ACCOUNTS - Final Accounts

Company registration number: 05110085

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	ALSPRO HOLDINGS LIMITED


ALSPRO HOLDINGS LIMITED

COMPANY INFORMATION

Directors	V Buttaci
	G Buttaci
	G J Buttaci


Registered number	05110085


Registered office	Burnt Barn
	Carthouse Lane
	Woking
	Surrey
	GU21 4XT


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


ALSPRO HOLDINGS LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


ALSPRO HOLDINGS LIMITED REGISTERED NUMBER:05110085

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Intangible assets	4		-		480,000
Investments			-		200
			-		480,200
Current assets
Debtors: amounts falling due within one year	6	986,600		163,356
Current asset investments	7	1,310,021		1,197,324
Cash at bank and in hand		4,721,503		4,224,310
		7,018,124		5,584,990
Creditors: amounts falling due within one year	8	(26,413)		(418,509)
Net current assets			6,991,711		5,166,481
Total assets less current liabilities			6,991,711		5,646,681

Net assets			6,991,711		5,646,681

Capital and reserves
Called up share capital	100	100
Profit and loss account	6,991,611	5,646,581
	6,991,711	5,646,681

Page 1


ALSPRO HOLDINGS LIMITED REGISTERED NUMBER:05110085

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

V Buttaci

Director

Date: 30 September 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


ALSPRO HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Alspro Holdings Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the revaluation model, intangible assets shall be carried at a revalued amount, being its fair value at the date of revaluation less any subsequent accumulated amortisation and subsequent impairment losses - provided that the fair value can be determined by reference to an active market.
Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting date.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3


ALSPRO HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

4.	Intangible assets

		Intellectual Property Rights
		£

	At 1 January 2024	480,000
	Disposals	(480,000)
	At 31 December 2024	-

	Net book value
	At 31 December 2024	-
	At 31 December 2023	480,000

Page 4


ALSPRO HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Fixed asset investments

		Investments in subsidiary companies
		£

	At 1 January 2024	200
	Disposals	(200)
	At 31 December 2024	-

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	-	160,319
Other debtors	986,600	3,037
	986,600	163,356

7.	Current asset investments
		2024	2023
		£	£

Listed investments	1,310,021	1,197,324
	1,310,021	1,197,324

Page 5


ALSPRO HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	4,075	8,974
Amounts owed to group undertakings	-	370,861
Corporation tax	5,518	28,419
Other taxation and social security	1,383	1,115
Other creditors	11,937	5,140
Accruals and deferred income	3,500	4,000
	26,413	418,509

At the year end an amount of £11,937 (2023 - £5,140) was due to a director. No interest has been applied to this balance.

Page 6