REGISTERED NUMBER: 09838900 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ALPHACOAST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L Herbert

Mr M R Herbert

Mrs K J Price

Mr D C Price

REGISTERED OFFICE:

75 Waterside Road

Hamilton

Leicester

Leicestershire

LE5 1TL

REGISTERED NUMBER:

09838900 (England and Wales)

FIXED ASSETS

Investments

4

1

1

Investment property

5

780,000

638,700

780,001

638,701

CURRENT ASSETS

Debtors

6

75,612

55,612

Cash at bank and in hand

21,755

9,858

97,367

65,470

CREDITORS

Amounts falling due within one year

7

190,368

158,783

NET CURRENT LIABILITIES

(93,001

)

(93,313

)

TOTAL ASSETS LESS CURRENT LIABILITIES

687,000

545,388

CREDITORS

Amounts falling due after more than one year

8

(102,938

)

(112,279

)

PROVISIONS FOR LIABILITIES

10

(35,325

)

-

NET ASSETS

548,737

433,109

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

548,637

433,009

548,737

433,109

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Mr D C Price - Director

Mr M R Herbert - Director

1.	STATUTORY INFORMATION

Alphacoast 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 as modified by the revaluation of certain assets.

The company is the parent undertaking of a small group and as such is not required under the Companies Act 2006 to prepare group accounts.

Turnover

Turnover represents net invoiced rentals during the period. It is recognised in line with the period of the rental concerned.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Operating leases

Rental income from operating leases is credited to the income statement on a straight line basis over the lease term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

At 31 December 2023

1

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

638,700

Revaluations

141,300

At 31 December 2024

780,000

NET BOOK VALUE

At 31 December 2024

780,000

At 31 December 2023

638,700

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

780,000

If investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

638,700

638,700

Investment property was valued on an open market basis on 22 September 2025 by the directors of the company .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

75,312

55,312

VAT

300

300

75,612

55,612

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

15,846

15,846

Amounts owed to group undertakings

148,854

114,937

Taxation

2,270

4,832

Directors' current accounts

20,248

20,248

Accruals and deferred income

3,150

2,920

190,368

158,783

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

15,846

15,846

Bank loans - 2-5 years

47,538

47,538

Bank loans more than 5 years

by instalment

39,554

48,895

102,938

112,279

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

by instalment

39,554

48,895

39,554

48,895

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

86,701

93,029

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Taxation on revaluation

35,325

-

Deferred

tax

£

Charge to Income Statement during year

35,325

Balance at 31 December 2024

35,325

11.	RELATED PARTY DISCLOSURES

The company made rental charges during the year to Alpha Air Ventilation Services Limited amounting to £10,000 (2023 - £10,000). Mr D Price and Mrs K Price are both shareholders and directors of Alpha Air Ventilation Services Limited. At the end of the period there was an amount owed from Alpha Air Ventilation Services Limited of £61,839 (2023 - £51,839).

The company made rental charges during the year to Alpha Air Ventilation Supplies Limited amounting to £10,000 (2023 - £10,000). Mr M Herbert and Mrs L Herbert are both shareholders and directors of Alpha Air Ventilation Supplies Limited. At the end of the period there was an amount owed from Alpha Air Ventilation Supplies Limited of £13,473 (2023 - £3,473).

At the end of the period an amount of £20,248 (2023 - £20,248) was owed to the directors of the company.

No interest was charged on the above balances.