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REGISTERED NUMBER: 00485958 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024

FOR

ALCHO ELECTRIC COMPANY LIMITED

ALCHO ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00485958)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALCHO ELECTRIC COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTORS: S J Hilton
Mrs M J Hilton
Mrs J A Kingston





SECRETARY: Mrs M J Hilton





REGISTERED OFFICE: Fircroft Way
Edenbridge
Kent
TN8 6EL





REGISTERED NUMBER: 00485958 (England and Wales)





ACCOUNTANTS: Currie Accountancy Limited
Chartered Accountants
First Floor
13a High Street
Edenbridge
Kent
TN8 5AB

ALCHO ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00485958)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,968 9,783
Investment property 5 800,000 800,000
806,968 809,783

CURRENT ASSETS
Debtors 6 36,050 15,797
Investments 7 13,364 13,364
Cash at bank 25,923 44,834
75,337 73,995
CREDITORS
Amounts falling due within one year 8 75,136 74,592
NET CURRENT ASSETS/(LIABILITIES) 201 (597 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

807,169

809,186

CREDITORS
Amounts falling due after more than one
year

9

(44,026

)

(56,365

)

PROVISIONS FOR LIABILITIES 11 (103,787 ) (103,787 )
NET ASSETS 659,356 649,034

CAPITAL AND RESERVES
Called up share capital 11,427 11,427
Capital redemption reserve 12 3,215 3,215
Retained earnings 12 644,714 634,392
SHAREHOLDERS' FUNDS 659,356 649,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

ALCHO ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00485958)

BALANCE SHEET - continued
30TH JUNE 2024


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 21st August 2025 and were signed on its behalf by:





S J Hilton - Director


ALCHO ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00485958)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024


1. STATUTORY INFORMATION

Alcho Electric Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The directors have confirmed that they will continue to support the company for the foreseeable future and that they are able to do so. As a result the accounts have been prepared on a going concern basis.

Turnover
Turnover represents rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

ALCHO ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00485958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2023
and 30th June 2024 37,150
DEPRECIATION
At 1st July 2023 27,367
Charge for year 2,815
At 30th June 2024 30,182
NET BOOK VALUE
At 30th June 2024 6,968
At 30th June 2023 9,783

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st July 2023
and 30th June 2024 800,000
NET BOOK VALUE
At 30th June 2024 800,000
At 30th June 2023 800,000

Fair value at 30th June 2024 is represented by:
£   
Valuation in 2010 32,393
Valuation in 2009 (29,201 )
Valuation in 2008 23,136
Valuation in 2001 78,359
Valuation in 2017 365,320
Cost 329,993
800,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,094 15,797
Other debtors 15,956 -
36,050 15,797

ALCHO ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00485958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 13,364 13,364

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 103
Trade creditors 4,330 2,220
Taxation and social security 60,996 60,579
Other creditors 9,810 11,690
75,136 74,592

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 44,026 56,365

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Connected company loan 40,311 49,916

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 103

The bank loan is secured by way of a mortgage over the company's property at Fircroft Way, Edenbridge, Kent. The hire purchase balance was secured on the related asset.

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
On property revaluation 103,787 103,787

ALCHO ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00485958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st July 2023 103,787
Balance at 30th June 2024 103,787

12. RESERVES

The revenue reserves include a non-distributable amount of £366,221 (2023 £366,221) arising from the revaluation of the investment property.

13. RELATED PARTY DISCLOSURES

C. P. A. Engineering Limited is a connected company as it is under common control and has the same directors as this company. This company charged C. P. A. Engineering Limited rent of £12,500 (2023 £15,116). It owed £20,094 (2023 £15,390) to this company at the balance sheet date. This balance is shown in debtors falling due within one year. At the balance sheet date this company owed C. P. A. Engineering Limited £40,311 (2023 £49,916). This balance is shown in creditors falling due in more than one year.