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REGISTERED NUMBER: 10790331 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 29 JUNE 2024

FOR

ALEXANDRA FOX NORTH LTD

ALEXANDRA FOX NORTH LTD (REGISTERED NUMBER: 10790331)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 July 2023 to 29 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ALEXANDRA FOX NORTH LTD

COMPANY INFORMATION
for the Period 1 July 2023 to 29 June 2024







DIRECTOR: Ms K D Small





REGISTERED OFFICE: 12-14a Bath Street
Altrincham
Cheshire
WA14 2EJ





REGISTERED NUMBER: 10790331 (England and Wales)





ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

ALEXANDRA FOX NORTH LTD (REGISTERED NUMBER: 10790331)

STATEMENT OF FINANCIAL POSITION
29 June 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 79,966 106,621
Investments 5 1 1
Investment property 6 4,705,000 5,200,000
4,784,967 5,306,622

CURRENT ASSETS
Debtors 7 2,312,201 2,285,142
Cash at bank and in hand 11,688 79,169
2,323,889 2,364,311
CREDITORS
Amounts falling due within one year 8 2,661,938 2,840,941
NET CURRENT LIABILITIES (338,049 ) (476,630 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,446,918

4,829,992

CREDITORS
Amounts falling due after more than one
year

9

(2,262,108

)

(2,567,303

)

PROVISIONS FOR LIABILITIES 11 (142,667 ) (178,792 )
NET ASSETS 2,042,143 2,083,897

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 12 427,409 535,782
Retained earnings 12 1,614,634 1,548,015
SHAREHOLDERS' FUNDS 2,042,143 2,083,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ALEXANDRA FOX NORTH LTD (REGISTERED NUMBER: 10790331)

STATEMENT OF FINANCIAL POSITION - continued
29 June 2024


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 director and authorised for issue on 27 June 2025 and were signed by:





Ms K D Small - Director


ALEXANDRA FOX NORTH LTD (REGISTERED NUMBER: 10790331)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 July 2023 to 29 June 2024

1. STATUTORY INFORMATION

Alexandra Fox North Ltd 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Alexandra Fox North Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover comprises the net rentals receivable, excluding value added tax, and arose wholly in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets are recorded at cost less depreciation and impairment.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
Short term financial assets, including trade, other debtors, creditors and related undertakings, are measured at the transaction price. Financial assets that have no stated interest rate and are recoverable within one year shall be measured at the undiscounted amount due.

Short term financial liabilities, including trade and other creditors and bank balances, are measured at the
transaction price. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.


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 statement of financial position date.


ALEXANDRA FOX NORTH LTD (REGISTERED NUMBER: 10790331)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 July 2023 to 29 June 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Government income
The company has claimed monies from HMRC and local Government as part of the Government COVID-19 grant scheme. This is recognised immediately the benefit becomes due.

Impairment of assets
At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss.

Where an impairment loss subsequently reverses, the carrying amount of each asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

ALEXANDRA FOX NORTH LTD (REGISTERED NUMBER: 10790331)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 July 2023 to 29 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 29 June 2024 142,089
DEPRECIATION
At 1 July 2023 35,468
Charge for period 26,655
At 29 June 2024 62,123
NET BOOK VALUE
At 29 June 2024 79,966
At 30 June 2023 106,621


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 29 June 2024 1
NET BOOK VALUE
At 29 June 2024 1
At 30 June 2023 1

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 5,200,000
Disposals (495,000 )
At 29 June 2024 4,705,000
NET BOOK VALUE
At 29 June 2024 4,705,000
At 30 June 2023 5,200,000

The investment properties have been revalued and included at their fair value at 29 June 2024 as determined by the director.

ALEXANDRA FOX NORTH LTD (REGISTERED NUMBER: 10790331)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 July 2023 to 29 June 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 7,800
Amounts owed by group undertakings 2,027,550 2,047,398
Other debtors 269,884 225,689
Prepayments and accrued income 14,767 4,255
2,312,201 2,285,142

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 119,205 157,199
Hire purchase contracts 26,763 26,763
Trade creditors 15,112 76,487
Social security and other taxes 2,712 -
Other creditors 260,106 260,107
Directors' current accounts 2,233,040 2,315,885
Accrued expenses 5,000 4,500
2,661,938 2,840,941

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 2,248,726 2,529,389
Hire purchase contracts 13,382 37,914
2,262,108 2,567,303

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 2,367,931 2,686,588
Hire purchase contracts 40,145 64,677
2,408,076 2,751,265

Bank loans are secured by way of a legal charge against investment properties together with a personal guarantee from a director.

Hire purchase contracts are secured on the assets concerned.

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 142,667 178,792

ALEXANDRA FOX NORTH LTD (REGISTERED NUMBER: 10790331)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 July 2023 to 29 June 2024

11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 178,792
Credit to Income Statement during period (36,125 )
Balance at 29 June 2024 142,667

12. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 July 2023 1,548,015 535,782 2,083,797
Deficit for the period (41,754 ) (41,754 )
Reserve transfer deferred tax (36,125 ) 36,125 -
Reserve transfer on disposal 144,498 (144,498 ) -
At 29 June 2024 1,614,634 427,409 2,042,043

Other reserves relate to non distributable profit and loss relating to the revaluation amount of investment
properties, together with deferred taxation thereon.

13. GUARANTEES

The company has total operating lease commitments amounting to £9,780 (2023: £27.553).

A director has provided a personal guarantee amounting to £35,000 (2023: £35,000).

14. 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.