 David Alexander Cardno 23/04/2018 Richard Alexander Duthie 25/06/2024 Robert Patrick Duthie 25/06/2024 19/01/2007 21 May 2025 The principal activity of the Company during the financial year continued to be that of the provision of a water treatment facility. SC252362 2024-12-31 SC252362 bus:Director1 2024-12-31 SC252362 bus:Director2 2024-12-31 SC252362 bus:Director3 2024-12-31 SC252362 bus:Director4 2024-12-31 SC252362 bus:Director5 2024-12-31 SC252362 2023-12-31 SC252362 core:CurrentFinancialInstruments 2024-12-31 SC252362 core:CurrentFinancialInstruments 2023-12-31 SC252362 core:Non-currentFinancialInstruments 2024-12-31 SC252362 core:Non-currentFinancialInstruments 2023-12-31 SC252362 core:ShareCapital 2024-12-31 SC252362 core:ShareCapital 2023-12-31 SC252362 core:RetainedEarningsAccumulatedLosses 2024-12-31 SC252362 core:RetainedEarningsAccumulatedLosses 2023-12-31 SC252362 core:LandBuildings 2023-12-31 SC252362 core:ConstructionInProgressAssetsUnderConstruction 2023-12-31 SC252362 core:Vehicles 2023-12-31 SC252362 core:OfficeEquipment 2023-12-31 SC252362 core:LandBuildings 2024-12-31 SC252362 core:ConstructionInProgressAssetsUnderConstruction 2024-12-31 SC252362 core:Vehicles 2024-12-31 SC252362 core:OfficeEquipment 2024-12-31 SC252362 2022-12-31 SC252362 bus:OrdinaryShareClass1 2024-12-31 SC252362 2024-01-01 2024-12-31 SC252362 bus:FilletedAccounts 2024-01-01 2024-12-31 SC252362 bus:SmallEntities 2024-01-01 2024-12-31 SC252362 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC252362 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC252362 bus:Director1 2024-01-01 2024-12-31 SC252362 bus:Director2 2024-01-01 2024-12-31 SC252362 bus:Director3 2024-01-01 2024-12-31 SC252362 bus:Director4 2024-01-01 2024-12-31 SC252362 bus:Director5 2024-01-01 2024-12-31 SC252362 core:LandBuildings core:TopRangeValue 2024-01-01 2024-12-31 SC252362 core:Vehicles core:TopRangeValue 2024-01-01 2024-12-31 SC252362 core:OfficeEquipment core:TopRangeValue 2024-01-01 2024-12-31 SC252362 2023-01-01 2023-12-31 SC252362 core:LandBuildings 2024-01-01 2024-12-31 SC252362 core:ConstructionInProgressAssetsUnderConstruction 2024-01-01 2024-12-31 SC252362 core:Vehicles 2024-01-01 2024-12-31 SC252362 core:OfficeEquipment 2024-01-01 2024-12-31 SC252362 core:Non-currentFinancialInstruments 2024-01-01 2024-12-31 SC252362 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 SC252362 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC252362 (Scotland)

ALISROSE LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

ALISROSE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

Contents

ALISROSE LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2024
ALISROSE LIMITED

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 2,119,772 599,572
2,119,772 599,572
Current assets
Stocks 4 8,197 8,197
Debtors 5 94,843 59,347
Cash at bank and in hand 6 277,845 139,373
380,885 206,917
Creditors: amounts falling due within one year 7 ( 882,471) ( 58,047)
Net current (liabilities)/assets (501,586) 148,870
Total assets less current liabilities 1,618,186 748,442
Creditors: amounts falling due after more than one year 8 ( 852,756) ( 7,304)
Provision for liabilities 9 ( 23,022) ( 41,397)
Net assets 742,408 699,741
Capital and reserves
Called-up share capital 10 930,000 930,000
Profit and loss account ( 187,592 ) ( 230,259 )
Total shareholders' funds 742,408 699,741

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:

The financial statements of Alisrose Limited (registered number: SC252362) were approved and authorised for issue by the Board of Directors on 21 May 2025. They were signed on its behalf by:

Sinclair William Banks
Director
ALISROSE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
ALISROSE 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

Alisrose Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 119 Shore Street, Fraserburgh, AB43 9BR, United Kingdom.

The financial statements have been prepared under the historical cost convention 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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents amounts receivable for water treatment services net of VAT and trade discounts.

Turnover is recognised when as the services are provided.

Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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 20 years straight line
Assets under construction not depreciated
Vehicles 4 years straight line
Office equipment 5 years straight line

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.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

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 Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Financial 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 Profit and Loss Account.

Stocks

Stocks are stated at the lower of cost and net realisable value.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated realisable value is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified 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.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 9 9

3. Tangible assets

Land and buildings Assets under construc-
tion
Vehicles Office equipment Total
£ £ £ £ £
Cost
At 01 January 2024 2,406,809 0 56,249 44,045 2,507,103
Additions 162,205 1,490,747 0 6,412 1,659,364
At 31 December 2024 2,569,014 1,490,747 56,249 50,457 4,166,467
Accumulated depreciation
At 01 January 2024 1,841,910 0 34,586 31,035 1,907,531
Charge for the financial year 122,921 0 9,999 6,244 139,164
At 31 December 2024 1,964,831 0 44,585 37,279 2,046,695
Net book value
At 31 December 2024 604,183 1,490,747 11,664 13,178 2,119,772
At 31 December 2023 564,899 0 21,663 13,010 599,572

4. Stocks

2024 2023
£ £
Stocks 8,197 8,197

5. Debtors

2024 2023
£ £
Trade debtors 33,476 47,669
Other debtors 61,367 11,678
94,843 59,347

6. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 277,845 139,373

7. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 256,641 18,864
Taxation and social security 50,688 19,611
Obligations under finance leases and hire purchase contracts 6,409 6,409
Other creditors 568,733 13,163
882,471 58,047

8. Creditors: amounts falling due after more than one year

2024 2023
£ £
Obligations under finance leases and hire purchase contracts (secured) 896 7,304
Other creditors 851,860 0
852,756 7,304

Obligations under finance lease agreements and hire purchase contracts are secured by fixed charges over the asset to which they relate.

9. Deferred tax

2024 2023
£ £
At the beginning of financial year ( 41,397) ( 85,776)
Credited to the Profit and Loss Account 18,375 44,379
At the end of financial year ( 23,022) ( 41,397)

10. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
930,000 Ordinary shares of £ 1.00 each 930,000 930,000

11. Financial commitments

Commitments

Capital commitments are as follows:

2024 2023
£ £
Contracted for but not provided for:
Tangible fixed assets 370,000 0

12. Related party transactions

Transactions with owners holding a participating interest in the entity

2024 2023
£ £
Loans from shareholders 851,860 0

These loans are provided under normal market conditions and there is a repayment plan in place.