IRIS Accounts Production v25.1.3.33 01063308 Board of Directors 1.1.24 31.12.24 31.12.24 14.5.25 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh010633082023-12-31010633082024-12-31010633082024-01-012024-12-31010633082022-12-31010633082023-01-012023-12-31010633082023-12-3101063308ns15:EnglandWales2024-01-012024-12-3101063308ns14:PoundSterling2024-01-012024-12-3101063308ns10:Director12024-01-012024-12-3101063308ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101063308ns10:SmallEntities2024-01-012024-12-3101063308ns10:Audited2024-01-012024-12-3101063308ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101063308ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101063308ns10:FullAccounts2024-01-012024-12-3101063308ns10:Director22024-01-012024-12-3101063308ns10:RegisteredOffice2024-01-012024-12-3101063308ns5:CurrentFinancialInstruments2024-12-3101063308ns5:CurrentFinancialInstruments2023-12-3101063308ns5:ShareCapital2024-12-3101063308ns5:ShareCapital2023-12-3101063308ns5:RetainedEarningsAccumulatedLosses2024-12-3101063308ns5:RetainedEarningsAccumulatedLosses2023-12-31
REGISTERED NUMBER: 01063308 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Alexander Finance Limited

Alexander Finance Limited (Registered number: 01063308)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Alexander Finance Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: P R F Holmes
S Woodward





REGISTERED OFFICE: Robin Hood Park
South Road
Chapel St Leonards
Skegness
Lincolnshire
PE24 5TR





REGISTERED NUMBER: 01063308 (England and Wales)





AUDITORS: Torr Waterfield Limited
Statutory Auditor
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Alexander Finance Limited (Registered number: 01063308)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Stocks 810,000 810,000
Cash at bank 1,703 1,763
811,703 811,763
CREDITORS
Amounts falling due within one year 4 (1,553,151 ) (1,550,529 )
NET CURRENT LIABILITIES (741,448 ) (738,766 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(741,448

)

(738,766

)

CAPITAL AND RESERVES
Called up share capital 104,000 104,000
Retained earnings (845,448 ) (842,766 )
(741,448 ) (738,766 )

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by:





P R F Holmes - Director


Alexander Finance Limited (Registered number: 01063308)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Alexander Finance 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Going concern
The company is no longer writing new business and is collecting all outstanding debts due under existing agreements in order to repay the amount due to Blue Anchor Leisure Limited. If all debts are recovered there will be a shortfall in amounts owed to Blue Anchor Leisure Limited, which the company would be unable to settle.

The financial statements however, have been prepared on a going concern basis as the parent company, Blue Anchor Leisure Limited, has confirmed that it will continue to provide financial support to the company for a period of at least 12 months from the date of approval of these financial statements. The directors therefore consider that the company will have sufficient resources to meet liabilities as they fall due.

Related party exemption
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.

Stocks
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs.

Land for sale is valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Alexander Finance Limited (Registered number: 01063308)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

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

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed to group undertakings 1,551,551 1,548,929
Other creditors 1,600 1,600
1,553,151 1,550,529

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Torr FCCA (Senior Statutory Auditor)
for and on behalf of Torr Waterfield Limited

6. ULTIMATE CONTROLLING PARTY

The controlling party is Blue Anchor Leisure Holdings Limited.

The ultimate controlling party is S W Trust.

The parent undertaking of the largest and smallest group for which consolidated accounts are prepared is Blue Anchor Leisure Holdings Limited. Consolidated accounts are available from Robin Hood Park, South Road, Chapel St Leonards, Skegness, Lincolnshire, PE24 5TR.