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Company Registration No. 12751348 (England and Wales)
Alkaia Ltd Unaudited accounts for the year ended 31 July 2024
Alkaia Ltd Unaudited accounts Contents
Page
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Alkaia Ltd Company Information for the year ended 31 July 2024
Director
Dr Olayinka Oloko
Company Number
12751348 (England and Wales)
Registered Office
255 Dales Road Ipswich IP1 4LR England
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Alkaia Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,001 
675,000 
Current assets
Debtors
1,500 
556,387 
Cash at bank and in hand
126,547 
118,613 
128,047 
675,000 
Creditors: amounts falling due within one year
(43,692)
(67,000)
Net current assets
84,355 
608,000 
Total assets less current liabilities
95,356 
1,283,000 
Creditors: amounts falling due after more than one year
(13,889)
(67,000)
Net assets
81,467 
1,216,000 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
81,466 
1,215,999 
Shareholders' funds
81,467 
1,216,000 
For the year ending 31 July 2024 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.
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 15 July 2025 and were signed on its behalf by
Dr Olayinka Oloko Director Company Registration No. 12751348
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Alkaia Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Alkaia Ltd is a private company, limited by shares, registered in England and Wales, registration number 12751348. The registered office is 255 Dales Road, Ipswich, IP1 4LR, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
33.33% straight line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
675,000 
- 
675,000 
Additions
8,350 
7,109 
15,459 
At 31 July 2024
683,350 
7,109 
690,459 
Depreciation
Charge for the year
677,088 
2,370 
679,458 
At 31 July 2024
677,088 
2,370 
679,458 
Net book value
At 31 July 2024
6,262 
4,739 
11,001 
At 31 July 2023
675,000 
- 
675,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,500 
556,387 
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Alkaia Ltd Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
33,333 
- 
VAT
4,744 
- 
Taxes and social security
4,587 
4,587 
Loans from directors
1,028 
62,413 
43,692 
67,000 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,889 
- 
Other creditors
- 
67,000 
13,889 
67,000 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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