ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 31 July 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 11426534

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JULY 2025

	ALPINESTARS UK LIMITED


ALPINESTARS UK LIMITED

COMPANY INFORMATION

Director	M Zanchetta


Registered number	11426534


Registered office	3000a
	Parkway Whiteley
	Fareham
	Hampshire
	PO15 7FX


Independent auditor	Menzies LLP
	Chartered Accountants & Statutory Auditor
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


ALPINESTARS UK LIMITED

CONTENTS

	Page
Statement of financial position	1
Notes to the financial statements	2 - 3


ALPINESTARS UK LIMITED REGISTERED NUMBER:11426534

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	305,483		209,152
Bank and cash balances		12,340		4,504
		317,823		213,656
Creditors: amounts falling due within one year	5	(138,791)		(82,225)
Net current assets			179,032		131,431
Total assets less current liabilities			179,032		131,431

Net assets			179,032		131,431

Capital and reserves
Allotted, called-up and fully-paid share capital	8,000	8,000
Profit and loss account	171,032	123,431
	179,032	131,431

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 by:

................................................

M Zanchetta

Director

Date: 21 April 2026

The notes on pages 2 to 3 form part of these financial statements.

Page 1


ALPINESTARS UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	General information

Alpinestars UK Limited is a private company limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office is disclosed on the Company Information page. The Company has no principal place of business.

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

Revenue

Revenue is charged based on the expenditure incurred, with a mark-up added. Revenue is measured at the fair value of the consideration received or receivable, excluding value added tax and other sales taxes, for services rendered.

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.4

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.

2.5

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.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Employees

The average monthly number of employees, including directors, during the year was 8 (2024 - 5).

Page 2


ALPINESTARS UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	301,932	196,952
Other debtors	3,551	1,396
Prepayments and accrued income	-	10,804
	305,483	209,152

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

Trade creditors	1,664	1,764
Corporation tax	19,850	11,223
Other creditors	21,669	12,199
Accruals and deferred income	95,608	57,039
	138,791	82,225

Not later than 1 year	21,399	-
Later than 1 year and not later than 5 years	34,512	-
	55,911	-

7.	Parent company

The parent of the smallest group for which consolidated financial statements are drawn up is Alpinestars S.p.A. The address of their registered office is: Viale Fermi 5, Asolo (TV) 310011, Italy.

8.	Auditor's information

The auditor's report on the financial statements for the year ended 31 July 2025 was unqualified.

The audit report was signed on 21 April 2026 by Miriam Hanley ACA (Senior statutory auditor) on behalf of Menzies LLP.

Page 3