Altone Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04172508

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		11,913		9,526

			11,913		9,526
CURRENT ASSETS
Stocks	6	2,000		1,600
Debtors	7	25,589		24,489
Cash at bank and in hand		21,633		38,030

		49,222		64,119
Creditors: Amounts Falling Due Within One Year	8	(32,648 )		(42,667 )

NET CURRENT ASSETS (LIABILITIES)			16,574		21,452

TOTAL ASSETS LESS CURRENT LIABILITIES			28,487		30,978

Creditors: Amounts Falling Due After More Than One Year	9		(25,003 )		(30,561 )

NET ASSETS			3,484		417

CAPITAL AND RESERVES
Called up share capital	11		60		60
Profit and Loss Account			3,424		357

SHAREHOLDERS' FUNDS			3,484		417

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Altone Limited

Balance Sheet (continued)

As At 31 December 2024

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Neall Range

Director

10/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Altone Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04172508 . The registered office is 1 Pond Lane, Bentfield Road, Stansted, Essex, CM24 8JG.

The presentation currency of the financial statements is in Pound Sterling (£).

The ultimate controlling party is the director by virtue of his share holding.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. Itwas amortised to profit and loss account over its estimated economic life.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are software. It was amortised to profit and loss account over its estimated economic life of 3 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Fixtures & Fittings	20% on cost
Computer Equipment	33% on cost

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Altone Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 January 2024	40,000	6,000	46,000

As at 31 December 2024	40,000	6,000	46,000

Amortisation
As at 1 January 2024	40,000	6,000	46,000

As at 31 December 2024	40,000	6,000	46,000

Net Book Value
As at 31 December 2024	-	-	-

As at 1 January 2024	-	-	-

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	225,293	7,792	7,470	240,555
Additions	10,000	-	-	10,000

As at 31 December 2024	235,293	7,792	7,470	250,555

Depreciation
As at 1 January 2024	216,467	7,092	7,470	231,029
Provided during the period	6,913	700	-	7,613

As at 31 December 2024	223,380	7,792	7,470	238,642

Net Book Value
As at 31 December 2024	11,913	-	-	11,913

As at 1 January 2024	8,826	700	-	9,526

6. Stocks

	2024	2023
	£	£
Work in progress	2,000	1,600

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Altone Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	16,680	21,139
Prepayments and accrued income	419	285
Other debtors	5,899	743
VAT	2,591	2,322

	25,589	24,489

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	-	553
Trade creditors	15,764	13,228
Bank loans and overdrafts	5,556	5,556
Corporation tax	2,554	10,225
Other taxes and social security	901	3,620
Other creditors	48	-
Accruals and deferred income	2,303	2,426
Director's loan account	5,522	7,059

	32,648	42,667

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	25,003	30,561

10. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	553

11. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	60	60

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