Alltimes Investments Limited - Accounts to registrar (filleted) - small 18.2

Alltimes Investments Limited - Accounts to registrar (filleted) - small 18.2

ALLTIMES INVESTMENTS LIMITED - Company Information

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REGISTERED NUMBER: 09507810 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Alltimes Investments Limited
Alltimes Investments Limited (Registered number: 09507810)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alltimes Investments Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: Mrs J S Alltimes
N R Alltimes





REGISTERED OFFICE: Suite 9 Corum Two
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ





REGISTERED NUMBER: 09507810 (England and Wales)





ACCOUNTANTS: Obsidian Accountancy Limited
Suite 9 Corum Two
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ
Page 1
Alltimes Investments Limited (Registered number: 09507810)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 326 407
Investment property 5 180,000 180,000
180,326 180,407

CURRENT ASSETS
Debtors 6 750 750
Cash at bank 3,788 3,476
4,538 4,226
CREDITORS
Amounts falling due within one year 7 26,042 25,844
NET CURRENT LIABILITIES (21,504 ) (21,618 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
158,822
158,789

PROVISIONS FOR LIABILITIES 16,648 16,648
NET ASSETS 142,174 142,141

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 78,936 78,936
Retained earnings 63,138 63,105
142,174 142,141

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 notes form part of these financial statements

Page 2 continued...
Alltimes Investments Limited (Registered number: 09507810)

Balance Sheet - continued
31 March 2022


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 23 August 2022 and were signed on its behalf by:





N R Alltimes - Director


The notes form part of these financial statements

Page 3
Alltimes Investments Limited (Registered number: 09507810)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Alltimes Investments 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

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.

Page 4 continued...
Alltimes Investments Limited (Registered number: 09507810)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021
and 31 March 2022 1,552
DEPRECIATION
At 1 April 2021 1,145
Charge for year 81
At 31 March 2022 1,226
NET BOOK VALUE
At 31 March 2022 326
At 31 March 2021 407

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2021
and 31 March 2022 180,000
NET BOOK VALUE
At 31 March 2022 180,000
At 31 March 2021 180,000

Fair value at 31 March 2022 is represented by:
£   
Valuation in 2016 9,132
Valuation in 2019 70,000
Valuation in 2021 15,000
Cost 85,868
180,000

Page 5 continued...
Alltimes Investments Limited (Registered number: 09507810)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

5. INVESTMENT PROPERTY - continued

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

31.3.22 31.3.21
£    £   
Cost 85,868 85,868
Aggregate depreciation (12,021 ) (10,304 )

The investment property was valued on an open market basis on 31 March 2022 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Amounts owed by group undertakings 750 750

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Amounts owed to associates 19,575 19,575
Taxation and social security 1,047 579
Other creditors 5,420 5,690
26,042 25,844

8. RESERVES
Fair
value
reserve
£   
At 1 April 2021
and 31 March 2022 78,936

9. RELATED PARTY DISCLOSURES

Included in creditors falling due within one year is an amount of £19,575 (2021 £19,575) owed to Alltimes Homes LImited, a company under common control.

Page 6