Statutory Information
ALEKA LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 06145649, registered office 24 Pulleyn Drive, York, YO24 1DX.
The presentation currency is £ sterling.
| 1. |
Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).
ALEKA LIMITED
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who hasundertaken to provide such support for the foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Investment properties
Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
| 2. |
Tangible fixed assets
| Cost or Valuation |
|
Freehold property |
|
Plant and machinery |
|
Fixtures and fittings |
|
Computer equipment |
| |
|
£ |
|
£ |
|
£ |
|
£ |
| At 01 April 2024 |
|
300,084 |
|
670 |
|
300 |
|
1,199 |
| Additions |
|
- |
|
- |
|
- |
|
- |
| At 31 March 2025 |
|
300,084 |
|
670 |
|
300 |
|
1,199 |
| Depreciation |
| At 01 April 2024 |
|
- |
|
503 |
|
300 |
|
600 |
| Charge for year |
|
- |
|
167 |
|
- |
|
299 |
| At 31 March 2025 |
|
- |
|
670 |
|
300 |
|
899 |
| Net book values |
| Closing balance as at 31 March 2025 |
|
300,084 |
|
- |
|
- |
|
300 |
| Opening balance as at 01 April 2024 |
|
300,084 |
|
167 |
|
- |
|
599 |
| Cost or Valuation |
|
Other |
|
Total |
| |
|
£ |
|
£ |
| At 01 April 2024 |
|
2,148 |
|
304,401 |
| Additions |
|
- |
|
- |
| At 31 March 2025 |
|
2,148 |
|
304,401 |
| Depreciation |
| At 01 April 2024 |
|
537 |
|
1,940 |
| Charge for year |
|
537 |
|
1,003 |
| At 31 March 2025 |
|
1,074 |
|
2,943 |
| Net book values |
| Closing balance as at 31 March 2025 |
|
1,074 |
|
301,458 |
| Opening balance as at 01 April 2024 |
|
1,611 |
|
302,461 |
|
| 3. |
Financial assets
| Cost or Valuation |
|
Other investments not loans - unlisted |
|
Total |
| |
|
£ |
|
£ |
| At 01 April 2024 |
|
132,431 |
|
132,431 |
| Additions |
|
31 |
|
31 |
| Revaluations |
|
11,987 |
|
11,987 |
| At 31 March 2025 |
|
144,449 |
|
144,449 |
| Depreciation |
| At 01 April 2024 |
|
0 |
|
0 |
| At 31 March 2025 |
|
0 |
|
0 |
| Net book values |
| At 31 March 2025 |
|
144,449 |
|
144,449 |
| At 01 April 2024 |
|
132,431 |
|
132,431 |
|
| 4. |
Debtors: amounts falling due after one year
|
2025
£ |
|
2024
£ |
| Directors' loan account |
5,149 |
|
10,000 |
|
5,149 |
|
10,000 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Other creditors |
0 |
|
1,312 |
| Bank loans & overdrafts |
12,000 |
|
12,000 |
| Bank Account: American Express |
0 |
|
2,320 |
| Corporation tax |
4,602 |
|
21,286 |
| Social security & other tax |
0 |
|
50 |
| VAT |
0 |
|
6,188 |
|
16,602 |
|
43,156 |
|
| 6. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank loans & overdrafts |
167,952 |
|
172,007 |
|
167,952 |
|
172,007 |
| Amounts falling due in more than five years: |
|
|
|
Repayable by installments
|
|
|
|
| Bank loans & overdrafts |
167,952 |
|
172,007 |
|
167,952 |
|
172,007 |
|
| 7. |
Average number of employees
Average number of employees during the year was 1 (2024: 1).
|
| 8. |
Directors' Advances and Credits
At 31 March 2025 the director owed Aleka Ltd £5,149.26 (31 March 2024: £10,000)
|
2
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