Alfred St Limited 30/11/2022 iXBRL

Alfred St Limited 30/11/2022 iXBRL

ALFRED ST LTD - Company Information

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0 30/11/2022 2022-11-30 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-04-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 11860813 2022-04-01 2022-11-30 11860813 2022-11-30 11860813 2022-03-31 11860813 bus:RegisteredOffice 2022-04-01 2022-11-30 11860813 bus:LeadAgentIfApplicable 2022-04-01 2022-11-30 11860813 bus:Director1 2022-04-01 2022-11-30 11860813 bus:Director2 2022-04-01 2022-11-30 11860813 core:WithinOneYear 2022-11-30 11860813 core:WithinOneYear 2022-03-31 11860813 core:ShareCapital 2022-11-30 11860813 core:ShareCapital 2022-03-31 11860813 core:RetainedEarningsAccumulatedLosses 2022-03-31 11860813 bus:SmallEntities 2022-04-01 2022-11-30 11860813 bus:AuditExemptWithAccountantsReport 2022-04-01 2022-11-30 11860813 bus:FullAccounts 2022-04-01 2022-11-30 11860813 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2022-11-30 11860813 bus:PrivateLimitedCompanyLtd 2022-04-01 2022-11-30
Company registration number: 11860813
Alfred St Limited
Unaudited filleted financial statements
30 November 2022
Alfred St Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Alfred St Limited
Directors and other information
Directors Mr Daniel Madge
Mr Sam Hawking
Company number 11860813
Registered office 65 Station Road
Port Talbot
SA13 1NW
Business address 65 Station Road
Port Talbot
SA13 1NW
Accountants Morgan Hemp
103 - 104 Walter Road
Swansea
SA1 5QF
Alfred St Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Alfred St Limited
Period ended 30 November 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Alfred St Limited for the period ended 30 November 2022 which comprise the statement of financial position and 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/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Alfred St Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Alfred St Limited and state those matters that we have agreed to state to the board of directors of Alfred St Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alfred St Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Alfred St Limited 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 loss of Alfred St Limited. You consider that Alfred St Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Alfred St Limited. 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.
Morgan Hemp
103 - 104 Walter Road
Swansea
SA1 5QF
14 March 2023
Alfred St Limited
Statement of financial position
30 November 2022
30/11/22
Note £ £ £ £
Current assets
Debtors 4 32,759 22,314
Cash at bank and in hand 47,466 64,032
_______ _______
80,225 86,346
Creditors: amounts falling due
within one year 5 ( 80,223) ( 85,526)
_______ _______
Net current assets 2 820
_______ _______
Total assets less current liabilities 2 820
_______ _______
Net assets 2 820
_______ _______
Capital and reserves
Called up share capital 2 2
Profit and loss account - 818
_______ _______
Shareholders funds 2 820
_______ _______
For the period ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 14 March 2023 , and are signed on behalf of the board by:
Mr Daniel Madge Mr Sam Hawking
Director Director
Company registration number: 11860813
Alfred St Limited
Notes to the financial statements
Period ended 30 November 2022
1. General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 65 Station Road, Port Talbot, SA13 1NW.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The company ceased trading on the 30th November 2022, therefore the directors have prepared the accounts under the break-up basis. No material adjustments arose as a result of ceasing to apply the going concern basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
4. Debtors
30/11/22
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 32,759 1,451
Other debtors - 20,863
_______ _______
32,759 22,314
_______ _______
5. Creditors: amounts falling due within one year
30/11/22
£ £
Trade creditors - ( 761)
Amounts owed to group undertakings and undertakings in which the company has a participating interest 69,001 69,001
Social security and other taxes 3,521 3,590
Other creditors 7,701 13,696
_______ _______
80,223 85,526
_______ _______
6. Related party transactions
Exemption under Section 33.1A has been claimed to not disclose transactions for 100% group companies.