ALM Design Limited - Limited company - abbreviated - 11.6

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

ALM Design Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

H Abdi

REGISTERED OFFICE:

Bridge House

2 Bridge Avenue

Maidenhead

Berkshire

SL6 1RR

REGISTERED NUMBER:

07067471 (England and Wales)

ACCOUNTANTS:

Peter Upton

PO Box 782

Maidenhead

Berkshire

SL6 1FR

FIXED ASSETS

Tangible assets

2

3,846

6,120

CURRENT ASSETS

Stocks

19,602

19,602

Debtors

77,556

116

Cash at bank

13,225

149

110,383

19,867

CREDITORS

Amounts falling due within one year

85,486

49,760

NET CURRENT ASSETS/(LIABILITIES)

24,897

(29,893

)

TOTAL ASSETS LESS CURRENT LIABILITIES

28,743

(23,773

)

PROVISIONS FOR LIABILITIES

769

1,224

NET ASSETS/(LIABILITIES)

27,974

(24,997

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

27,874

(25,097

)

SHAREHOLDERS' FUNDS

27,974

(24,997

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 19 March 2015 and were signed by:

H Abdi - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Revenue recognition

Revenue from the sale of goods is recognised when the goods are delivered and title has

passed. Revenue is measured at the fair value of the consideration received or receivable net

of discounts and sales-related taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax assets and liabilities are recognised in the balance sheet in respect of all timing

differences that have originated but not reversed at the balance sheet date where transactions

or events that result in an obligation to pay more or a right to pay less tax in the future have

occurred by the balance sheet date.

Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply

in the periods in which the timing differences are expected to reverse. Any movements in the

year are recognised in the profit and loss account.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

11,794

Additions

832

At 30 November 2014

12,626

DEPRECIATION

At 1 December 2013

5,674

Charge for year

3,106

At 30 November 2014

8,780

NET BOOK VALUE

At 30 November 2014

3,846

At 30 November 2013

6,120

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

100

Ordinary

£1

100

100