Alpha Design Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05095642 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2019

for

Alpha Design Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D K Whittle

SECRETARY:

Mrs J Whittle

REGISTERED OFFICE:

Ground Floor

657 High Street

Kingswinford

West Midlands

DY6 8AL

REGISTERED NUMBER:

05095642 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Tangible assets

4

3,194

2,903

CURRENT ASSETS

Debtors

5

172,504

153,243

Cash at bank

115,477

105,122

287,981

258,365

CREDITORS

Amounts falling due within one year

6

87,133

83,070

NET CURRENT ASSETS

200,848

175,295

TOTAL ASSETS LESS CURRENT LIABILITIES

204,042

178,198

PROVISIONS FOR LIABILITIES

607

552

NET ASSETS

203,435

177,646

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

202,435

176,646

SHAREHOLDERS' FUNDS

203,435

177,646

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 2nd November 2019 and were signed by:

Mr D K Whittle - Director

1.	STATUTORY INFORMATION

Alpha Design Limited is a private company, limited by shares , registered in England and Wales. The

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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts

and value added tax. Turnover is recognised when services have been provided resulting in the

company obtaining the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings and equipment

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1st April 2018

2,510

14,607

17,117

Additions

-

1,221

1,221

At 31st March 2019

2,510

15,828

18,338

DEPRECIATION

At 1st April 2018

2,444

11,770

14,214

Charge for year

17

913

930

At 31st March 2019

2,461

12,683

15,144

NET BOOK VALUE

At 31st March 2019

49

3,145

3,194

At 31st March 2018

66

2,837

2,903

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

10,140

10,542

Other debtors

162,364

142,701

172,504

153,243

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

27,577

31,922

Other creditors

59,556

51,148

87,133

83,070

7.	RELATED PARTY DISCLOSURES

Included in debtors is £139,000 (2018 - £134,000) owed by a company controlled by the directors and

shareholders of Alpha Design Limited. No interest has been paid to the company in respect of these

loans and there are no fixed terms for their repayment.