Alpha Development Partnership Ltd 04712592 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is the provision of training and development services to international financial institutions Digita Accounts Production Advanced 6.30.9574.0 04712592 2024-01-01 2024-12-31 04712592 2024-12-31 04712592 bus:DeferredShareClass1 2024-12-31 04712592 bus:DeferredShareClass2 2024-12-31 04712592 bus:DeferredShareClass3 2024-12-31 04712592 bus:DeferredShareClass4 2024-12-31 04712592 bus:DeferredShareClass5 2024-12-31 04712592 bus:OrdinaryShareClass1 2024-12-31 04712592 bus:OrdinaryShareClass2 2024-12-31 04712592 bus:OrdinaryShareClass4 2024-12-31 04712592 bus:OrdinaryShareClass5 2024-12-31 04712592 bus:OtherShareClass1 2024-12-31 04712592 bus:PreferenceShareClass1 2024-12-31 04712592 bus:PreferenceShareClass2 2024-12-31 04712592 bus:PreferenceShareClass3 2024-12-31 04712592 bus:PreferenceShareClass4 2024-12-31 04712592 bus:PreferenceShareClass5 2024-12-31 04712592 core:ShareCapital 2024-12-31 04712592 core:CurrentFinancialInstruments 2024-12-31 04712592 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04712592 bus:SmallEntities 2024-01-01 2024-12-31 04712592 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04712592 bus:FilletedAccounts 2024-01-01 2024-12-31 04712592 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04712592 bus:RegisteredOffice 2024-01-01 2024-12-31 04712592 bus:Director5 2024-01-01 2024-12-31 04712592 bus:Director7 2024-01-01 2024-12-31 04712592 bus:Director8 2024-01-01 2024-12-31 04712592 bus:DeferredShareClass1 2024-01-01 2024-12-31 04712592 bus:DeferredShareClass2 2024-01-01 2024-12-31 04712592 bus:DeferredShareClass3 2024-01-01 2024-12-31 04712592 bus:DeferredShareClass4 2024-01-01 2024-12-31 04712592 bus:DeferredShareClass5 2024-01-01 2024-12-31 04712592 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 04712592 bus:OrdinaryShareClass2 2024-01-01 2024-12-31 04712592 bus:OrdinaryShareClass4 2024-01-01 2024-12-31 04712592 bus:OrdinaryShareClass5 2024-01-01 2024-12-31 04712592 bus:OtherShareClass1 2024-01-01 2024-12-31 04712592 bus:PreferenceShareClass1 2024-01-01 2024-12-31 04712592 bus:PreferenceShareClass2 2024-01-01 2024-12-31 04712592 bus:PreferenceShareClass3 2024-01-01 2024-12-31 04712592 bus:PreferenceShareClass4 2024-01-01 2024-12-31 04712592 bus:PreferenceShareClass5 2024-01-01 2024-12-31 04712592 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04712592 bus:Agent1 2024-01-01 2024-12-31 04712592 countries:EnglandWales 2024-01-01 2024-12-31 04712592 2023-01-01 2023-12-31 04712592 2023-12-31 04712592 bus:DeferredShareClass1 2023-12-31 04712592 bus:DeferredShareClass2 2023-12-31 04712592 bus:DeferredShareClass3 2023-12-31 04712592 bus:DeferredShareClass4 2023-12-31 04712592 bus:DeferredShareClass5 2023-12-31 04712592 bus:OrdinaryShareClass1 2023-12-31 04712592 bus:OrdinaryShareClass2 2023-12-31 04712592 bus:OrdinaryShareClass4 2023-12-31 04712592 bus:OrdinaryShareClass5 2023-12-31 04712592 bus:OtherShareClass1 2023-12-31 04712592 bus:PreferenceShareClass1 2023-12-31 04712592 bus:PreferenceShareClass2 2023-12-31 04712592 bus:PreferenceShareClass3 2023-12-31 04712592 bus:PreferenceShareClass4 2023-12-31 04712592 bus:PreferenceShareClass5 2023-12-31 04712592 core:CurrentFinancialInstruments 2023-12-31 04712592 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04712592



Alpha Development Partnership Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Alpha Development Partnership Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Alpha Development Partnership Ltd

Company Information

Directors

P S Monk

H K Payne

P D Kelly

Registered office

Level 30
The Leadenhall Building
122 Leadenhall Street
London
EC3V 4AB

Bankers

HSBC Bank plc
109 Bath Road
Cheltenham
GL53 7RA

Accountants

Hazlewoods LLP
Staverton Court
Staverton
Cheltenham
GL51 0UX

 

Alpha Development Partnership Ltd

(Registration number: 04712592)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

-

1,207

Cash at bank and in hand

 

2,038

7,080

 

2,038

8,287

Creditors: Amounts falling due within one year

5

(2,038)

(8,287)

Net assets/(liabilities)

 

-

-

Capital and reserves

 

Called up share capital

6

1,687

1,687

Share premium reserve

385,306

385,306

Capital redemption reserve

73

73

Retained earnings

(387,066)

(387,066)

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 31 December 2024 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 year 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 27 August 2025 and signed on its behalf by:
 


P D Kelly
Director

   
     
 

Alpha Development Partnership Ltd

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

 

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:
Level 30
The Leadenhall Building
122 Leadenhall Street
London
EC3V 4AB

 

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 for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Judgements

No significant judgements have been made by management in preparing these financial statements.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers. Income and costs are recognised evenly over the length of individual training courses.

Tax

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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. All trade debtors are repayable within one year and hence are included at the undiscounted cost of cash expected to be received. 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 debtors.

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 date. 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 all are repayable within one year and hence are included at the undiscounted amount of cash expected to be paid.

 

Alpha Development Partnership Ltd

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

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments


Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

 Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

 Impairment
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss.

 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

4

Debtors

2024
£

2023
£

Other debtors

-

1,207

-

1,207

 

5

Creditors

2024
£

2023
£

Due within one year

Trade creditors

-

4,707

Amounts due to related parties

2,038

2,134

Taxation and social security

-

1,109

Other creditors

-

337

2,038

8,287

 

Alpha Development Partnership Ltd

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

 

6

Share capital and premium

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary A of £0.01 each

100,000

1,000.00

100,000

1,000.00

Ordinary D of £0.01 each

8,900

89.00

8,900

89.00

Ordinary E of £0.01 each

28,680

286.80

28,680

286.80

Ordinary F of £0.01 each

6,350

63.50

6,350

63.50

Ordinary G of £0.01 each

10,600

106.00

10,600

106.00

Ordinary H of £0.01 each

5,200

52.00

5,200

52.00

Ordinary I of £0.01 each

540

5.40

540

5.40

Ordinary J of £0.01 each

180

1.80

180

1.80

Ordinary K of £0.01 each

400

4.00

400

4.00

Ordinary L of £0.01 each

2,500

25.00

2,500

25.00

Ordinary M of £0.01 each

2,500

25.00

2,500

25.00

Ordinary N of £0.01 each

2,500

25.00

2,500

25.00

Ordinary P of £0.01 each

120

1.20

120

1.20

Ordinaty Q of £0.01 each

120

1.20

120

1.20

Ordinary R of £0.01 each

120

1.20

120

1.20

 

168,710

1,687

168,710

1,687

 

7

Related party transactions

Transactions with related parties

At the year end the company owed £2,038 (2023: £2,134) to fellow group companies.

The loans were unsecured, repayable on demand and no interest was charged in the year.