Company Registration No. 13277780 (England and Wales)
Alaric Limited
Unaudited accounts
for the year ended 31 March 2025
Alaric Limited
Unaudited accounts
Contents
Alaric Limited
Company Information
for the year ended 31 March 2025
Director
Mr George Kitovitz
Company Number
13277780 (England and Wales)
Registered Office
23 STUDLAND STREET
LONDON
W6 0JS
ENGLAND
Accountants
Poppy Accounting Ltd
32 Thurlstone Moor Avenue
Penistone
Sheffield
S36 8BF
Alaric Limited
Statement of financial position
as at 31 March 2025
Investment property
1,291,374
901,393
Cash at bank and in hand
29,344
8,451
Creditors: amounts falling due within one year
(22,087)
(18,305)
Net current assets/(liabilities)
13,581
(6,781)
Total assets less current liabilities
1,304,955
894,612
Creditors: amounts falling due after more than one year
(1,254,040)
(866,416)
Called up share capital
1,000
1,000
Profit and loss account
49,915
27,196
Shareholders' funds
50,915
28,196
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 June 2025 and were signed on its behalf by
Mr George Kitovitz
Director
Company Registration No. 13277780
Alaric Limited
Notes to the Accounts
for the year ended 31 March 2025
Alaric Limited is a private company, limited by shares, registered in England and Wales, registration number 13277780. The registered office is 23 STUDLAND STREET, LONDON, W6 0JS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Transactions with related parties
Included in creditors due after 1 year is an amount owing to the Director of £499,669 (2024: £286,429). The Director has no plans to take repayment and the loan does not attract any interest.
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).