Alterna Market Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15600165

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		500		1,000
Tangible Assets	5		5,664		7,551

			6,164		8,551
CURRENT ASSETS
Stocks	6	1,600		800
Debtors	7	5,002		4,847
Cash at bank and in hand		422		1,694

		7,024		7,341
Creditors: Amounts Falling Due Within One Year	8	(47,605 )		(37,924 )

NET CURRENT ASSETS (LIABILITIES)			(40,581 )		(30,583 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(34,417 )		(22,032 )

NET LIABILITIES			(34,417 )		(22,032 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(34,418 )		(22,033 )

SHAREHOLDERS' FUNDS			(34,417)		(22,032)

Page 1

Page 2

Alterna Market Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Ariana Chavez

Director

28/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Alterna Market Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15600165 . The registered office is 6 Ansty Court, 25 Caroline Street, Birmingham, B3 1UE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are legal fees relating to the negotiation and setup of the shop lease. These have been capitalised. These costs are being depreciated on a straight-line basis over the term of the lease, reflecting the period over which the benefit is expected to be derived.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% straight line
Fixtures & Fittings	20% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 1)

Page 3

Page 4

Alterna Market Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2025	1,500

As at 31 March 2026	1,500

Amortisation
As at 1 April 2025	500
Provided during the period	500

As at 31 March 2026	1,000

Net Book Value
As at 31 March 2026	500

As at 1 April 2025	1,000

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2025	3,348	6,091	9,439

As at 31 March 2026	3,348	6,091	9,439

Depreciation
As at 1 April 2025	670	1,218	1,888
Provided during the period	669	1,218	1,887

As at 31 March 2026	1,339	2,436	3,775

Net Book Value
As at 31 March 2026	2,009	3,655	5,664

As at 1 April 2025	2,678	4,873	7,551

6. Stocks

	2026	2025
	£	£
Stock	1,600	800

Page 4

Page 5

Alterna Market Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	802	647
Due after more than one year
Other debtors	4,200	4,200

	5,002	4,847

Other debtors include a lease security deposit of £4,200. This amount is due for repayment at the end of the lease term and is classified as a non-current asset, as it is not expected to be received within 12 months of the balance sheet date.

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	43,841	37,507
Taxation and social security	3,764	417

	47,605	37,924

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

Page 5