REGISTERED NUMBER: 05175410 (England and Wales)

Financial Statements

for the Year Ended 31 October 2025

for

Alphine Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Watts

S A Watts

SECRETARY:

S A Watts

REGISTERED OFFICE:

Manor Court, Manor Farm House

London Road

Shardlow

Derby

DE72 2GR

REGISTERED NUMBER:

05175410 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

12

16

Investment property

5

300,000

300,000

300,012

300,016

CURRENT ASSETS

Cash at bank

228

460

CREDITORS

Amounts falling due within one year

6

142,417

141,268

NET CURRENT LIABILITIES

(142,189

)

(140,808

)

TOTAL ASSETS LESS CURRENT LIABILITIES

157,823

159,208

PROVISIONS FOR LIABILITIES

26,100

26,100

NET ASSETS

131,723

133,108

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

116,558

116,558

Retained earnings

15,163

16,548

SHAREHOLDERS' FUNDS

131,723

133,108

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Board of Directors and authorised for issue on 18 June 2026 and were signed on its behalf by:

P J Watts - Director

1.	STATUTORY INFORMATION

Alphine Properties 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.

Turnover

Turnover represents net rents receivable. Turnover is accounted for in the period to which the rents relate.

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

Investment property

Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss and transferred to a fair value reserve.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 November 2024

and 31 October 2025

1,164

DEPRECIATION

At 1 November 2024

1,148

Charge for year

4

At 31 October 2025

1,152

NET BOOK VALUE

At 31 October 2025

12

At 31 October 2024

16

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

300,000

NET BOOK VALUE

At 31 October 2025

300,000

At 31 October 2024

300,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

300,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

163,606

163,606

Investment property was valued on a fair value basis on 31 October 2025 by the directors .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

12,847

12,818

Directors' current account

129,570

128,450

142,417

141,268