Alpha Flooring (UK) Ltd - Accounts to registrar (filleted) - small 18.2

Alpha Flooring (UK) Ltd - Accounts to registrar (filleted) - small 18.2

ALPHA FLOORING (UK) LTD - Company Information

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REGISTERED NUMBER: 05396253 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

ALPHA FLOORING (UK) LTD
ALPHA FLOORING (UK) LTD (REGISTERED NUMBER: 05396253)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2022




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


ALPHA FLOORING (UK) LTD

COMPANY INFORMATION
for the Year Ended 31 March 2022







Director: M R Tavinor





Registered office: Unit C
Reform Road
Maidenhead
Berkshire
SL6 8BT





Registered number: 05396253 (England and Wales)





Accountants: Norwoods
Forest House Office
3 - 5 Horndean Road
Bracknell
Berkshire
RG12 0XQ
Page 1
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ALPHA FLOORING (UK) LTD (REGISTERED NUMBER: 05396253)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Alpha Flooring (UK) Ltd for the year ended 31 March 2022 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Alpha Flooring (UK) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Alpha Flooring (UK) Ltd and state those matters that we have agreed to state to the director of Alpha Flooring (UK) Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Alpha Flooring (UK) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Alpha Flooring (UK) Ltd. You consider that Alpha Flooring (UK) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Alpha Flooring (UK) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Norwoods
Forest House Office
3 - 5 Horndean Road
Bracknell
Berkshire
RG12 0XQ


20 December 2022

This page does not form part of the statutory financial statements

Page 2
ALPHA FLOORING (UK) LTD (REGISTERED NUMBER: 05396253)

BALANCE SHEET
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,160 71,865
Investments 5 1,000 1,000
78,160 72,865

CURRENT ASSETS
Stocks 6 8,724 13,698
Debtors 7 1,699,506 1,791,131
Cash at bank 818,122 826,443
2,526,352 2,631,272
CREDITORS
Amounts falling due within one year 8 126,407 260,874
NET CURRENT ASSETS 2,399,945 2,370,398
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,478,105
2,443,263

CREDITORS
Amounts falling due after more than one
year
9
51,448
58,862
NET ASSETS 2,426,657 2,384,401

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 2,406,657 2,364,401
SHAREHOLDERS' FUNDS 2,426,657 2,384,401

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 December 2022 and were signed by:




M R Tavinor - Director


The notes form part of these financial statements

Page 3
ALPHA FLOORING (UK) LTD (REGISTERED NUMBER: 05396253)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Alpha Flooring (UK) Ltd 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.

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 - 25% on cost
Motor vehicles - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Page 4 continued...
ALPHA FLOORING (UK) LTD (REGISTERED NUMBER: 05396253)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2022

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has financial assets and liabilities of a kind that qualify as basic financial instruments, which are initially recognised at transaction value and subsequently measures at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 April 2021 8,907 99,250 108,157
Additions 13,579 - 13,579
At 31 March 2022 22,486 99,250 121,736
Depreciation
At 1 April 2021 6,517 29,775 36,292
Charge for year 3,818 4,466 8,284
At 31 March 2022 10,335 34,241 44,576
Net book value
At 31 March 2022 12,151 65,009 77,160
At 31 March 2021 2,390 69,475 71,865

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 April 2021
and 31 March 2022 1,000
Net book value
At 31 March 2022 1,000
At 31 March 2021 1,000

6. STOCKS
2022 2021
£    £   
Stocks 5,948 6,492
Work-in-progress 2,776 7,206
8,724 13,698

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 426,570 545,195
Amounts owed by group undertakings 1,264,022 1,242,022
Other debtors 8,914 3,914
1,699,506 1,791,131

Page 5 continued...
ALPHA FLOORING (UK) LTD (REGISTERED NUMBER: 05396253)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 7,414 7,414
Trade creditors 58,094 69,949
Taxation and social security 58,769 131,674
Other creditors 2,130 51,837
126,407 260,874

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 51,448 58,862

10. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Hire purchase contracts 58,862 66,276

Hire purchase is secured over the asset to which it relates.

Page 6