Registration number:
Hey Alfie Group Limited
for the Period from 20 March 2024 to 31 March 2025
Hey Alfie Group Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Hey Alfie Group Limited
Company Information
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Directors |
Mr Robert Navid Meyer Mr Nigel Phan |
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Registered office |
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Hey Alfie Group Limited
(Registration number: 15579739)
Balance Sheet as at 31 March 2025
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Note |
2025 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
63 |
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Share premium reserve |
249,997 |
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Retained earnings |
(800) |
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Shareholders' funds |
249,260 |
For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Hey Alfie Group Limited
Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Disclosure of long or short period
Going concern
The financial statements have been prepared on a going concern basis. At 31 March 2025, the Company was loss making but had net assets. The directors have confirmed that in their opinion the Company will be able to meet its liabilities as they fall due for the foreseeable future (being a period not less than twelve months).
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Hey Alfie Group Limited
Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025
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.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the 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.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
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Investments |
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2025 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
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Cost or valuation |
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Additions |
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Provision |
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Carrying amount |
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At 31 March 2025 |
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Hey Alfie Group Limited
Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025
Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
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Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2025 |
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Subsidiary undertakings |
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6 Bishops Road
England |
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Subsidiary undertakings |
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Hey Alfie UK Limited The principal activity of Hey Alfie UK Limited is |
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Debtors |
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Current |
Note |
2025 |
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Amounts owed by related parties |
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Hey Alfie Group Limited
Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025
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Creditors |
Creditors: amounts falling due within one year
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Note |
2025 |
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Due within one year |
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Loans and borrowings |
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Loans and borrowings |
Current loans and borrowings
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2025 |
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Other borrowings |
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Other borrowings consists of a loan provided to the company by the director, Mr Nigel Phan. The loan is not accruing interest and is repayable on demand.
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Share capital |
Allotted, called up and fully paid shares
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2025 |
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No. |
£ |
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63.00 |
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Control |
The controlling party is the director, Mr N Phan.