Company registration number 09864744 (England and Wales)
ALTONOVUS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
ALTONOVUS LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
ALTONOVUS LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ALTONOVUS LIMITED FOR THE YEAR ENDED 31 OCTOBER 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Altonovus Limited for the year ended 31 October 2024, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Altonovus Limited, as a body, in accordance with the terms of our engagement letter dated 17 November 2015. Our work has been undertaken solely to prepare for your approval the financial statements of Altonovus Limited and state those matters that we have agreed to state to the board of directors of Altonovus Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Altonovus Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Altonovus Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Altonovus Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Altonovus Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Milne Eldridge & Co
Chartered Accountants
The Little House
88A West Street
Farnham
Surrey
GU9 7EP
11 June 2025
ALTONOVUS LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
- 2 -
2024
2023
£
£
Turnover
7,848
9,173
Cost of raw materials and consumables
(5,037)
(4,486)
Depreciation and other amounts written off assets
(785)
(787)
Other charges
(3,833)
(4,036)
Loss
(1,807)
(136)
ALTONOVUS LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 3 -
2024
2023
£
£
£
£
Fixed assets
1
786
Current assets
12,376
12,457
Creditors: amounts falling due within one year
(7,902)
(6,961)
Net current assets
4,474
5,496
Total assets less current liabilities
4,475
6,282
Creditors: amounts falling due after more than one year
(40,700)
(40,700)
Net liabilities
(36,225)
(34,418)
Capital and reserves - adverse balance
(36,225)
(34,418)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
3
3
ALTONOVUS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2024
31 October 2024
- 4 -
Altonovus Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Little House, 88A West Street, Farnham, Surrey, GU9 7EP.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
The financial statements were approved by the board of directors and authorised for issue on 6 June 2025 and are signed on its behalf by:
Mr GN Dean
Director
Company Registration Number 09864744
ALTONOVUS LIMITED
DETAILED PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
2024
2024
2023
2023
£
£
£
£
Turnover
Sales of goods
7,848
9,173
Cost of raw materials and consumables
Purchases and development costs
4,153
3,634
Postage and packaging
884
852
(5,037)
(4,486)
Depreciation and other amounts written off assets
Depreciation
785
787
(785)
(787)
Other charges
Computer running costs
789
1,324
Professional subscriptions
170
-
Accountancy
900
900
Bank charges
52
78
Credit card charges
278
228
Insurances (not premises)
940
913
Advertising
557
488
Telecommunications
108
105
Profit or loss on foreign exchange
39
-
(3,833)
(4,036)
Loss for the year
(1,807)
(136)