Abbreviated Company Accounts - 1-ALPHA ASSOCIATES LIMITED

Abbreviated Company Accounts - 1-ALPHA ASSOCIATES LIMITED


Registered Number 07806198

1-ALPHA ASSOCIATES LIMITED

Abbreviated Accounts

30 September 2015

1-ALPHA ASSOCIATES LIMITED Registered Number 07806198

Abbreviated Balance Sheet as at 30 September 2015

Notes 30/09/2015 31/10/2014
£ £
Fixed assets
Tangible assets 2 - 38
- 38
Current assets
Debtors 1,000 23,968
Cash at bank and in hand 91 33,189
1,091 57,157
Creditors: amounts falling due within one year (1,018) (32,381)
Net current assets (liabilities) 73 24,776
Total assets less current liabilities 73 24,814
Total net assets (liabilities) 73 24,814
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (27) 24,714
Shareholders' funds 73 24,814
  • For the year ending 30 September 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 October 2015

And signed on their behalf by:
Krishnan Narayanan, Director

1-ALPHA ASSOCIATES LIMITED Registered Number 07806198

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Office equipment - 33.3% straight line

2Tangible fixed assets
£
Cost
At 1 November 2014 1,759
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 1,759
Depreciation
At 1 November 2014 1,721
Charge for the year 38
On disposals -
At 30 September 2015 1,759
Net book values
At 30 September 2015 0
At 31 October 2014 38
3Called Up Share Capital
Allotted, called up and fully paid:
30/09/2015
£
31/10/2014
£
100Ordinary shares of £1 each 100 100

4Transactions with directors

Name of director receiving advance or credit: Krishnan Narayanan
Description of the transaction: Director loan account
Balance at 1 November 2014: £ 23,468
Advances or credits made: £ 24,441
Advances or credits repaid: £ 47,909
Balance at 30 September 2015: £ 0

Interest of £441 was calculated and accrued at an annual rate of 3.25%. The loan was repaid in full on 21 July 2015.