ACCOUNTS - Final Accounts

Registered number: 12544555

ALVIN GEE ENTERPRISE LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

ALVIN GEE ENTERPRISE LTD

REGISTERED NUMBER: 12544555

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investment property			7,516,711		7,516,711
Current assets
Cash at bank and in hand		166,161		143,826
Creditors: amounts falling due within one year	6	(1,033,213)		(1,183,406)
Net current liabilities			(867,052)		(1,039,580)

Net assets			6,649,659		6,477,131

Capital and reserves
Called up share capital	7	6,023,308	6,023,308
Profit and loss account		626,351	453,823
		6,649,659	6,477,131

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 December 2025.

Mr N S Dave

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

ALVIN GEE ENTERPRISE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

Alvin Gee Enterprise Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is 104-106 Whitechapel Road, London, E1 1JE.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rental income

Rental income from operating leases is recognisedon a straight line basis over the term of the lease.

2.3

Operating leases: the Company as lessee

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

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.6

Investment properties

Investment properties are carried at fair value determined annually by external valuers and the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.

Page 2

ALVIN GEE ENTERPRISE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The directors have used their judgment in determining fair value of investment property with their experience in current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. See note 5 for further information.

Employees

The average monthly number of employees, including directors, during the period was 1 (2024 - 1).

Page 3

ALVIN GEE ENTERPRISE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

5.	Investment property

					2025	2024
					£	£

Revaluation reserves
At 1 April 2024	7,516,711	7,516,711
At 31 March 2025	7,516,711	7,516,711

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	3,600
Corporation tax	57,310	52,888
Other creditors	971,987	1,126,918
Accruals and deferred income	3,916	-
	1,033,213	1,183,406

Page 4

ALVIN GEE ENTERPRISE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

6,023,308 (2024 - 6,023,308) Ordinary shares of £1.00 each	6,023,308	6,023,308

8.	Related party transactions
	At the year end the Company owed the director £971,820 (2024 - £1,126,918).

9.	Controlling party

The company regards its director as the contolling party.

Page 5