Company Registration No. 10678889 (England and Wales)
Alexander Bros (SW) Ltd
Unaudited accounts
for the period from 20 March 2017 to 31 December 2017
Alexander Bros (SW) Ltd
Unaudited accounts
Contents
Alexander Bros (SW) Ltd
Company Information
for the period from 20 March 2017 to 31 December 2017
Company Number
10678889 (England and Wales)
Registered Office
Pathfields Business Park
Bucknell Road
South Molton
Devon
EX36 3LH
Accountants
JD Accountants (Barnstaple) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Alexander Bros (SW) Ltd
Accountants' report
Accountants' report to the director of Alexander Bros (SW) Ltd on the preparation of the unaudited statutory accounts for the period from 20 March 2017 to 31 December 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Alexander Bros (SW) Ltd for the period from
20 March 2017 to
31 December 2017 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Alexander Bros (SW) Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Alexander Bros (SW) Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alexander Bros (SW) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Alexander Bros (SW) Ltd 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 Alexander Bros (SW) Ltd. You consider that Alexander Bros (SW) Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Alexander Bros (SW) Ltd. 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.
JD Accountants (Barnstaple) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
30 April 2018
Alexander Bros (SW) Ltd
Statement of financial position
as at
31 December 2017
Cash at bank and in hand
3,609
Creditors: amounts falling due within one year
(138,719)
Net current liabilities
(21,526)
Total assets less current liabilities
13,297
Creditors: amounts falling due after more than one year
(6,097)
Provisions for liabilities
Called up share capital
100
Profit and loss account
6,829
Shareholders' funds
6,929
For the period ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 April 2018.
D Alexander
Director
Company Registration No. 10678889
Alexander Bros (SW) Ltd
Notes to the Accounts
for the period from 20 March 2017 to 31 December 2017
Alexander Bros (SW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10678889. The registered office is Pathfields Business Park, Bucknell Road, South Molton, Devon, EX36 3LH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 Years Straight Line
The company's accounts have been prepared on a going concern basis. Whilst the company accounts do show net current liabilities, included within creditors are amounts due to the directors. Having reviewed the financial position for the company the directors therefore believe that preparation of the accounts on a going concern basis to be appropriate.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the period
122
Alexander Bros (SW) Ltd
Notes to the Accounts
for the period from 20 March 2017 to 31 December 2017
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
Additions
18,894
21,454
5,079
45,427
At 31 December 2017
18,894
21,454
5,079
45,427
Charge for the period
3,260
7,291
543
11,094
At 31 December 2017
3,260
7,291
543
11,094
At 31 December 2017
15,634
14,163
4,536
34,333
Accrued income and prepayments
11,408
8
Creditors: amounts falling due within one year
2017
Taxes and social security
20,901
Loans from directors
9,768
The company has provided HH finance with a fixed and floating charge over the assets of the company.
9
Creditors: amounts falling due after more than one year
2017
10
Deferred taxation
2017
Accelerated capital allowances
271
Alexander Bros (SW) Ltd
Notes to the Accounts
for the period from 20 March 2017 to 31 December 2017
Charged to the profit and loss account
271
Provision at end of period
271
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
12
Average number of employees
During the period the average number of employees was 9.