Company Registration No. 02871779 (England and Wales)
ROGER ALLARD LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
ROGER ALLARD LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 4
ROGER ALLARD LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
2
1
1
Current assets
Debtors
3
2,747,196
2,495,947
Cash at bank and in hand
36,783
14,778
2,783,979
2,510,725
Creditors: amounts falling due within one year
(655,371)
(470,078)
Net current assets
2,128,608
2,040,647
Total assets less current liabilities
2,128,609
2,040,648
Capital and reserves
Called up share capital
4
490,002
490,002
Profit and loss account
1,638,607
1,550,646
Shareholders' funds
2,128,609
2,040,648
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 26 January 2017
R J Allard
Director
Company Registration No. 02871779
ROGER ALLARD LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The company has sufficient financial resources and the director believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
1.2
Turnover
Turnover represents the value of consultancy services provided to the extent that there is a right to consideration and is recorded at the value of the consideration due net of VAT.
1.3
Tangible fixed assets and depreciation
Plant and machinery
25% reducing balance
Fixtures, fittings & equipment
25% straight line
Motor vehicles
25% straight line
1.4
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.5
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
ROGER ALLARD LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2016
- 3 -
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 May 2015
20,429
1
20,430
Disposals
(20,429)
-
(20,429)
At 30 April 2016
-
1
1
Depreciation
At 1 May 2015
20,429
-
20,429
On disposals
(20,429)
-
(20,429)
At 30 April 2016
-
-
-
Net book value
At 30 April 2016
-
1
1
At 30 April 2015
-
1
1
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Roger Allard (No. 2) Limited
England and Wales
Ordinary
100.00
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Roger Allard (No. 2) Limited
Property investment
314,891
65,515
3
Debtors
Debtors include an amount of £230,417 (2015 - £35,001) which is due after more than one year.
ROGER ALLARD LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2016
- 4 -
4
Share capital
2016
2015
£
£
Allotted, called up and fully paid
490,002 Ordinary shares of £1 each
490,002
490,002