Company Registration No. 11219109 (England and Wales)
ALTITUDE LIMITED
Unaudited accounts
for the year ended 30 September 2023
ALTITUDE LIMITED
Unaudited accounts
Contents
ALTITUDE LIMITED
Company Information
for the year ended 30 September 2023
Company Number
11219109 (England and Wales)
Registered Office
6 UPPER HALL VIEW
NORTHOWRAM
HALIFAX
HX3 7ET
ENGLAND
Accountants
Goodbooks (Skipton) Ltd
Duke House
Duke Street
Skipton
North Yorkshire
BD23 2HQ
ALTITUDE LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
6,500
4,700
Cash at bank and in hand
71,719
71,475
Creditors: amounts falling due within one year
(17,133)
(17,041)
Net current assets
54,702
61,957
Total assets less current liabilities
61,202
66,657
Provisions for liabilities
Called up share capital
101
101
Profit and loss account
59,866
65,663
Shareholders' funds
59,967
65,764
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 March 2024 and were signed on its behalf by
Benjamin Marsh
Director
Company Registration No. 11219109
ALTITUDE LIMITED
Notes to the Accounts
for the year ended 30 September 2023
ALTITUDE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11219109. The registered office is 6 UPPER HALL VIEW, NORTHOWRAM, HALIFAX, HX3 7ET, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
ALTITUDE LIMITED
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
2,427
8,903
11,330
At 30 September 2023
2,427
13,402
15,829
At 1 October 2022
348
6,282
6,630
Charge for the year
606
2,093
2,699
At 30 September 2023
954
8,375
9,329
At 30 September 2023
1,473
5,027
6,500
At 30 September 2022
2,079
2,621
4,700
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
14,959
16,331
Loans from directors
2,174
710
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).