REGISTERED NUMBER: 03039997 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Alexville Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Parmar

REGISTERED OFFICE:

Parmars

Jay House

88-90 London Road

Leicester

Leicestershire

LE2 0RD

REGISTERED NUMBER:

03039997 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

4

21,576

28,768

Investment property

5

4,769,458

4,727,518

4,791,034

4,756,286

CURRENT ASSETS

Debtors

6

157,527

167,673

Cash at bank

20,511

4,607

178,038

172,280

CREDITORS

Amounts falling due within one year

7

(471,990

)

(442,146

)

NET CURRENT LIABILITIES

(293,952

)

(269,866

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,497,082

4,486,420

CREDITORS

Amounts falling due after more than one year

8

(1,672,401

)

(1,686,438

)

PROVISIONS FOR LIABILITIES

(368,760

)

(368,760

)

NET ASSETS

2,455,921

2,431,222

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

1,353,327

1,353,327

Retained earnings

1,102,494

1,077,795

SHAREHOLDERS' FUNDS

2,455,921

2,431,222

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

P Parmar - Director

1.	STATUTORY INFORMATION

Alexville 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.

Going concern

The financial statements have been prepared on the going concern basis which assumes the company will continue to trade. This depends on the ability of the director to maintain the necessary financial support.

Turnover

Rental income is recognised on a receivable basis during the year, exclusive of 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

16,149

33,360

49,509

DEPRECIATION

At 1 April 2024

15,876

4,865

20,741

Charge for year

68

7,124

7,192

At 31 March 2025

15,944

11,989

27,933

NET BOOK VALUE

At 31 March 2025

205

21,371

21,576

At 31 March 2024

273

28,495

28,768

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

4,727,518

Additions

41,940

At 31 March 2025

4,769,458

NET BOOK VALUE

At 31 March 2025

4,769,458

At 31 March 2024

4,727,518

Investment properties were valued by the directors on 31 March 2025 on an open market value basis.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2024

1,722,088

Cost

3,047,370

4,769,458

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by group undertakings

152,707

152,707

Other debtors

4,820

14,966

157,527

167,673

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

54,654

49,728

Hire purchase contracts

10,063

9,179

Taxation and social security

(22

)

1

Other creditors

407,295

383,238

471,990

442,146

Other creditors includes accruals and deferred income of £52,997 (2024: £51,790)

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,316,937

1,366,891

Hire purchase contracts

6,376

16,439

Amounts owed to group undertakings

349,088

303,108

1,672,401

1,686,438

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

1,050,772

1,119,051

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

1,371,591

1,416,619

Hire purchase

16,439

25,618

1,388,030

1,442,237

Bank loans are secured by way of a fixed charge over the investment properties of the company. Hire purchase creditors are secured against the assets being so acquired.