Alpha Garages (Cardiff) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01344566 (England and Wales)

ALPHA GARAGES (CARDIFF) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTOR:

J D Davies

SECRETARY:

Mrs. K E E Davies

REGISTERED OFFICE:

146 Fidlas Road

Cardiff

CF14 0YW

REGISTERED NUMBER:

01344566 (England and Wales)

ACCOUNTANTS:

Johns Jones & Lo Limited

Chartered Accountants & Registered Auditors

16 Lambourne Crescent

Cardiff Business Park

Llanishen

Cardiff

CF14 5GF

FIXED ASSETS

Tangible assets

4

1

Investments

5

2

3

CURRENT ASSETS

Debtors

6

8,118

CREDITORS

Amounts falling due within one year

7

3,922

NET CURRENT ASSETS

4,196

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,199

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

4,099

4,199

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

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 9th September 2025 and were signed by:

J D Davies - Director

1.	STATUTORY INFORMATION

Alpha Garages (Cardiff) 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.

The presentation currency of the financial statements is the pound sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Alpha Garages (Cardiff) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the statement of financial position date and the amounts reported for revenues and expenses during the period. However, the nature of estimation means that actual outcomes could differ from those estimates.

Recoverability of debtors

Estimation is involved in the assessment of the recoverability of debtors and the calculation of the associated bad debt provision. Factors such as the age of the debt, prior experience and recoverability statistics are included in management's assessment.

Useful economic lives of tangible fixed assets

Tangible fixed assets are depreciated over their useful economic lives taking into account residual values, where appropriate. Management regularly reviews the assets' useful economic lives. Changes in assets' useful economic lives can have a significant impact on depreciation for the period. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Provision for impairments

Tangible fixed assets are reviewed for signs of impairment each year and written down accordingly. All tangible fixed assets are reviewed by management in conjunction with market data and other relevant information. Changes in any of the factors considered for impairments can affect the value reported in the financial statements.

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

-

20% on cost

Investments in subsidiaries

Fixed asset investments are stated at cost less provision for diminution in value.

Going concern

These financial statements have been prepared on a going concern basis on the grounds that the Directors consider that the Company has sufficient cash resources to enable the Company to continue to meet its liabilities as they fall due.

Creditors

Creditors include certain short term financial instruments.

Debtors

Debtors include certain short term financial instruments.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

4,500

DEPRECIATION

At 1st January 2024

and 31st December 2024

4,499

NET BOOK VALUE

At 31st December 2024

1

At 31st December 2023

1

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2024

and 31st December 2024

2

NET BOOK VALUE

At 31st December 2024

2

At 31st December 2023

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Amounts owed by group undertakings

8,118

Included within debtors is £8,118 (2023: £8,118) owed from Yapps Garages Limited, a subsidiary of Alpha Garages (Cardiff) Limited.

No interest is being charged on this amount and is repayable in full upon demand.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Other creditors

3,922

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

2024

2023

£

J D Davies

Balance outstanding at start of year

(3,922

)

(3,922

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(3,922

)

(3,922

)

There is no interest being charged on the loan from the director and is fully repayable upon demand.

9.	RELATED PARTY DISCLOSURES

During the latter stages of this accounting year, 60% of shares were purchased by Alpha & Yapps EOT Limited, an employee ownership trust which then became a person of significant control.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Alpha & Yapps EOT Limited.