REGISTERED NUMBER: 06332689 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ALAMEX LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

N J Stanley

SECRETARY:

D A Swift

REGISTERED OFFICE:

11 Laura Place

Bath

Somerset

BA2 4BL

REGISTERED NUMBER:

06332689 (England and Wales)

ACCOUNTANTS:

Richardson Swift

Chartered Accountants

11 Laura Place

Bath

BA2 4BL

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Alamex Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Alamex Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Alamex Limited and state those matters that we have agreed to state to the director of Alamex Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alamex Limited and its director for our work or for this report.

It is your duty to ensure that Alamex Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Alamex Limited. You consider that Alamex Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Alamex Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Richardson Swift

Chartered Accountants

11 Laura Place

Bath

BA2 4BL

11 December 2025

FIXED ASSETS

Tangible assets

4

11,477

41,912

Investments

5

416,766

436,376

428,243

478,288

CURRENT ASSETS

Stocks

11,382

9,441

Debtors

6

43,444

50,246

Cash at bank

285,585

289,769

340,411

349,456

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

90,695

95,017

NET CURRENT ASSETS

249,716

254,439

TOTAL ASSETS LESS CURRENT LIABILITIES

677,959

732,727

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

8

(14,954

)

(23,926

)

PROVISIONS FOR LIABILITIES

9

(43,480

)

(70,537

)

NET ASSETS

619,525

638,264

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

619,425

638,164

SHAREHOLDERS' FUNDS

619,525

638,264

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.

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 11 December 2025 and were signed by:

N J Stanley - Director

1.	STATUTORY INFORMATION

Alamex 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net sales of services, excluding value added tax and is recognised when services are rendered.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Office equipment

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies

Assets and liabilities in foreign currencies and Bitcoin are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies and Bitcoin are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fixed asset investments

Fixed asset investments are recorded at cost and reviewed for impairment in the period. Where market values are readily available the investments are revalued at the Balance Sheet date.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Office

Computer

property

equipment

equipment

Totals

£

£

£

£

COST

At 1 April 2024

6,508

157,685

15,000

179,193

Additions

-

6,038

-

6,038

Disposals

-

(126,570

)

-

(126,570

)

At 31 March 2025

6,508

37,153

15,000

58,661

DEPRECIATION

At 1 April 2024

4,555

117,726

15,000

137,281

Charge for year

651

4,325

-

4,976

Eliminated on disposal

-

(95,073

)

-

(95,073

)

At 31 March 2025

5,206

26,978

15,000

47,184

NET BOOK VALUE

At 31 March 2025

1,302

10,175

-

11,477

At 31 March 2024

1,953

39,959

-

41,912

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

436,376

Additions

13,550

Disposals

(10,658

)

Revaluations

(22,502

)

At 31 March 2025

416,766

NET BOOK VALUE

At 31 March 2025

416,766

At 31 March 2024

436,376

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,008

25,110

Other debtors

32,436

25,136

43,444

50,246

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,987

8,262

Trade creditors

906

30

Taxation and social security

17,355

42,783

Other creditors

63,447

43,942

90,695

95,017

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

14,954

23,926

The bank loan relates to a government supported bounce back loan.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

43,480

70,537

Deferred

tax

£

Balance at 1 April 2024

70,537

Accelerated capital allowances

(7,131

)

Investments

(19,926

)

Balance at 31 March 2025

43,480

The deferred tax balance relates to:

Accelerated capital allowances £1,933

Unrealised gains on investments £41,547

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

No significant judgements or key assumptions have had to be made by the directors in preparing these financial statements.