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REGISTERED NUMBER: 04680175 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Anglolift Limited

Anglolift Limited (Registered number: 04680175)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Anglolift Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: D J Bull





REGISTERED OFFICE: Room 2
1st Floor, 7 Blights Walk
Sevenoaks
Kent
TN13 1DB





REGISTERED NUMBER: 04680175 (England and Wales)





ACCOUNTANTS: Amherst Accountancy
Room 2
1st Floor
7 Bligh's Walk
Sevenoaks
Kent
TN13 1DB

Anglolift Limited (Registered number: 04680175)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 106,009 48,158

CURRENT ASSETS
Debtors 5 77,891 344,292
Prepayments and accrued income 2,233 5,847
Cash at bank 294,546 75,256
374,670 425,395
CREDITORS
Amounts falling due within one year 6 257,641 140,943
NET CURRENT ASSETS 117,029 284,452
TOTAL ASSETS LESS CURRENT
LIABILITIES

223,038

332,610

CREDITORS
Amounts falling due after more than one
year

7

682,395

692,885
NET LIABILITIES (459,357 ) (360,275 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (460,357 ) (361,275 )
SHAREHOLDERS' FUNDS (459,357 ) (360,275 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Anglolift Limited (Registered number: 04680175)

Balance Sheet - continued
31 December 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 director and authorised for issue on 20 August 2025 and were signed by:





D J Bull - Director


Anglolift Limited (Registered number: 04680175)

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

1. STATUTORY INFORMATION

Anglolift 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.

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

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 - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

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.

Anglolift Limited (Registered number: 04680175)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 96,765
Additions 81,125
At 31 December 2024 177,890
DEPRECIATION
At 1 January 2024 48,607
Charge for year 23,274
At 31 December 2024 71,881
NET BOOK VALUE
At 31 December 2024 106,009
At 31 December 2023 48,158

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 77,358 93,674
Other debtors 533 250,618
77,891 344,292

Anglolift Limited (Registered number: 04680175)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 820 -
Trade creditors 209,852 109,491
Taxation and social security 29,686 14,663
Other creditors 17,283 16,789
257,641 140,943

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Other creditors 682,395 692,885

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed to Mr D Bull, the director, £682,002 (31 December 2023: £682,002). This loan was novated to Mr Bull from Michael Ilan Management and Investment Limited (IMS) since 10 October 2018.

Anglolift Limited

Report of the Accountants to the Director of
Anglolift Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Amherst Accountancy
Room 2
1st Floor
7 Bligh's Walk
Sevenoaks
Kent
TN13 1DB


Date: .............................................