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REGISTERED NUMBER: 09012707 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

ALTERNATIVE COSTS LTD

| ALTERNATIVE COSTS LTD (REGISTERED NUMBER: 09012707) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| ALTERNATIVE COSTS LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JULY 2023

| DIRECTOR: | A M Thomas

| REGISTERED OFFICE: | Ludgate House

| Fleet Street

| London

| EC4A 2AB

| REGISTERED NUMBER: | 09012707 (England and Wales)

| ACCOUNTANTS: | Michael Donnan & Co Limited

| Oaktree Court Business Ctr

| Mill Lane

| Ness

| Cheshire

| CH64 8TP

| ALTERNATIVE COSTS LTD (REGISTERED NUMBER: 09012707) |

BALANCE SHEET

31 JULY 2023

| 31/7/23 |  | 31/7/22

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 138,734 |  | 93,508 |  |

Cash at bank | - |  | 26 |  |

138,734 |  | 93,534 |  |

CREDITORS

Amounts falling due within one year | 5 | 89,402 |  | 63,865 |  |

NET CURRENT ASSETS | 49,332 |  | 29,669 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 49,332 |  | 29,669 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 21,160 |  | 28,333 |  |

NET ASSETS | 28,172 |  | 1,336 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 1,000 |  | 1,000 |  |

Retained earnings | 8 | 27,172 |  | 336 |  |

SHAREHOLDERS' FUNDS | 28,172 |  | 1,336 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

| ALTERNATIVE COSTS LTD (REGISTERED NUMBER: 09012707) |

BALANCE SHEET - continued

31 JULY 2023

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 director and authorised for issue on 16 October 2025 and were signed by:

A M Thomas - Director

| ALTERNATIVE COSTS LTD (REGISTERED NUMBER: 09012707) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

1. | STATUTORY INFORMATION

| Alternative Costs Ltd 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 (£).

| Transactions are rounded to the nearest £.

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.

| Turnover

| Turnover represents the invoiced value of work done, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

| ALTERNATIVE COSTS LTD (REGISTERED NUMBER: 09012707) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2023

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2022 - NIL).

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/7/23 |  | 31/7/22

£ | £ |

| Amounts owed by group undertakings | 116,714 |  | 71,714 |  |

| Amounts owed by associates | 22,020 |  | 21,794 |  |

138,734 |  | 93,508 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/7/23 |  | 31/7/22

£ | £ |

| Bank loans and overdrafts | 34,281 |  | 32,872 |  |

| Trade creditors | - |  | 8,648 |  |

| Tax | 27,119 |  | 18,495 |  |

| Other creditors | 20,217 |  | - |  |

| Accrued expenses | 7,785 |  | 3,850 |  |

89,402 |  | 63,865 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31/7/23 |  | 31/7/22

£ | £ |

| Bank loans - 1-2 years | 10,000 |  | 10,000 |  |

| Bank loans - 2-5 years | 11,160 |  | 18,333 |  |

21,160 |  | 28,333 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31/7/23 |  | 31/7/22

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |

| ALTERNATIVE COSTS LTD (REGISTERED NUMBER: 09012707) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2023

8. | RESERVES

| Retained

| earnings

£ |

| At 1 August 2022 | 336 |  |

| Profit for the year | 26,836 |  |

| At 31 July 2023 | 27,172 |  |

9. | RELATED PARTY DISCLOSURES

| ANDREW M THOMAS CONSULTING LTD

| The parent undertaking of Alternative Costs Ltd.

| At 31 July 2022, Alternative Costs Ltd was owed £71,714 by its parent company, Andrew M Thomas Consulting Ltd. During the year ended 31 July 2023, further funds of £45,000 were advanced to the parent, which increased the debtor balance at 31 July 2023 to £116,714. The debtor balance is interest free, has no fixed repayment date and is unsecured.

10. | ULTIMATE CONTROLLING PARTY

| The parent undertaking of Alternative Costs Ltd is Andrew M Thomas Consulting Ltd which has registered office Ludgate House, Fleet Street, London, UK EC4A 2AB.