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REGISTERED NUMBER: 11387592 (England and Wales)














Alexandra Property Group Ltd

Unaudited Financial Statements

for the Year Ended 31 October 2024






Alexandra Property Group Ltd (Registered number: 11387592)

Contents of the Financial Statements
for the Year Ended 31 October 2024










Page

Statement of financial position 1

Notes to the financial statements 3


Alexandra Property Group Ltd (Registered number: 11387592)

Statement of Financial Position
31 October 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investment property 5 2,590,377 2,439,948

Current assets
Debtors 6 17,038 15,630
Cash at bank 98,403 23,895
115,441 39,525
Creditors
Amounts falling due within one year 7 469,028 698,975
Net current liabilities (353,587 ) (659,450 )
Total assets less current liabilities 2,236,790 1,780,498

Creditors
Amounts falling due after more than one
year

8

(343,119

)

(383,071

)

Provisions for liabilities (11,910 ) (11,910 )
Net assets 1,881,761 1,385,517

Capital and reserves
Called up share capital 9 44 44
Retained earnings 1,881,717 1,385,473
Shareholders' funds 1,881,761 1,385,517

Alexandra Property Group Ltd (Registered number: 11387592)

Statement of Financial Position - continued
31 October 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:





B D Gunner - Director


Alexandra Property Group Ltd (Registered number: 11387592)

Notes to the Financial Statements
for the Year Ended 31 October 2024


1. Statutory information

Alexandra Property Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11387592

Registered office: The Barn
59 Northorpe
Thurlby
Bourne
Lincolnshire
PE10 0HH

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

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.

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 statement of financial position date.

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 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.

Alexandra Property Group Ltd (Registered number: 11387592)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


3. Accounting policies - continued

Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting dare. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with this difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Share capital
Ordinary shares are classified as equity. Equity instruments are measured at fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instrument. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis

Dividends
Dividend distribution to the company's shareholders is recongised as a liability in the financial statements in the reporting period in which the dividends are declared.

4. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

Alexandra Property Group Ltd (Registered number: 11387592)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


5. Investment property
Total
£   
Fair value
At 1 November 2023 2,439,948
Additions 150,429
At 31 October 2024 2,590,377
Net book value
At 31 October 2024 2,590,377
At 31 October 2023 2,439,948

6. Debtors: amounts falling due within one year
2024 2023
£    £   
VAT 11,130 11,492
Prepayments 5,908 4,138
17,038 15,630

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 50,340 59,700
Trade creditors (196 ) 9,571
Amounts owed to participating interests 378,419 589,637
Tax 234 -
Directors' current accounts 38,567 38,567
Accruals and deferred income 1,664 1,500
469,028 698,975

Creditors due within one year include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £50,340 (2023 - £59,700).

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 2-5 years 208,807 238,798
Bank loans more 5 yrs non-inst 134,312 144,273
343,119 383,071

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 134,312 144,273

Alexandra Property Group Ltd (Registered number: 11387592)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


8. Creditors: amounts falling due after more than one year - continued

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £343,119 (2023 - £383,071)..

Creditors include bank loans repayable by instalments of £134,312 (2023 - £144,273) due after more than five years.

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
42 Ordinary £1 42 42
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
44 44