REGISTERED NUMBER: 05814457 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

ALTOFIX LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J M Cork

SECRETARY:

J B Smith

REGISTERED OFFICE:

Norfolk Barracks

Edmund Road

Sheffield

S2 4EE

REGISTERED NUMBER:

05814457 (England and Wales)

ACCOUNTANTS:

Jamie Sutton Accountancy Ltd

Broadfield House

18 Broadfield Road

Sheffield

S8 0XJ

FIXED ASSETS

Tangible assets

4

136,589

99,661

Investments

5

65,277

71,277

201,866

170,938

CURRENT ASSETS

Debtors

500,922

676,574

Cash at bank

1,799,587

1,584,233

2,300,509

2,260,807

CREDITORS

Amounts falling due within one year

599,360

634,495

NET CURRENT ASSETS

1,701,149

1,626,312

TOTAL ASSETS LESS CURRENT LIABILITIES

1,903,015

1,797,250

PROVISIONS FOR LIABILITIES

19,715

9,053

NET ASSETS

1,883,300

1,788,197

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,883,200

1,788,097

1,883,300

1,788,197

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th December 2025 and were signed by:

J M Cork - Director

1.	STATUTORY INFORMATION

Altofix 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2024

221,267

Additions

77,708

Disposals

(1,333

)

At 31st March 2025

297,642

DEPRECIATION

At 1st April 2024

121,606

Charge for year

40,780

Eliminated on disposal

(1,333

)

At 31st March 2025

161,053

NET BOOK VALUE

At 31st March 2025

136,589

At 31st March 2024

99,661

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1st April 2024

71,277

Disposals

(6,000

)

At 31st March 2025

65,277

NET BOOK VALUE

At 31st March 2025

65,277

At 31st March 2024

71,277