Alltech Industrial Ltd

Alltech Industrial Ltd

ALLTECH INDUSTRIAL LTD - Company Information

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1 January 2019 false No description of principal activity Taxfiler 2020.11 05264990business:PrivateLimitedCompanyLtd2019-01-012019-12-31 052649902018-12-31 052649902019-01-012019-12-31 05264990business:AuditExempt-NoAccountantsReport2019-01-012019-12-31 05264990business:FullAccounts2019-01-012019-12-31 052649902019-12-31 05264990business:Director12019-01-012019-12-31 05264990business:CompanySecretary12019-01-012019-12-31 05264990business:RegisteredOffice2019-01-012019-12-31 052649902018-12-31 05264990core:WithinOneYear2019-12-31 05264990core:WithinOneYear2018-12-31 05264990core:AfterOneYear2019-12-31 05264990core:AfterOneYear2018-12-31 05264990core:ShareCapital2019-12-31 05264990core:ShareCapital2018-12-31 05264990core:RetainedEarningsAccumulatedLosses2019-12-31 05264990core:RetainedEarningsAccumulatedLosses2018-12-31 05264990business:SmallEntities2019-01-012019-12-31 05264990countries:EnglandWales2019-01-012019-12-31 05264990core:MotorVehicles2019-01-012019-12-31 05264990core:FurnitureFittings2019-01-012019-12-31 05264990core:Goodwill2018-12-31 05264990core:Goodwill2019-12-31 05264990core:Goodwill2019-01-012019-12-31 05264990core:MotorVehicles2018-12-31 05264990core:FurnitureFittings2018-12-31 05264990core:MotorVehicles2019-12-31 05264990core:FurnitureFittings2019-12-31 052649902018-01-012018-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05264990 (England and Wales)
Alltech Industrial Ltd Unaudited accounts for the year ended 31 December 2019
Alltech Industrial Ltd Unaudited accounts Contents
Page
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Alltech Industrial Ltd Company Information for the year ended 31 December 2019
Director
M Holmes
Secretary
P Holmes
Company Number
05264990 (England and Wales)
Registered Office
31 Parkstone Avenue Whitefield Manchester M45 7GF
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Alltech Industrial Ltd Statement of financial position as at 31 December 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
25,953 
26,254 
Tangible assets
5
5,970 
7,959 
31,923 
34,213 
Current assets
Inventories
6
79 
79 
Debtors
7
522 
- 
Cash at bank and in hand
233,366 
228,361 
233,967 
228,440 
Creditors: amounts falling due within one year
8
(9,136)
(2,389)
Net current assets
224,831 
226,051 
Total assets less current liabilities
256,754 
260,264 
Creditors: amounts falling due after more than one year
9
(178)
(164)
Net assets
256,576 
260,100 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
256,575 
260,099 
Shareholders' funds
256,576 
260,100 
For the year ending 31 December 2019 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.
The financial statements were approved by the Board and authorised for issue on 4 September 2020 and were signed on its behalf by
M Holmes Director Company Registration No. 05264990
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Alltech Industrial Ltd Notes to the Accounts for the year ended 31 December 2019
1
Statutory information
Alltech Industrial Ltd is a private company, limited by shares, registered in England and Wales, registration number 05264990. The registered office is 31 Parkstone Avenue, Whitefield, Manchester, M45 7GF.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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: Goodwill is amortised at 1% on Cost
Motor vehicles
Depreciated at 25% Reducing Balance Basis
Fixtures & fittings
Depreciated at 25% Reducing Balance Basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2019
30,195 
At 31 December 2019
30,195 
Amortisation
At 1 January 2019
3,941 
Charge for the year
301 
At 31 December 2019
4,242 
Net book value
At 31 December 2019
25,953 
At 31 December 2018
26,254 
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Alltech Industrial Ltd Notes to the Accounts for the year ended 31 December 2019
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2019
36,275 
2,667 
38,942 
At 31 December 2019
36,275 
2,667 
38,942 
Depreciation
At 1 January 2019
29,817 
1,166 
30,983 
Charge for the year
1,614 
375 
1,989 
At 31 December 2019
31,431 
1,541 
32,972 
Net book value
At 31 December 2019
4,844 
1,126 
5,970 
At 31 December 2018
6,458 
1,501 
7,959 
6
Inventories
2019 
2018 
£ 
£ 
Finished goods
79 
79 
79 
79 
7
Debtors
2019 
2018 
£ 
£ 
Trade debtors
522 
- 
8
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Other creditors
406 
406 
Loans from directors
8,730 
1,983 
9,136 
2,389 
9
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Taxes and social security
178 
164 
10
Average number of employees
During the year the average number of employees was 0 (2018: 0).
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