Company registration number NI687979 (Northern Ireland)
ALEM RENTALS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023
PAGES FOR FILING WITH REGISTRAR
ALEM RENTALS LTD
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
ALEM RENTALS LTD
BALANCE SHEET
AS AT 31 OCTOBER 2023
31 October 2023
- 1 -
2023
£
£
Fixed assets
148,758
Current assets
355
Creditors: amounts falling due within one year
(100,722)
Net current liabilities
(100,367)
Total assets less current liabilities
48,391
Creditors: amounts falling due after more than one year
(56,237)
Net liabilities
(7,846)
Capital and reserves
(7,846)
Notes to the financial statements
1
Reporting period
These are the first accounts of the company from incorporation and cover the period ended 31 October 2023.
The accounts will be prepared annually to 31 October in future.
2
Employees
The average number of persons, including directors, employed by the company during the period was as follows:
2023
Number
Employees
2
3
Investment properties
Tangible assets include £147,318 in respect of two investment properties purchased by the company during the year, initially these are valued at cost and this will be reviewed by the directors on an annual basis.
4
Other creditors
Other Creditors includes £100,122 owed to the directors in respect of loans to the company.
5
Mortgage
The property at Apt 1, 456A Oldpark Road is held under a mortgage deed in respect of the loan used to purchase the property.
ALEM RENTALS LTD
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023
31 October 2023
- 2 -
ALEM Rentals Ltd is a private company limited by shares incorporated in Northern Ireland. The registered office is 10 Coastguard Cottages, Coastguard Avenue, Helens Bay, Co. Down, BT19 1JY.
For the period ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 6 February 2024 and are signed on its behalf by:
Mr A,J Lavery
Director
Company registration number NI687979 (Northern Ireland)