Alpha Gems (UK) Limited - Accounts to registrar (filleted) - small 23.2.5
Alpha Gems (UK) Limited - Accounts to registrar (filleted) - small 23.2.5
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
FOR |
ALPHA GEMS (UK) LIMITED |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 30 September 2022 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ALPHA GEMS (UK) LIMITED |
COMPANY INFORMATION |
for the year ended 30 September 2022 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
19-20 Bourne Court |
Southend Road |
Woodford Green |
Essex |
IG8 8HD |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
ABRIDGED BALANCE SHEET |
30 September 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
ABRIDGED BALANCE SHEET - continued |
30 September 2022 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 30 September 2022 |
1. | STATUTORY INFORMATION |
Alpha Gems (UK) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the directors. |
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 |
Computer equipment | - |
Foreign currencies |
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account. |
Short term debtors and creditors |
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account. |
Loans and borrowings |
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 30 September 2022 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 October 2021 |
and 30 September 2022 |
DEPRECIATION |
At 1 October 2021 |
Charge for year |
At 30 September 2022 |
NET BOOK VALUE |
At 30 September 2022 |
At 30 September 2021 |
5. | SECURED DEBTS |
The following secured debts are included within creditors: |
2022 | 2021 |
£ | £ |
Bank overdrafts |
The bank overdraft is secured over the director's personal assets. |
6. | RELATED PARTY DISCLOSURES |
At the balance sheet date, the company owed International Gemstones Limited £83,945 (2021 - £94,701). |
At the balance sheet date the company was owed £3,624 (2021 - £23,624) by Haruni Brothers Limited, £121 (2021- £121) by Gemcloud Eu Limited, £28,598 (2021 - £13,105) by Lurma Limited and £93,686 (2021 - £93,686) by Wintec Point of Sale Limited. |
All of the above companies are related by virtue of a common director, Mr R Haruni. |