Registered number
11709929
Alate Business Growth Ltd
Unaudited Filleted Accounts
31 December 2024

Alate Business Growth Ltd
Registered number: | 11709929
Balance Sheet
as at 31 December 2024
Notes |  |  | 2024 |  |  | 2023
£ | £
Fixed assets
Tangible assets | 3 |  |  | 3,345 |  |  | 2,665
Current assets
Debtors | 4 |  | 73,588 |  |  | 59,879
Cash at bank and in hand |  |  | 101,636 |  |  | 107,626
|  |  | 175,224 |  |  | 167,505
Creditors: amounts falling due within one year | 5 |  | (29,946) |  |  | (31,743)
Net current assets |  |  |  | 145,278 |  |  | 135,762
Total assets less current liabilities |  |  |  | 148,623 |  |  | 138,427
Creditors: amounts falling due after more than one year | 6 |  |  | (3,514) |  |  | (5,903)
Net assets |  |  |  | 145,109 |  |  | 132,524
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | 145,009 |  |  | 132,424
Shareholder's funds |  |  |  | 145,109 |  |  | 132,524
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A H Britnor Guest
Director
Approved by the board on 16 September 2025

Alate Business Growth Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | 25% reducing balance
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 | Employees | 2024 |  | 2023
Number | Number
| Average number of persons employed by the company | 2 |  | 2
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Plant and machinery etc
£
| Cost
| At 1 January 2024 | 6,674
| Additions | 1,609
| At 31 December 2024 | 8,283
| Depreciation
| At 1 January 2024 | 4,009
| Charge for the year | 929
| At 31 December 2024 | 4,938
| Net book value
| At 31 December 2024 | 3,345
| At 31 December 2023 | 2,665
4 | Debtors | 2024 |  | 2023
£ | £
| Trade debtors | 73,588 |  | 59,879
5 | Creditors: amounts falling due within one year | 2024 |  | 2023
£ | £
| Trade creditors | 1,655 |  | 173
| Taxation and social security costs | 26,555 |  | 29,760
| Other creditors | 1,736 |  | 1,810
|  |  |  |  |  | 29,946 |  | 31,743
6 | Creditors: amounts falling due after one year | 2024 |  | 2023
£ | £
| Bank loans | 3,514 |  | 5,903
7 | Other information
| Alate Business Growth Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| 2 Hinksey Court
| Church Way
| Oxford
| Oxfordshire
| OX2 9SX

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