|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended |
|
31 March 2018 |
|
for |
|
Alpha Aggregates Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended |
|
31 March 2018 |
|
for |
|
Alpha Aggregates Limited |
Alpha Aggregates Limited (Registered number: 05742419) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 March 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 4 |
|
Report of the Accountants | 9 |
Alpha Aggregates Limited |
|
Company Information |
for the Year Ended 31 March 2018 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Certified Accountants |
5 Bridge Street |
Hereford |
HR4 9DF |
Alpha Aggregates Limited (Registered number: 05742419) |
|
Statement of Financial Position |
31 March 2018 |
|
31.3.18 | 31.3.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 5 |
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
|
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Alpha Aggregates Limited (Registered number: 05742419) |
|
Statement of Financial Position - continued |
31 March 2018 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
|
The financial statements were approved by the Board of Directors on
by: |
|
|
|
|
|
|
|
Alpha Aggregates Limited (Registered number: 05742419) |
|
Notes to the Financial Statements |
for the Year Ended 31 March 2018 |
|
1. | STATUTORY INFORMATION |
|
Alpha Aggregates Limited is a
|
company's registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | STATEMENT OF COMPLIANCE |
|
|
|
3. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Revenue |
The company acts as a merchant supplying aggregates, sands and other associated construction materials. |
Revenue is measured at the fair value of the consideration received or receivable for the provision of these goods |
and services and represents amounts receivable for services rendered, stated net of discounts and of Value Added |
Tax. |
|
The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that |
future economic benefits will flow to the entity and when specific criteria has been met for the company's trading |
activities. |
|
Tangible fixed assets |
|
Land and buildings | - |
|
Plant and machinery etc | - |
|
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the statement of financial position date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Alpha Aggregates Limited (Registered number: 05742419) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
|
3. | ACCOUNTING POLICIES - continued |
|
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
|
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
of the future payments is treated as a liability. |
|
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
|
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
|
4. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
5. | PROPERTY, PLANT AND EQUIPMENT |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 April 2017 |
|
|
|
Additions |
|
|
|
Disposals | ( |
) | ( |
) | ( |
) |
At 31 March 2018 |
|
|
|
DEPRECIATION |
At 1 April 2017 |
|
|
|
Charge for year |
|
|
|
Eliminated on disposal |
|
( |
) | ( |
) |
At 31 March 2018 |
|
|
|
NET BOOK VALUE |
At 31 March 2018 |
|
|
|
At 31 March 2017 |
|
|
|
Alpha Aggregates Limited (Registered number: 05742419) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
|
5. | PROPERTY, PLANT AND EQUIPMENT - continued |
|
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
|
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2017 |
|
Additions |
|
Disposals | ( |
) |
At 31 March 2018 |
|
DEPRECIATION |
At 1 April 2017 |
|
Charge for year |
|
Eliminated on disposal | ( |
) |
At 31 March 2018 |
|
NET BOOK VALUE |
At 31 March 2018 |
|
At 31 March 2017 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Bank loans and overdrafts |
|
|
Hire purchase contracts (see note 9) |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Hire purchase contracts (see note 9) |
|
|
Alpha Aggregates Limited (Registered number: 05742419) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
|
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
31.3.18 | 31.3.17 |
£ | £ |
Amounts falling due in more than five years: |
|
Repayable by instalments |
Hire purchase |
|
|
|
9. | LEASING AGREEMENTS |
|
Minimum lease payments fall due as follows: |
|
Hire purchase contracts |
31.3.18 | 31.3.17 |
£ | £ |
Net obligations repayable: |
Within one year |
|
|
Between one and five years |
|
|
In more than five years |
|
|
|
|
|
Non-cancellable operating |
leases |
31.3.18 | 31.3.17 |
£ | £ |
Within one year |
|
|
Between one and five years |
|
|
|
|
|
10. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
31.3.18 | 31.3.17 |
£ | £ |
Bank overdraft |
|
|
|
The bank overdraft is secured by a fixed and floating charge against the property and all future undertakings of |
the company. |
|
All amounts owing on hire purchase agreements are secured against the asset to which the debt relates. |
Alpha Aggregates Limited (Registered number: 05742419) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
|
11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
At the start of the year, a loan was outstanding to the Company from the Directors Mr M J and Mrs K L Powell |
of £168,717. |
|
Further advances were provided to the Directors during the year totalling £203,892. |
|
Repayments were made to the Company by Mr M J Powell and Mrs K L Powell of £302,794. The maximum |
balance outstanding from Mr M J Powell and Mrs K L Powell during the year was £175,807 and the balance |
outstanding to the Company as at the year end date was £69,815. |
|
The loan is repayable to the company on demand. No interest has been charged or is payable to the company. |
Alpha Aggregates Limited |
|
Report of the Accountants to the Directors of |
Alpha Aggregates Limited |
|
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary |
statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
accounts of Alpha Aggregates Limited for the year ended 31 March 2018 as set out on pages 3 to 10 from the company's |
accounting records and from information and explanations you have given us. |
|
As a member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other |
professional requirements which are detailed at http://accaglobal.com/rulebook. |
|
This report is made solely to the Board of Directors of Alpha Aggregates Limited, as a body, in accordance with the |
terms of our engagement letter dated 24 September 2014. Our work has been undertaken solely to prepare for your |
approval the accounts of Alpha Aggregates Limited and state those matters that we have agreed to state to the Board of |
Directors of Alpha Aggregates Limited, as a body, in this report in accordance with the requirements of the Association |
of Chartered Certified Accountants as detailed at http://accaglobal.com/factsheet163. To the fullest extent permitted by |
law, we do not accept or assume responsibility to anyone other than Alpha Aggregates Limited and its Board of |
Directors, as a body, for our work or for this report. |
|
It is your duty to ensure that Alpha Aggregates Limited has kept adequate accounting records and to prepare statutory |
accounts that give a true and fair view of the assets, liabilities, financial position and profit of Alpha Aggregates Limited. |
You consider that Alpha Aggregates Limited is exempt from the statutory audit requirement for the year. |
|
We have not been instructed to carry out an audit or a review of the accounts of Alpha Aggregates Limited. For this |
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you |
have given to us and we do not, therefore, express any opinion on the statutory accounts. |
|
|
|
|
|
|
|
Chartered Certified Accountants |
5 Bridge Street |
Hereford |
HR4 9DF |
|
|
|