Company Registration No. 06341896 (England and Wales)
ALENIA OPTIC LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
ALENIA OPTIC LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ALENIA OPTIC LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
9,493
12,249
Current assets
Stocks
2,840
4,419
Debtors
6,704
14,451
Cash at bank and in hand
90,676
68,379
100,220
87,249
Creditors: amounts falling due within one year
(43,179)
(37,281)
Net current assets
57,041
49,968
Total assets less current liabilities
66,534
62,217
66,534
62,217
Capital and reserves
Called up share capital
3
5,500
5,500
Profit and loss account
61,034
56,717
Shareholders' funds
66,534
62,217
For the financial year ended 31 December 2015 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 30 September 2016
Mr N I A Ryder
Director
Company Registration No. 06341896
ALENIA OPTIC LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 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
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).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
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:
Plant and machinery
25% reducing balance
Motor vehicles
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2015
75,687
Additions
409
At 31 December 2015
76,096
Depreciation
At 1 January 2015
63,438
Charge for the year
3,165
At 31 December 2015
66,603
Net book value
At 31 December 2015
9,493
At 31 December 2014
12,249
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
5,500 Ordinary shares of £1 each
5,500
5,500
ALENIA OPTIC LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
- 3 -
4
Related party relationships and transactions
Loans from directors
Transactions in relation to loans with directors during the year are outlined in the table below:
Description
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Mr N I A Ryder -
-
5,320
-
-
-
5,320
Mr M A Ryder -
-
19,054
5,309
-
-
24,363
24,374
5,309
-
-
29,683