IRIS Accounts Production v25.3.0.601 13306731 Board of Directors 1.6.24 31.5.25 31.5.25 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13306731 2024-05-31 13306731 2025-05-31 13306731 2024-06-01 2025-05-31 13306731 2023-05-31 13306731 2023-06-01 2024-05-31 13306731 2024-05-31 13306731 ns15:EnglandWales 2024-06-01 2025-05-31 13306731 ns14:PoundSterling 2024-06-01 2025-05-31 13306731 ns10:Director1 2024-06-01 2025-05-31 13306731 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 13306731 ns10:SmallEntities 2024-06-01 2025-05-31 13306731 ns10:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 13306731 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 13306731 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 13306731 ns10:FullAccounts 2024-06-01 2025-05-31 13306731 ns10:OrdinaryShareClass1 2024-06-01 2025-05-31 13306731 ns10:Director2 2024-06-01 2025-05-31 13306731 ns10:RegisteredOffice 2024-06-01 2025-05-31 13306731 ns5:CurrentFinancialInstruments 2025-05-31 13306731 ns5:CurrentFinancialInstruments 2024-05-31 13306731 ns5:Non-currentFinancialInstruments 2025-05-31 13306731 ns5:Non-currentFinancialInstruments 2024-05-31 13306731 ns5:ShareCapital 2025-05-31 13306731 ns5:ShareCapital 2024-05-31 13306731 ns5:RevaluationReserve 2025-05-31 13306731 ns5:RevaluationReserve 2024-05-31 13306731 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 13306731 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 13306731 ns5:ComputerEquipment 2024-06-01 2025-05-31 13306731 ns5:ComputerEquipment 2024-05-31 13306731 ns5:ComputerEquipment 2025-05-31 13306731 ns5:ComputerEquipment 2024-05-31 13306731 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 13306731 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31 13306731 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-05-31 13306731 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-05-31 13306731 ns5:Secured 2025-05-31 13306731 ns5:Secured 2024-05-31 13306731 ns5:DeferredTaxation 2024-05-31 13306731 ns5:DeferredTaxation 2024-06-01 2025-05-31 13306731 ns5:DeferredTaxation 2025-05-31 13306731 ns10:OrdinaryShareClass1 2025-05-31 13306731 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 13306731 ns5:RevaluationReserve 2024-05-31 13306731 ns5:RetainedEarningsAccumulatedLosses 2024-06-01 2025-05-31 13306731 ns10:Director1 1 2024-05-31 13306731 ns10:Director1 1 2023-05-31 13306731 ns10:Director1 1 2024-06-01 2025-05-31 13306731 ns10:Director1 1 2023-06-01 2024-05-31 13306731 ns10:Director1 1 2025-05-31 13306731 ns10:Director1 1 2024-05-31 13306731 2 ns10:Director2 2024-05-31 13306731 2 ns10:Director2 2023-05-31 13306731 2 ns10:Director2 2024-06-01 2025-05-31 13306731 2 ns10:Director2 2023-06-01 2024-05-31 13306731 2 ns10:Director2 2025-05-31 13306731 2 ns10:Director2 2024-05-31

REGISTERED NUMBER: 13306731 (England and Wales)

ALPHA 1 HOMES LTD |

UNAUDITED FINANCIAL STATEMENTS |

FOR THE YEAR ENDED 31 MAY 2025 |

| ALPHA 1 HOMES LTD (REGISTERED NUMBER: 13306731) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 May 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| ALPHA 1 HOMES LTD |

COMPANY INFORMATION

for the year ended 31 May 2025

| DIRECTORS: | S Blunston

| Mrs L Blunston

| REGISTERED OFFICE: | 27 Old Gloucester Street

| London

| WC1N 3AX

| REGISTERED NUMBER: | 13306731 (England and Wales)

| ACCOUNTANTS: | Weatherer Bailey Bragg

| Chartered Accountants

| 100 Boldmere Road

| Sutton Coldfield

| West Midlands

| B73 5UB

| ALPHA 1 HOMES LTD (REGISTERED NUMBER: 13306731) |

BALANCE SHEET

31 May 2025

| 31/5/25 |  | 31/5/24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 254 |  | 507 |  |

Investment property | 5 | 1,395,000 |  | 937,707 |  |

1,395,254 |  | 938,214 |  |

CURRENT ASSETS

Debtors | 6 | 46,969 |  | 942 |  |

Cash at bank | 1,293 |  | 309 |  |

48,262 |  | 1,251 |  |

CREDITORS

Amounts falling due within one year | 7 | (6,286 | ) | (768,675 | ) |

NET CURRENT ASSETS/(LIABILITIES) | 41,976 |  | (767,424 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,437,230 |  | 170,790 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,009,578 | ) | (129,472 | ) |

PROVISIONS FOR LIABILITIES | 10 | (106,728 | ) | (8,647 | ) |

NET ASSETS | 320,924 |  | 32,671 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Revaluation reserve | 12 | 337,778 |  | 45,012 |  |

Retained earnings | 12 | (16,954 | ) | (12,441 | ) |

SHAREHOLDERS' FUNDS | 320,924 |  | 32,671 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| ALPHA 1 HOMES LTD (REGISTERED NUMBER: 13306731) |

BALANCE SHEET - continued

31 May 2025

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 Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

S Blunston - Director

| ALPHA 1 HOMES LTD (REGISTERED NUMBER: 13306731) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 May 2025

1. | STATUTORY INFORMATION

| Alpha 1 Homes Ltd 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 comprises rents receivable from investment properties.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Computer equipment | - | 33% on cost

| 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 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

| ALPHA 1 HOMES LTD (REGISTERED NUMBER: 13306731) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 May 2025

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 760 |  |

| DEPRECIATION

| At 1 June 2024 | 253 |  |

| Charge for year | 253 |  |

| At 31 May 2025 | 506 |  |

| NET BOOK VALUE

| At 31 May 2025 | 254 |  |

| At 31 May 2024 | 507 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2024 | 937,707 |  |

| Additions | 58,357 |  |

| Revaluations | 398,936 |  |

| At 31 May 2025 | 1,395,000 |  |

| NET BOOK VALUE

| At 31 May 2025 | 1,395,000 |  |

| At 31 May 2024 | 937,707 |  |

| Fair value at 31 May 2025 is represented by:

£ |

| Valuation in 2022 | 45,570 |  |

| Valuation in 2023 | 10,000 |  |

| Valuation in 2024 | (10,000 | ) |

| Valuation in 2025 | 398,936 |  |

| Cost | 950,494 |  |

1,395,000 |  |

| If the investment properties had not been revalued they would have been included at the following historical cost:

| 31/5/25 |  | 31/5/24

£ | £ |

| Cost | 950,494 |  | 892,137 |  |

| The investment properties were valued on an open market basis basis on 31 May 2025 by the directors .

| ALPHA 1 HOMES LTD (REGISTERED NUMBER: 13306731) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 May 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/5/25 |  | 31/5/24

£ | £ |

| Amounts owed by group undertakings | 44,194 |  | 942 |  |

| Other debtors | 2,775 |  | - |  |

46,969 |  | 942 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/5/25 |  | 31/5/24

£ | £ |

| Bank loans and overdrafts | - |  | 383,315 |  |

| Other loans | - |  | 270,000 |  |

| Trade creditors | - |  | 247 |  |

| Amounts owed to group undertakings | - |  | 9,052 |  |

| Other creditors | 212 |  | 329 |  |

| Directors' loan accounts | 4,966 |  | 104,647 |  |

| Accrued expenses | 1,108 |  | 1,085 |  |

6,286 |  | 768,675 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31/5/25 |  | 31/5/24

£ | £ |

| Bank loans more 5 yrs non-inst | 1,009,578 |  | 129,472 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 1,009,578 |  | 129,472 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31/5/25 |  | 31/5/24

£ | £ |

| Bank loans | 1,009,578 |  | 512,787 |  |

| The bank loans are secured by a fixed charge over the investment properties.

10. | PROVISIONS FOR LIABILITIES

| 31/5/25 |  | 31/5/24

£ | £ |

| Deferred taxation | 106,728 |  | 8,647 |  |

| ALPHA 1 HOMES LTD (REGISTERED NUMBER: 13306731) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 May 2025

10. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 June 2024 | 8,647 |  |

| Provided during year | 98,081 |  |

| Balance at 31 May 2025 | 106,728 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31/5/25 |  | 31/5/24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

12. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 June 2024 | (12,441 | ) | 45,012 |  | 32,571 |  |

| Deficit for the year | (12,602 | ) | (12,602 | ) |

| Transfers | 8,089 |  | (8,089 | ) | - |  |

| Revaluation | - |  | 398,936 |  | 398,936 |  |

| Taxation effect | - |  | (98,081 | ) | (98,081 | ) |

| At 31 May 2025 | (16,954 | ) | 337,778 |  | 320,824 |  |

13. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

| 31/5/25 |  | 31/5/24

£ | £ |

| S Blunston

| Balance outstanding at start of year | (52,324 | ) | (29,565 | ) |

| Amounts advanced | 220,101 |  | 31,341 |  |

| Amounts repaid | (170,260 | ) | (54,100 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (2,483 | ) | (52,324 | ) |

| Mrs L Blunston

| Balance outstanding at start of year | (52,324 | ) | (29,565 | ) |

| Amounts advanced | 220,101 |  | 31,341 |  |

| Amounts repaid | (170,260 | ) | (54,100 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (2,483 | ) | (52,324 | ) |

| ALPHA 1 HOMES LTD (REGISTERED NUMBER: 13306731) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 May 2025

14. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Blunston Group Ltd.