REGISTERED NUMBER: 03676134 (England and Wales)

Financial Statements for the Year Ended 30 November 2024

for

Alexandre Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

LV Houghton

REGISTERED OFFICE:

Second Floor

2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

REGISTERED NUMBER:

03676134 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Tangible assets

4

13,179

15,504

CURRENT ASSETS

Stocks

719,019

590,767

Debtors

5

8,771

8,771

Cash at bank

172,297

399,821

900,087

999,359

CREDITORS

Amounts falling due within one year

6

1,128,478

1,178,049

NET CURRENT LIABILITIES

(228,391

)

(178,690

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(215,212

)

(163,186

)

CREDITORS

Amounts falling due after more than one year

7

15,601

25,685

NET LIABILITIES

(230,813

)

(188,871

)

CAPITAL AND RESERVES

Called up share capital

8

50

50

Capital redemption reserve

9

50

50

Retained earnings

9

(230,913

)

(188,971

)

SHAREHOLDERS' FUNDS

(230,813

)

(188,871

)

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

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

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 29 August 2025 and were signed by:

LV Houghton - Director

1.	STATUTORY INFORMATION

Alexandre Developments 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 December 2023

and 30 November 2024

32,500

DEPRECIATION

At 1 December 2023

16,996

Charge for year

2,325

At 30 November 2024

19,321

NET BOOK VALUE

At 30 November 2024

13,179

At 30 November 2023

15,504

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade debtors

3,771

3,771

Other debtors

5,000

5,000

8,771

8,771

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade creditors

564,769

570,689

VAT

456

1,967

Directors' current accounts

561,753

603,893

Accrued expenses

1,500

1,500

1,128,478

1,178,049

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans - 1-2 years

15,601

25,685

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.24

30.11.23

value:

£

£

50

Ordinary

£1

50

50

9.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 December 2023

(188,971

)

50

(188,921

)

Deficit for the year

(41,942

)

(41,942

)

At 30 November 2024

(230,913

)

50

(230,863

)

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed Mr L Houghton £561,753, (last year £603,893).

11.	RELATED PARTY DISCLOSURES

The company director, Lloyd Houghton is also a director of Costdeal Limited, a building and development company. During the year Alexandre Developments Limited paid Costdeal Limited £128,252, (Last year £223,834) for building works carried out on the company's sites.

At the end of the year the company owed Costdeal Limited £555,965 (last year £570,513) by way of intercompany loan.

12.	ULTIMATE CONTROLLING PARTY

The company is under the control of Mr LV Houghton.

13.	COMPANY BALANCE SHEET

The company balance sheet is presently in deficit, the main creditors of the company are the director and the director's building company, neither require repayment until the company is in a position to do so.