| ALVES LIMITED |
| Registered number: |
06517699 |
| Balance Sheet |
| as at 28 February 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
10,746 |
|
|
12,655 |
|
| Current assets |
| Stocks |
|
|
3,450 |
|
|
3,350 |
| Debtors |
4 |
|
14,732 |
|
|
19,807 |
| Cash at bank and in hand |
|
|
72,160 |
|
|
82,117 |
|
|
|
90,342 |
|
|
105,274 |
|
| Creditors: amounts falling due within one year |
5 |
|
(42,321) |
|
|
(53,718) |
|
| Net current assets |
|
|
|
48,021 |
|
|
51,556 |
|
| Total assets less current liabilities |
|
|
|
58,767 |
|
|
64,211 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(1) |
|
|
(7,092) |
|
|
|
| Net assets |
|
|
|
58,766 |
|
|
57,119 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
58,764 |
|
|
57,117 |
|
| Shareholder's funds |
|
|
|
58,766 |
|
|
57,119 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Ricardo Lopes Alves |
| Director |
| Approved by the board on 1 July 2026 |
|
| ALVES LIMITED |
| Notes to the Accounts |
| for the year ended 28 February 2026 |
|
| 1 |
Accounting policies |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixed Assets Deprecitation |
20% |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 March 2025 |
14,193 |
|
24,887 |
|
39,080 |
|
Additions |
777 |
|
- |
|
777 |
|
At 28 February 2026 |
14,970 |
|
24,887 |
|
39,857 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2025 |
11,734 |
|
14,691 |
|
26,425 |
|
Charge for the year |
647 |
|
2,039 |
|
2,686 |
|
At 28 February 2026 |
12,381 |
|
16,730 |
|
29,111 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2026 |
2,589 |
|
8,157 |
|
10,746 |
|
At 28 February 2025 |
2,459 |
|
10,196 |
|
12,655 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
9,273 |
|
8,961 |
|
BBL Interest |
|
|
|
|
- |
|
668 |
|
CIS & Other Taxation |
|
|
|
|
896 |
|
896 |
|
Other debtors |
4,563 |
|
9,282 |
|
|
|
|
|
|
14,732 |
|
19,807 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans and overdrafts |
- |
|
6,270 |
|
Director's account |
13,884 |
|
4,563 |
|
Accruals |
3,108 |
|
5,264 |
|
Obligations under finance lease and hire purchase contracts |
4,958 |
|
4,958 |
|
Trade creditors |
1,906 |
|
667 |
|
Corporation Tax |
6,065 |
|
25,069 |
|
Other taxes and social secruity costs |
12,399 |
|
6,927 |
|
Other creditors |
1 |
|
- |
|
|
|
|
|
|
42,321 |
|
53,718 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans |
- |
|
2,133 |
|
Obligations under finance lease and hire purchase contracts |
1 |
|
4,959 |
|
|
|
|
|
|
1 |
|
7,092 |
|
|
|
|
|
|
|
|
|
| 7 |
Contingent liabilities |
|
|
The director has confirmed that there were no contingent liabilities during the year, which should be disclosed at 28 February 2026. |
|
| 8 |
Related party transactions & Ultimate Controlling party |
|
|
The company paid £3,500 (2025; £1,850) to the director for the use of home. The director owns all the issued share capital and therefore controls the company. Directors current account balance at the year end was £13,884 Cr (2025 £4,563 Cr) |
|
|
| 9 |
Going concern |
|
|
The director has reviewed a period of 12 months from approval of these financial statements and concluded the company is able to meet all its liabilites as they fall due. As a result it is appropriate it is appropriate to prepare the accounts on a going concern basis. |
|
|
| 10 |
Other information |
|
|
ALVES LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
10 Lower Road |
|
Kenley |
|
CR8 5NB |