Company Registration No. 05045721 (England and Wales)
ALPHA CARPETS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
ALPHA CARPETS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ALPHA CARPETS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,076
1,434
Current assets
Debtors
8,000
-
Cash at bank and in hand
1,279
7,178
9,279
7,178
Creditors: amounts falling due within one year
(9,416)
(7,419)
Net current liabilities
(137)
(241)
Total assets less current liabilities
939
1,193
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
938
1,192
Shareholders' funds
939
1,193
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.
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 15 December 2016
Mr Michael Roberts
Director
Company Registration No. 05045721
ALPHA CARPETS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 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).
1.2
Turnover
Turnover represents the total amount receivable in the course of the company's business.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% on reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015 & at 31 March 2016
9,450
Depreciation
At 1 April 2015
8,016
Charge for the year
358
At 31 March 2016
8,374
Net book value
At 31 March 2016
1,076
At 31 March 2015
1,434
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary Share of £1 each
1
1