REGISTERED NUMBER: 10214879 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ALTERNATIVE TECHNOLOGY SOLUTIONS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr I Stephenson

REGISTERED OFFICE:

Stop 7 Eagle Labs

Bransty Row

Whitehaven

Cumbria

CA28 7XE

REGISTERED NUMBER:

10214879 (England and Wales)

BANKERS:

Virgin Money

30 St Vincent Place

Glasgow

G1 2HL

FIXED ASSETS

Intangible assets

4

32,000

36,000

CURRENT ASSETS

Debtors

43,590

21,035

Cash at bank

4,894

23,896

48,484

44,931

CREDITORS

Amounts falling due within one year

36,603

8,206

NET CURRENT ASSETS

11,881

36,725

TOTAL ASSETS LESS CURRENT LIABILITIES

43,881

72,725

CREDITORS

Amounts falling due after more than one year

-

120,000

NET ASSETS/(LIABILITIES)

43,881

(47,275

)

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Other reserves

120,000

-

Retained earnings

(77,119

)

(48,275

)

SHAREHOLDERS' FUNDS

43,881

(47,275

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2025 and were signed by:

Mr I Stephenson - Director

1.	STATUTORY INFORMATION

Alternative Technology Solutions 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.

The financial statements have been prepared on the going concern basis.

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.

Development costs are being amortised evenly over their estimated useful life of ten years.

Government grants

Grants received are credited to profit and loss account in the financial period in which they relate.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

40,000

AMORTISATION

At 1 April 2024

4,000

Amortisation for year

4,000

At 31 March 2025

8,000

NET BOOK VALUE

At 31 March 2025

32,000

At 31 March 2024

36,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

The company has previously been paid the amount of £120,000 in return for an option to purchase 34 Ordinary £1 shares at an exercise price of £1.00, subject to being adjusted to 3% of the fully diluted share capital in the event of a reorganisation of the company's share capital, this option in accordance with the conditions of its granting may be valid until at the latest 10th February 2033.

6.	RELATED PARTY DISCLOSURES

TCL Cumbria:

During the year, TCL Cumbria invoiced the company £7,211 (exclusive of VAT) (2024: £3,605) in respect of various costs paid by TCL Cumbria during the year subsequently recharged. These costs are recognised in the statement of profit & loss for the year.

Mr I Stephenson:

During the year, the managing director, Mr Ian Stephenson, had on an interest-free basis advanced £33,654 (2024: £53) to the company. This amount is unsecured and repayable on demand.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr I Stephenson.