1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-08-01 Sage Accounts Production Advanced 2024 - FRS102_2024 20,000 20,000 11,461 10,846 615 11,461 615 xbrli:pure xbrli:shares iso4217:GBP 05888089 2023-08-01 2024-07-31 05888089 2024-07-31 05888089 2023-07-31 05888089 2022-08-01 2023-07-31 05888089 2023-07-31 05888089 2022-07-31 05888089 core:NetGoodwill 2023-08-01 2024-07-31 05888089 core:FurnitureFittings 2023-08-01 2024-07-31 05888089 bus:Director1 2023-08-01 2024-07-31 05888089 core:NetGoodwill 2024-07-31 05888089 core:FurnitureFittings 2023-07-31 05888089 core:FurnitureFittings 2024-07-31 05888089 core:WithinOneYear 2024-07-31 05888089 core:WithinOneYear 2023-07-31 05888089 core:ShareCapital 2024-07-31 05888089 core:ShareCapital 2023-07-31 05888089 core:RetainedEarningsAccumulatedLosses 2024-07-31 05888089 core:RetainedEarningsAccumulatedLosses 2023-07-31 05888089 core:FurnitureFittings 2023-07-31 05888089 bus:Director1 2023-07-31 05888089 bus:Director1 2024-07-31 05888089 bus:Director1 2022-07-31 05888089 bus:Director1 2023-07-31 05888089 bus:Director1 2022-08-01 2023-07-31 05888089 bus:SmallEntities 2023-08-01 2024-07-31 05888089 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05888089 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05888089 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05888089 bus:FullAccounts 2023-08-01 2024-07-31
COMPANY REGISTRATION NUMBER: 05888089
Alphabetta Limited
Filleted Unaudited Financial Statements
For the year ended
31 July 2024
Alphabetta Limited
Statement of Financial Position
31 July 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
6
615
Current assets
Debtors
7
993
Cash at bank and in hand
5,136
7,146
-------
-------
6,129
7,146
Creditors: amounts falling due within one year
8
32,962
31,142
--------
--------
Net current liabilities
26,833
23,996
--------
--------
Total assets less current liabilities
( 26,833)
( 23,381)
--------
--------
Capital and reserves
Called up share capital
1
1
Profit and loss account
( 26,834)
( 23,382)
--------
--------
Shareholder deficit
( 26,833)
( 23,381)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 21 July 2025 , and are signed on behalf of the board by:
Mrs E Robinson
Director
Company registration number: 05888089
Alphabetta Limited
Notes to the Financial Statements
Year ended 31 July 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 23 Hornton Court, Kensington High Street, London, W8 7RT.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
10% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
10% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Intangible assets
Goodwill
£
Cost
At 1 August 2023 and 31 July 2024
20,000
--------
Amortisation
At 1 August 2023 and 31 July 2024
20,000
--------
Carrying amount
At 31 July 2024
--------
At 31 July 2023
--------
6. Tangible assets
Fixtures and fittings
Total
£
£
Cost
At 1 August 2023 and 31 July 2024
11,461
11,461
--------
--------
Depreciation
At 1 August 2023
10,846
10,846
Charge for the year
615
615
--------
--------
At 31 July 2024
11,461
11,461
--------
--------
Carrying amount
At 31 July 2024
--------
--------
At 31 July 2023
615
615
--------
--------
7. Debtors
2024
2023
£
£
Trade debtors
993
----
----
8. Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
32,962
31,142
--------
--------
9. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mrs E Robinson
( 31,142)
( 1,820)
( 32,962)
--------
-------
--------
2023
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mrs E Robinson
( 30,430)
( 712)
( 31,142)
--------
----
--------