Company Registration No. 12751348 (England and Wales)
Alkaia Ltd
Unaudited accounts
for the year ended 31 July 2024
Alkaia Ltd
Unaudited accounts
Contents
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
Alkaia Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
11,001
675,000
Cash at bank and in hand
126,547
118,613
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
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
Alkaia Ltd
Notes to the Accounts
for the year ended 31 July 2024
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.
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.
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
Charge for the year
677,088
2,370
679,458
At 31 July 2024
677,088
2,370
679,458
At 31 July 2024
6,262
4,739
11,001
At 31 July 2023
675,000
-
675,000
Amounts falling due within one year
Other debtors
1,500
556,387
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
-
Taxes and social security
4,587
4,587
Loans from directors
1,028
62,413
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).