Company registration number 12360149 (England and Wales)
ALNE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
ALNE LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
ALNE LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
28 FEBRUARY 2025
28 February 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,134,264
1,542,252
Current assets
Stocks
47,163
47,915
Debtors
51,610
63,795
Cash at bank and in hand
115,479
86,779
214,252
198,489
Creditors: amounts falling due within one year
(4,613,810)
(3,283,692)
Net current liabilities
(4,399,558)
(3,085,203)
Net liabilities
(3,265,294)
(1,542,951)
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
(3,265,394)
(1,543,051)
Total equity
(3,265,294)
(1,542,951)
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 29 July 2025 and are signed on its behalf by:
P Hoban
Director
Company registration number 12360149 (England and Wales)
ALNE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 2 -
1
Accounting policies
Company information
Alne Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 4 Woodside Court, Clayton Wood Rise, Leeds, West Yorkshire, LS16 6RF.
1.1
Basis of preparation
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:
Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;
Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;
Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;
Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.
The financial statements of the company are consolidated in the financial statements of Depho Estates Limited. These consolidated financial statements are available from its registered office, Unit 4 Woodside Court, Clayton Wood Rise, Leeds, West Yorkshire, LS16 6RF.
1.2
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources, including support from group companies, to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Turnover
Turnover is recognised at the fair value of the consideration receivable for goods and services provided in the normal course of business, and is shown net of VAT.
1.4
Intangible fixed assets - goodwill
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill has been fully amortised.
ALNE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
25% Reducing Balance
Fixtures and fittings
20% Straight Line
Computers
20% Straight Line
Motor vehicles
25% Reducing Balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.6
Stocks
Stocks is valued at the lower of cost and net realisable value.
1.7
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.8
Leases
As lessee
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
79
85
ALNE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 4 -
3
Intangible fixed assets
Goodwill
£
Cost
At 1 March 2024 and 28 February 2025
840,000
Amortisation and impairment
At 1 March 2024 and 28 February 2025
840,000
Carrying amount
At 28 February 2025
At 28 February 2024
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 March 2024
401,327
2,412,877
13,646
233,202
3,061,052
Additions
15,050
175,746
190,796
At 28 February 2025
416,377
2,588,623
13,646
233,202
3,251,848
Depreciation and impairment
At 1 March 2024
155,590
1,228,494
3,611
131,105
1,518,800
Depreciation charged in the year
64,278
506,253
2,729
25,524
598,784
At 28 February 2025
219,868
1,734,747
6,340
156,629
2,117,584
Carrying amount
At 28 February 2025
196,509
853,876
7,306
76,573
1,134,264
At 28 February 2024
245,737
1,184,383
10,035
102,097
1,542,252
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
6
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.
The auditor's report is unqualified and includes the following:
ALNE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
6
Audit report information
(Continued)
- 5 -
Opinion
In our opinion the financial statements:
give a true and fair view of the state of the company's affairs as at 28 February 2025 and of its loss for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Senior Statutory Auditor:
James Bell
Statutory Auditor:
Beldenn Ltd
Date of audit report:
29 July 2025
7
Related party transactions
In accordance with the exemptions available to subsidiaries whose parent company prepares consolidated accounts, transactions with group companies are not disclosed in these financial statements.
8
Parent company
The company's parent company is Depho Estates Limited, a company registered in England and Wales, whose registered office is situated at Unit 4 Woodside Court, Clayton Wood Rise, Leeds, LS16 6RF. Group accounts are available from Companies House, Crown Way, Maindy, CF14 3UZ.
9
Company information
Alne Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 4 Woodside Court, Clayton Wood Rise, Leeds, West Yorkshire, LS16 6RF.