ALPHA 1 TRADES LTD


Director	MORRISSEY, Craig Michael


Company Secretary	MURPHY, Christina


Registered Address	C/O Census Accountancy
	13 West Street
	Dunstable
	LU6 1SX


Registered Number	09910373 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		4,985		1,754
			4,985		1,754
Current assets
Debtors		12,173		9,949
Cash at bank and on hand		-		988
		12,173		10,937
Creditors amounts falling due within one year	4	(13,073)		(5,427)
Net current assets (liabilities)			(900)		5,510
Total assets less current liabilities			4,085		7,264
Creditors amounts falling due after one year	5		(3,531)		(4,236)
Provisions for liabilities	6		(525)		(525)
Net assets			29		2,503
Capital and reserves
Called up share capital			20		20
Profit and loss account			9		2,483
Shareholders' funds			29		2,503

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 1 October 2025, and are signed on its behalf by:

MORRISSEY, Craig Michael
Director
Registered Company No. 09910373

ALPHA 1 TRADES LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 24	8,874	-	94	8,968
Additions	-	4,090	-	4,090
At 31 December 24	8,874	4,090	94	13,058
Depreciation and impairment
At 01 January 24	7,202	-	12	7,214
Charge for year	422	414	23	859
At 31 December 24	7,624	414	35	8,073
Net book value
At 31 December 24	1,250	3,676	59	4,985
At 31 December 23	1,672	-	82	1,754

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Bank borrowings and overdrafts	1,529	-
Taxation and social security	2,088	4,286
Other creditors	7,296	2
Accrued liabilities and deferred income	2,160	1,139
Total	13,073	5,427

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	3,531	4,236
Total	3,531	4,236

6.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	525	525
Total	525	525

7.	Directors advances, credits and guarantees
	As at the year end 31.12.2024 the director owed to the company £3,040.55. This was repaid in full on 31.01.2025 within 9 months of the accounting year end. This loan was non interest bearing, had no fixed date for repayment and was repayable on demand.