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REGISTERED NUMBER: 11716523 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST DECEMBER 2024

FOR

ALIBULK SYSTEMS LIMITED
ALIBULK SYSTEMS LIMITED (REGISTERED NUMBER: 11716523)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


ALIBULK SYSTEMS LIMITED (REGISTERED NUMBER: 11716523)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 240,000 300,000
Tangible assets 5 60,026 10,047
300,026 310,047

CURRENT ASSETS
Stocks 182,787 181,243
Debtors 6 190,922 335,999
Cash at bank and in hand 1,176,133 974,763
1,549,842 1,492,005
CREDITORS
Amounts falling due within one year 7 189,416 276,463
NET CURRENT ASSETS 1,360,426 1,215,542
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,660,452
1,525,589

PROVISIONS FOR LIABILITIES 11,405 1,909
NET ASSETS 1,649,047 1,523,680

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,648,947 1,523,580
1,649,047 1,523,680

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th September 2025 and were signed on its behalf by:




Mr C Broomfield - Director


The notes form part of these financial statements

Page 1
ALIBULK SYSTEMS LIMITED (REGISTERED NUMBER: 11716523)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

Alibulk Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11716523

Registered office: Alibulk Systems Ltd
Boleness Road
Wisbech
Cambridgeshire
PE13 2RB

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Computer equipment - 20% on cost

Stocks
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 items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 10 ) .

Page 2 continued...
ALIBULK SYSTEMS LIMITED (REGISTERED NUMBER: 11716523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2024
and 31st December 2024 600,000
AMORTISATION
At 1st January 2024 300,000
Amortisation for year 60,000
At 31st December 2024 360,000
NET BOOK VALUE
At 31st December 2024 240,000
At 31st December 2023 300,000

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st January 2024 34,526 2,405 36,931
Additions 97,949 - 97,949
Disposals (13,451 ) - (13,451 )
At 31st December 2024 119,024 2,405 121,429
DEPRECIATION
At 1st January 2024 25,403 1,481 26,884
Charge for year 44,297 481 44,778
Eliminated on disposal (10,259 ) - (10,259 )
At 31st December 2024 59,441 1,962 61,403
NET BOOK VALUE
At 31st December 2024 59,583 443 60,026
At 31st December 2023 9,123 924 10,047

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 179,494 304,447
Other debtors 11,428 31,552
190,922 335,999

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 49,930 89,103
Taxation and social security 125,792 177,887
Other creditors 13,694 9,473
189,416 276,463

Page 3