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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31ST MARCH 2017 |
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ALP INVESTMENTS LIMITED |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31ST MARCH 2017 |
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FOR |
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ALP INVESTMENTS LIMITED |
ALP INVESTMENTS LIMITED (REGISTERED NUMBER: 07999121) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2017 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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ALP INVESTMENTS LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST MARCH 2017 |
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DIRECTOR: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Manufactory House |
Bell Lane |
Hertford |
Hertfordshire |
SG14 1BP |
ALP INVESTMENTS LIMITED (REGISTERED NUMBER: 07999121) |
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BALANCE SHEET |
31ST MARCH 2017 |
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2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
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CURRENT ASSETS |
Debtors | 5 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 6 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
7 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Revaluation reserve | 9 |
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Retained earnings | ( |
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SHAREHOLDERS' FUNDS |
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The director acknowledges his responsibilities for: |
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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. |
ALP INVESTMENTS LIMITED (REGISTERED NUMBER: 07999121) |
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BALANCE SHEET - continued |
31ST MARCH 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
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The financial statements were approved by the director on
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ALP INVESTMENTS LIMITED (REGISTERED NUMBER: 07999121) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2017 |
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1. | STATUTORY INFORMATION |
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ALP Investments Limited is a
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company's registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Accounting convention |
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with |
FRS 102 Section 1A. The date of transition is 01 April 2016. The transition to FRS 102 Section 1A small entities |
has resulted in different accounting policies to those used previously. There is no material impact on opening |
equity and profit for the comparative period. |
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Going Concern Justification |
The directors have assessed various factors and risks affecting the company and its ability in these difficult |
economic times to continue to trade as a going concern. The directors have not identified any material |
uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets |
and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31 March 2017 |
have been prepared using the going concern basis of accounting. |
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Revenue |
Revenue represents the total invoice value, excluding value added tax, of fees charged during the year and |
derives from the provision of goods falling within the company's ordinary activities. |
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Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
fair value is recognised in profit or loss. |
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First year adoption |
The company adopted FRS 102 from 01/04/2016 onwards. |
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There are no material impacts of this change in the comparative figures. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st April 2016 |
and 31st March 2017 |
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NET BOOK VALUE |
At 31st March 2017 |
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At 31st March 2016 |
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Fair value at 31st March 2017 is represented by: |
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£ |
Valuation in 2016 | 229,093 |
Cost | 630,907 |
860,000 |
ALP INVESTMENTS LIMITED (REGISTERED NUMBER: 07999121) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST MARCH 2017 |
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4. | INVESTMENT PROPERTY - continued |
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If investment property had not been revalued it would have been included at the following historical cost: |
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2017 | 2016 |
£ | £ |
Cost | 630,907 | 630,907 |
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Investment property was valued on an open market basis on 31st March 2016 by the directors of the company . |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other debtors |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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7. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2017 | 2016 |
£ | £ |
Bank loans |
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Amounts falling due in more than five years: |
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Repayable by instalments |
Bank loans more 5 yr by instal | 254,080 | 281,558 |
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8. | SECURED DEBTS |
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The following secured debts are included within creditors: |
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2017 | 2016 |
£ | £ |
Bank loans |
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The bank loan is secured over the company's assets by way of a fixed and floating charge. |
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9. | RESERVES |
Revaluation |
reserve |
£ |
At 1st April 2016 |
and 31st March 2017 |
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ALP INVESTMENTS LIMITED (REGISTERED NUMBER: 07999121) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST MARCH 2017 |
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10. | ULTIMATE CONTROLLING PARTY |
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The controlling party is A L Price. |
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11. | REMUNERATION TRUST |
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The company made a contribution in the accounting period to a Remuneration Trust in the amount of £120,000 |
(2016: £Nil). The terms of the Trust are set out in a Trust deed executed by the company and the original |
Trustees. |