Company Registration No. 03312312 (England and Wales)
Alexol Limited
Unaudited accounts
for the year ended 31 March 2025
Alexol Limited
Unaudited accounts
Contents
Alexol Limited
Company Information
for the year ended 31 March 2025
Directors
A Naghshineh
S Naghshineh
Company Number
03312312 (England and Wales)
Registered Office
Riverside House
11-12 Riverside Road
Norwich
Norfolk
NR1 1SQ
Alexol Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
25,862
28,353
Creditors: amounts falling due within one year
(12,885)
(15,046)
Net current assets
549,208
549,538
Net assets
549,208
549,538
Called up share capital
100
100
Profit and loss account
549,108
549,438
Shareholders' funds
549,208
549,538
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2025 and were signed on its behalf by
A Naghshineh
Director
Company Registration No. 03312312
Alexol Limited
Notes to the Accounts
for the year ended 31 March 2025
Alexol Limited is a private company, limited by shares, registered in England and Wales, registration number 03312312. The registered office is Riverside House, 11-12 Riverside Road, Norwich, Norfolk, NR1 1SQ.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with the Companies Act 2006 and with Section 1A of FRS 102. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention unless otherwise specified within these accounting policies.
The financial statements have been prepared on a going concern basis. However attention is drawn to the following:
At the end of the year the company owed a total of £12,020 (2024: £14,181) in bounce bank loans.
Additionally, the company was owed a total of £536,231 (2024: £536,231 ) from connected parties.
Based on the above the directors have determined that the company has the resources available for the foreseeable future and, in particular, has resources available for the period of 12 months from the date of approval of these financial statements.
The accounts are presented in £ sterling.
The company had no regognised turnover in the year.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts.
Deferred tax liabilities arising from gains on the revaluation of investment property are recognised in full.
Deferred tax assets arising from unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against future profits or the future reversal of deferred tax liabilities.
FRS102 required the individual components of tax expense or tax benefit to be allocated to the profit and loss, where appropriate these are disclosed in the notes to the accounts.
Deferred tax assets and liabilities are not discounted.
Alexol Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
536,231
536,231
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
12,020
14,181
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Transactions with related parties
Targetfollow Estates Limited , a company controlled by A Naghshineh, operates a loan account with the company. At the end of the year, Targetfollow Estates Limited owed a total of £350,179 (2024: £350,179) to the company.
Targetfollow Group Limited, a company controlled by A Naghshineh operates a loan account with the company. At the end of the year the company was owed a total of £73,500 (2024: £73,500) by Targetfollow Group Ltd.
Car Park Investments Ltd, a company controlled by A Naghshineh operates a loan account with the company. At the end of the year the company was owed a total of £19,876 (2024: £19,876) by Car Park Investments Ltd.
Kerdiston Investments Ltd, a company controlled by A Naghshineh operates a loan account with the company. At year end Kerdiston Investments Ltd owed a total of £8,005 (2024: £8,005) to the company.
Kontor Property Investments Ltd, a company controlled by A Naghshineh operates a loan account with the company. At the end of the year the company was owed a total of £44,949 (2024: £44,949) by Kontor Property Investments Ltd.
Malcor Estates Ltd, a company controlled by A Naghshineh operates a loan account with the company. At the end of the year the company was owed a total of £39,722 (2024: £39,722 ) by Malcor Estates Ltd.
The company is controlled by Alexol One Limited, the ultimate parent company. Alexol One Limited is ultimately controlled by A Naghshineh.
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Average number of employees
During the year the average number of employees was 0 (2024: 0).