Company Registration No. 04538431 (England and Wales)
ALIUM LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
Richard Anthony
Chartered Accountants
ALIUM LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 4
ALIUM LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
3
2,773
4,288
Investments
3
101
101
2,874
4,389
Current assets
Debtors
329,867
328,781
Cash at bank and in hand
-
6
329,867
328,787
Creditors: amounts falling due within one year
(332,724)
(332,700)
Net current liabilities
(2,857)
(3,913)
Total assets less current liabilities
17
476
17
476
Capital and reserves
Called up share capital
4
1,000
1,000
Profit and loss account
(983)
(524)
Shareholders' funds
17
476
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 22 December 2016
Mr P. Fairbank
Director
Company Registration No. 04538431
ALIUM LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.7
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 financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.8
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.9
Patents
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.
1.10
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.11
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.
1
Accounting policies
1.12
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 taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
1.13
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.14
Patents
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.
1.15
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.16
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
ALIUM LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
notea,noteab01
Accounting policies
(Continued)
- 3 -
1.17
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.
3
Fixed assets
Intangible assets
Investments
Total
£
£
£
Cost
At 1 April 2015
55,890
101
55,991
Additions
321
-
321
At 31 March 2016
56,211
101
56,312
Depreciation
At 1 April 2015
51,602
-
51,602
Charge for the year
1,836
-
1,836
At 31 March 2016
53,438
-
53,438
Net book value
At 31 March 2016
2,773
101
2,874
At 31 March 2015
4,288
101
4,389
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
Alium Partners Limited
England and Wales
Ordinary
100.00
Corporate Insigts 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
£
£
Alium Partners Limited
Intrim recruitment consultants
577,641
52,771
Corporate Insigts Limited
Dormant company
1
-
ALIUM LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 4 -
4
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1,000 Ordinary of £1 each
1,000
1,000
5
Ultimate parent company
The company is wholly owned by the parent company Alium Executive Limited
, which is registered in England and Wales.