ACCOUNTS - Final Accounts preparation

Registered number: 11776215

ALTERNITY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025


ALTERNITY LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


ALTERNITY LIMITED REGISTERED NUMBER:11776215

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		2,357		2,474
Current assets
Debtors: amounts falling due within one year	5	59,640		16,316
Cash at bank and in hand		133,448		125,246
		193,088		141,562
Creditors: amounts falling due within one year	6	(39,645)		(24,449)
Net current assets			153,443		117,113

Net assets			155,800		119,587

Capital and reserves
Called up share capital	7	10	1
Profit and loss account		155,790	119,586
		155,800	119,587

Page 1


ALTERNITY LIMITED REGISTERED NUMBER:11776215

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

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 year 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 comprehensive income 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 by:

S Paul-Choudhury

Director

Date: 16 December 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


ALTERNITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Alternity Limited is a limited liability company registered in England and Wales. Its registered office address is at 2nd Floor Connaught House, 1-3 Mount Street, London, W1K 3NB.

The principal activity of the company is that of editorial consultancy.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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

Turnover

Turnover comprises revenue recognised by the company in respect of amounts invoiced during the year, exclusive of Value Added Tax and trade discounts.

2.3

Interest income

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

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Office equipment

25%

straight line

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

2.7

Creditors

Short term creditors are measured at the transaction price.

Page 3


ALTERNITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.8

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 reporting date in the countries where the Company operates and generates income.

2.9

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.

Employees

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

Page 4


ALTERNITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

		Office equipment
		£
	Cost
	At 1 April 2024	8,433
	Additions	1,555
	At 31 March 2025	9,988
	Depreciation
	At 1 April 2024	5,959
	Charge for the year on owned assets	1,672
	At 31 March 2025	7,631
	Net book value
	At 31 March 2025	2,357
	At 31 March 2024	2,474

Debtors

					2025	2024
					£	£


Trade debtors	25	-
Other debtors	59,319	796
Prepayments and accrued income	296	15,520
	59,640	16,316

Other debtors include a balance of £59,319 (2024 - Nil) owed by Scientification LLP, a limited liability partnership of which Alternity Limited is a corporate member.

Page 5


ALTERNITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

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

Taxation and social security	33,026	18,798
Other creditors	2,799	2,021
Accruals and deferred income	3,820	3,630
	39,645	24,449

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

95 (2024 - 5) Ordinary shares and 5 (2024 - 5) Ordinary A shares of £0.10 each	10	1

During the year the company issued 90 Ordinary shares of £0.10 each at par.

Page 6