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REGISTERED NUMBER: SC799363 (Scotland)















Financial Statements

for the period

16 February 2024 to 31 December 2024

for

ALTERNATIVE EARTH SOFTWARE LIMITED

ALTERNATIVE EARTH SOFTWARE LIMITED (REGISTERED NUMBER: SC799363)

Contents of the Financial Statements
for the period 16 February 2024 to 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALTERNATIVE EARTH SOFTWARE LIMITED

Company Information
for the period 16 February 2024 to 31 December 2024







Directors: D Crombie
A Salah





Secretary: Addleshaw Goddard (Scotland) Secretarial Limited





Registered office: 1st Floor North, Kingshill View Prime
Four Business Park,
Kingswells
Aberdeen
AB15 8PU





Registered number: SC799363 (Scotland)





Auditors: S & W Partners Audit Limited
Northern Assurance Buildings
9-21 Princess Street
Manchester
M2 4DN

ALTERNATIVE EARTH SOFTWARE LIMITED (REGISTERED NUMBER: SC799363)

Balance Sheet
31 December 2024

Notes £

Creditors
Amounts falling due within one year 5 198,415
Net current liabilities (198,415 )
Total assets less current liabilities (198,415 )

Capital and reserves
Called up share capital 6 1
Retained earnings (198,416 )
Shareholders' funds (198,415 )

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 26 May 2025 and were signed on its behalf by:





D Crombie - Director


ALTERNATIVE EARTH SOFTWARE LIMITED (REGISTERED NUMBER: SC799363)

Notes to the Financial Statements
for the period 16 February 2024 to 31 December 2024


1. Statutory information

Alternative Earth Software Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

The functional currency of the reporting entity is considered to be US Dollars because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pounds sterling.

Going Concern
The company is reliant in the absence of other funding on the continued support of the parent company. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.

Consequently, the directors have formed a a judgement, at the time of approving the financial statements, that there is a reasonable expectation the company remains to have sufficient funds to continue to meet its liabilities as they fall due for atleast twelve months from the date of approval of the financial statements and therefore has prepared the financial statements on a going concern basis.

Foreign currencies
The entity has presented its financial statements in sterling, the functional currency of the entity is dollars. On this basis the entity has translated its items of income and expenses using the average rate between the two currencies in the year, and assets and liabilities using the spot rate between the two currencies at the year end. Exchange differences are recorded in the other comprehensive income.

Foreign currencies are dealt with as follows:

i) Foreign currency denominated assets and liabilities of Alternative Earth Software Limited are translated at the rate of exchange ruling at the balance sheet date.
ii) Income and expenditure for the period are translated at the appropriate rates prevailing during the period, updated on a monthly basis.
iii) Exchange differences are recorded in the other comprehensive income.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument. All financial assets and liabilities are initially measured at transaction price (including transaction costs). Financial assets and liabilities are subsequently carried at amortised costs, using the the effective interest rate method. Financial assets and liabilities that are equity insurances are measured at cost less impairment

Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

ALTERNATIVE EARTH SOFTWARE LIMITED (REGISTERED NUMBER: SC799363)

Notes to the Financial Statements - continued
for the period 16 February 2024 to 31 December 2024


4. Employees and directors

The average number of employees during the period was 2 .

5. Creditors: amounts falling due within one year
£
Trade creditors 198,415

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal
value: £
10 Ordinary £0.10 1

10 Ordinary shares of £0.10 each were allotted and fully paid for cash at par during the period.

7. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Antony Sassen FCA (Senior Statutory Auditor)
for and on behalf of S & W Partners Audit Limited

8. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group