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Registration number: 15579739

Hey Alfie Group Limited

Unaudited Filleted Financial Statements

for the Period from 20 March 2024 to 31 March 2025

 

Hey Alfie Group Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Hey Alfie Group Limited

Company Information

Directors

Mr Robert Navid Meyer

Mr Nigel Phan

Registered office

6 Bishops Road
London
SW6 7AB

 

Hey Alfie Group Limited

(Registration number: 15579739)
Balance Sheet as at 31 March 2025

Note

2025
£

Fixed assets

 

Investments

4

1

Current assets

 

Debtors

5

334,259

Creditors: Amounts falling due within one year

6

(85,000)

Net current assets

 

249,259

Net assets

 

249,260

Capital and reserves

 

Called up share capital

8

63

Share premium reserve

249,997

Retained earnings

(800)

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:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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 Board on 30 July 2025 and signed on its behalf by:
 

.........................................
Mr Nigel Phan
Director

 

Hey Alfie Group Limited

Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
6 Bishops Road
London
SW6 7AB
United Kingdom

2

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

These financial statements have been prepared covering a period of more than twelve months, from the date of incorporation to 31 March 2025.

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.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 1.

4

Investments

2025
£

Investments in subsidiaries

1

Subsidiaries

£

Cost or valuation

Additions

1

Provision

Carrying amount

At 31 March 2025

1

 

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:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2025

Subsidiary undertakings

Hey Alfie UK Limited

6 Bishops Road
London
SW6 7AB

England

Ordinary shares

100%

Subsidiary undertakings

Hey Alfie UK Limited

The principal activity of Hey Alfie UK Limited is the development of an AI property management platform and online marketplace for property related goods and services.

5

Debtors

Current

Note

2025
£

Amounts owed by related parties

334,259

   

334,259

 

Hey Alfie Group Limited

Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

Due within one year

 

Loans and borrowings

7

85,000

7

Loans and borrowings

Current loans and borrowings

2025
£

Other borrowings

85,000

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.

8

Share capital

Allotted, called up and fully paid shares

 

2025

 

No.

£

Ordinary shares of £0.000001 each

63,000,000

63.00

     
 

9

Control

The controlling party is the director, Mr N Phan.