| ALEXIS HOMES LTD |
| Registered number: |
06655277 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
664,010 |
|
|
664,010 |
|
| Current assets |
| Debtors |
4 |
|
93 |
|
|
75 |
| Cash at bank and in hand |
|
|
3,519 |
|
|
2,100 |
|
|
|
3,612 |
|
|
2,175 |
|
| Creditors: amounts falling due within one year |
5 |
|
(155,278) |
|
|
(153,161) |
|
| Net current liabilities |
|
|
|
(151,666) |
|
|
(150,986) |
|
| Total assets less current liabilities |
|
|
|
512,344 |
|
|
513,024 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(152,432) |
|
|
(161,720) |
|
| Provisions for liabilities |
|
|
|
(72,642) |
|
|
(72,642) |
|
|
| Net assets |
|
|
|
287,270 |
|
|
278,662 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
287,170 |
|
|
278,562 |
|
| Shareholders' funds |
|
|
|
287,270 |
|
|
278,662 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. |
|
|
|
|
| D A Karapiperis |
| Director |
| Approved by the board on 31 October 2025 |
|
| ALEXIS HOMES LTD |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Rents receivable represents the total amount receivable by the Company for rents, services provided and sundry associated income. |
|
|
Tangible fixed assets |
|
The only tangible assets owned by the Company are freehold land and buildings. |
|
|
Freehold land & buildings |
Not depreciated |
|
|
Investments |
|
Unlisted investments (including land & property) are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are in accordance with repayment schedules provided by the lenders. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost & Revaluation |
|
At 31 March 2025 |
664,010 |
|
- |
|
- |
|
664,010 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2025 |
- |
|
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
664,010 |
|
- |
|
- |
|
664,010 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
373,443 |
|
373,443 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
373,443 |
|
373,443 |
|
Land & property used for the generation of Rental Income has been revalued as at 31st March 2024 at Fair Market Value by the Director using readily available valuation data. The Director is of the opinion that no revaluation is required this year. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
93 |
|
75 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
9,845 |
|
9,058 |
|
Taxes and social security costs |
2,019 |
|
1,472 |
|
Other creditors |
143,414 |
|
142,631 |
|
|
|
|
|
|
155,278 |
|
153,161 |
|
|
|
|
|
|
|
|
|
|
|
Other creditors includes an amount of £137,595 (2024 £138,382) owing to D A Karapiperis (the sole Director) in respect of monies he has loaned to the Company. There is no interest payable by the Company on this loan and there is no formal repayment schedule. The loan will be repaid as and when the Company has sufficient funds. |
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
152,432 |
|
161,720 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
Instalments falling due for payment after more than five years |
109,686 |
|
121,284 |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
162,277 |
|
170,778 |
|
|
|
|
|
|
|
|
|
|
Bank Loans are secured on the freehold land and property owned by the Company. |
|
|
| 8 |
Distributable Profits |
2025 |
|
2024 |
| £ |
£ |
|
|
Distributable Profits in P & L Reserve |
|
69,244 |
|
60,636 |
|
Un-distributable Revaluation Profits in P & L Reserve |
|
217,926 |
|
217,926 |
|
|
|
|
|
|
|
287,170 |
|
278,562 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
ALEXIS HOMES LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
Station House |
|
Station Road |
|
Betchworth |
|
Surrey |
|
RH3 7BZ |