Alansons Shipping Limited - Accounts to registrar - small 16.3
Alansons Shipping Limited - Accounts to registrar - small 16.3
| REGISTERED NUMBER: |
| ALANSONS SHIPPING LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 31 MARCH 2016 |
| ALANSONS SHIPPING LIMITED (REGISTERED NUMBER: 01874795) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 | to | 5 |
| ALANSONS SHIPPING LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Town Wall House |
| Balkerne Hill |
| Colchester |
| Essex |
| CO3 3AD |
| BANKERS: |
| 9 High Street |
| Colchester |
| Essex |
| CO1 1AQ |
| ALANSONS SHIPPING LIMITED (REGISTERED NUMBER: 01874795) |
| BALANCE SHEET |
| 31 MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Investments | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| ALANSONS SHIPPING LIMITED (REGISTERED NUMBER: 01874795) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 1. | STATUTORY INFORMATION |
| Alansons Shipping Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Transition to FRS 102 Section 1A |
| These financial statements for the year ended 31 March 2016 are the first financial statements that comply with FRS 102 |
| Section 1A small entities. The date of transition is 1 April 2014. This transition has not resulted in any changes to the |
| accounting policies. |
| Consolidation |
| In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has |
| therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group |
| accounts. |
| Revenue recognition |
| The revenue shown in the income statement represents amounts receivable during the year net of VAT and trade |
| discounts. |
| Depreciation |
| Freehold property | - |
| Office equipment | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Deferred taxation |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
| date and is provided on the liability method. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet |
| date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the |
| transaction. Exchange differences are taken into account in arriving at the operating profit. |
| Pension costs |
| The company operates a defined contribution pension scheme for employees. The assets of the scheme are held |
| separately from those of the company. The annual contributions payable are charged to the profit and loss account. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| ALANSONS SHIPPING LIMITED (REGISTERED NUMBER: 01874795) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Fixtures |
| Freehold | Office | and | Computer |
| property | equipment | fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 April 2015 |
| and 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| Included within freehold property is £89,869 of land on which no depreciation is charged. |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Other |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2015 | 25,858 |
| Additions | 1,207 |
| At 31 March 2016 | 27,065 |
| NET BOOK VALUE |
| At 31 March 2016 | 27,065 |
| At 31 March 2015 | 25,858 |
| Shares in group undertakings |
| The company owns 100% of the issued share capital of H.D. Blyth Limited a company incorporated in England. The |
| aggregate share capital and reserves of H.D. Blyth Limited as at 31 March 2015 was £2. The company is dormant. |
| Other investments |
| i) Listed Investments with a cost of £26,561 (2015: £25,354) had a market value at 31 March 2016 of £55,985 (2015: |
| £43,551). |
| ii) Unlisted Investments had a cost of £502 (2015: 502). |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Deferred tax asset |
| Prepayments and accrued income |
| 7. | CURRENT ASSET INVESTMENTS |
| 2016 | 2015 |
| £ | £ |
| Listed investments | - | 27,078 |
| ALANSONS SHIPPING LIMITED (REGISTERED NUMBER: 01874795) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade creditors |
| Other tax and social security |
| Accruals and deferred income |
| 9. | DEFERRED TAX |
| £ |
| Balance at 1 April 2015 | ( |
) |
| Charge to Income Statement during year |
| Balance at 31 March 2016 |
| 10. | RELATED PARTY TRANSACTIONS |
| The company was under the control of Mr A.L. Roberts throughout the current and previous year. Mr A.L. Roberts is the |
| majority shareholder. |
| 11. | FIRST YEAR ADOPTION |
| There is no effect of the transition to FRS 102 Section 1A on the value of equity or profit reported under the previous |
| financial reporting framework. |