Alt-P Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06217576 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2019

FOR

ALT-P LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J H Abrahart

REGISTERED OFFICE:

Wilkins Kennedy

24 Park Road South

Havant

PO9 1HB

REGISTERED NUMBER:

06217576 (England and Wales)

ACCOUNTANTS:

Wilkins Kennedy

24 Park Road South

Havant

Hampshire

PO9 1HB

CREDITORS

Amounts falling due within one year

4

144,030

144,030

NET CURRENT LIABILITIES

(144,030

)

(144,030

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(144,030

)

(144,030

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(144,130

)

(144,130

)

(144,030

)

(144,030

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 and authorised for issue on 25th June 2020 and were signed by:

J H Abrahart - Director

1.	STATUTORY INFORMATION

Alt-P 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.

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.

The financial statements relate to Alt-P Limited as an individual entity.

The financial statements are presented in Sterling (£) and rounded to the nearest pound (£).

The company was dormant throughout the current year and previous year.

Financial instruments

Financial instruments are recognised in line with Sections 11 and 12 of FRS 102.

Basic financial instruments such as amounts due to/from group undertakings are initially recognised at

transaction price, unless they constitute a financing arrangement, when the transaction is measured at the

present value of the future receipts/payments discounted at a market rate of interest. Such assets are

subsequently carried at amortised cost using the effective interest rate method.

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 NIL (2018 - NIL).

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed to group undertakings

144,030

144,030

5.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

6.	ULTIMATE PARENT COMPANY

Altodigital Managed Services Limited, whose registered office is 24 Park Road South, Havant, Hampshire, PO9

1HB is regarded by the director as being the company's ultimate parent company.