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REGISTERED NUMBER: SC568246 (Scotland)













Unaudited Financial Statements

for the Year Ended 30 June 2024

for

ALSTA LTD

ALSTA LTD (REGISTERED NUMBER: SC568246)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ALSTA LTD

Company Information
for the Year Ended 30 June 2024







DIRECTORS: A J Macfadyen
Mrs K S MacFadyen





REGISTERED OFFICE: 19 Ninian Crescent
Kirkintilloch
Glasgow
G66 3JR





REGISTERED NUMBER: SC568246 (Scotland)





ACCOUNTANTS: SD Business Management
Suite 4.5, Turnberry House
175 West George Street
Glasgow
Strathclyde
G2 2LB

ALSTA LTD (REGISTERED NUMBER: SC568246)

Abridged Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 18,474 16,271
Tangible assets 5 708 10,496
Investments 6 18,820 -
38,002 26,767

CURRENT ASSETS
Stocks 56,250 56,356
Debtors 37,714 38,966
Cash at bank 12,661 3,123
106,625 98,445
CREDITORS
Amounts falling due within one year 161,998 125,921
NET CURRENT LIABILITIES (55,373 ) (27,476 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,371 ) (709 )

PROVISIONS FOR LIABILITIES - 2,624
NET LIABILITIES (17,371 ) (3,333 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (17,471 ) (3,433 )
(17,371 ) (3,333 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ALSTA LTD (REGISTERED NUMBER: SC568246)

Abridged Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 June 2025 and were signed on its behalf by:





A J Macfadyen - Director


ALSTA LTD (REGISTERED NUMBER: SC568246)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Alsta Ltd 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. 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.

In accordance with their responsibilities as directors, the directors have considered the appropriateness of
the going concern basis for the preparation of the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Cryptocurrencies have been classed as intangible fixed assets in accordance with current guidance.
These have been initially recognised at cost, and revalued in line with market value.

While intangible assets are normally measured at cost less amortisation and accumulated impairment
losses, it was the view of the director that due to the volatility in value of these assets this would not have
given a true and fair view and therefore we have departed from the normal accounting standard for
intangibles.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 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.

ALSTA LTD (REGISTERED NUMBER: SC568246)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 July 2023 16,271
Additions 3,701
Revaluations (1,498 )
At 30 June 2024 18,474
NET BOOK VALUE

At 30 June 2024 18,474
At 30 June 2023 16,271

Cost or valuation at 30 June 2024 is represented by:

Totals
£   
Valuation in 2024 2,203
Cost 16,271
18,474

If cryptocurriencies had not been revalued they would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 6,646 12,342

Cryptocurriences were valued on an open market basis on 30 June 2024 by PayPal platforms .

ALSTA LTD (REGISTERED NUMBER: SC568246)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 20,755
Disposals (18,820 )
At 30 June 2024 1,935
DEPRECIATION
At 1 July 2023 10,259
Charge for year 554
Eliminated on disposal (9,586 )
At 30 June 2024 1,227
NET BOOK VALUE
At 30 June 2024 708
At 30 June 2023 10,496

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
Additions 9,234
Revaluations 9,586
At 30 June 2024 18,820
NET BOOK VALUE
At 30 June 2024 18,820

Cost or valuation at 30 June 2024 is represented by:
Totals
£   
Valuation in 2024 9,586
Cost 9,234
18,820

If fixed asset investments had not been revalued they would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 9,234 -

Fixed asset investments were valued on an open market basis on 30 June 2024 by director .