Registered number |
01330551 |
Aalmar Surveys Limited |
Report and Unaudited Accounts |
(Information for Filing with The Registrar) |
31 December 2017 |
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Registered number: |
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Balance Sheet | |||||||
as at |
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Notes | 2017 | 2016 | |||||
£ | £ | £ | £ | ||||
Fixed assets | |||||||
Tangible assets | 3 |
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Investments | 4 |
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Current assets | |||||||
Debtors | 5 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 6 | ( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities | ( |
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Net assets |
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Capital and reserves | |||||||
Called up share capital | 7 |
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Profit and loss account |
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Shareholder's funds |
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C M BRYER | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. | ||||||||
Basis of preparation | ||||||||
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Turnover | ||||||||
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. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable. |
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Tangible fixed assets | ||||||||
Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Motor vehicle | 15% straight line | |||||||
Fixtures, fittings, tools and equipment | 20% straight line | |||||||
Survey equipment | 20% straight line | |||||||
Investments | ||||||||
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Consolidated group accounts | ||||||||
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertakings comprise a small sized group as set out in section 383 of the Companies Act 2016. The company has therefore taken advantage of the exemptions provided by Section 399 (2A) of the Companies Act 2006 not to prepare group accounts. | ||||||||
Debtors and creditors receivable or payable within one year | ||||||||
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1 | Accounting policies | (continued) | ||||||
Impairment | ||||||||
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. |
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Taxation | ||||||||
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Provisions | ||||||||
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Foreign currency translation | ||||||||
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Leases | ||||||||
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Employee benefits | ||||||||
The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable. |
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2 | Employees | 2017 | 2016 | |||||
Number | Number | |||||||
Average number of persons employed by the company |
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3 | Tangible fixed assets | |||||||
Motor vehicle | Furniture, fixtures & office equipment | Survey equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 January 2017 | - |
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Additions |
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Disposals | - | ( |
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At 31 December 2017 |
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Depreciation | ||||||||
At 1 January 2017 | - |
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Charge for the year |
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On disposals | - | ( |
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At 31 December 2017 |
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Net book value | ||||||||
At 31 December 2017 |
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At 31 December 2016 | - |
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4 | Investments | |||||||
Investments in | ||||||||
subsidiary | ||||||||
undertakings | ||||||||
£ | ||||||||
Cost | ||||||||
At 1 January 2017 | 638 | |||||||
Additions | - | |||||||
At 31 December 2017 | 638 | |||||||
Please see note 5 for loan to group undertaking in which the Company has a participating interest. | ||||||||
5 | Debtors | 2017 | 2016 | |||||
£ | £ | |||||||
Trade debtors |
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Amounts owed by group undertakings |
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Amount due from a director | 4,935 | 17,095 | ||||||
Other debtors |
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6 | Creditors: amounts falling due within one year | 2017 | 2016 | |||||
£ | £ | |||||||
Trade creditors |
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Taxation and social security costs |
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Other creditors |
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7 | Share capital | |||||||
Nominal | 2017 | 2017 | 2016 | |||||
value | Number | £ | £ | |||||
Allotted, called up and fully paid: | ||||||||
Ordinary shares | £1 each | 100 | 100 | 100 | ||||
100 | 100 | |||||||
8 | Capital commitments | 2017 | 2016 | |||||
£ | £ | |||||||
Amounts contracted for but not provided in the accounts |
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9 | Other financial commitments | 2017 | 2016 | |||||
£ | £ | |||||||
Total future minimum payments under non-cancellable operating leases |
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10 | Loans to directors | |||||||
Description and conditions | B/fwd | Paid | Repaid | C/fwd | ||||
£ | £ | £ | £ | |||||
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( |
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17,095 | 13,041 | (25,201) | 4,935 | |||||
The loans are interest free and there are no terms and conditions attached to them. | ||||||||
11 | Other information | |||||||
Aalmar Surveys Limited is a private company limited by shares and incorporated in England. | ||||||||
The address of the registered office and the Company's registered number are given in the company information on page 1 of these financial statements. |