ALGEK I.F.C. LTD

ALGEK I.F.C. LTD

ALGEK I.F.C. LTD - Company Information

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ALGEK I.F.C. LTD

Company Registration Number:
02677208 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 April 2017

End date: 31 December 2017

ALGEK I.F.C. LTD

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

ALGEK I.F.C. LTD

Balance sheet

As at 31 December 2017


Notes
31 December 2017
31 March 2017


£
£
Fixed assets
Tangible assets: 3 41,641 47,551
Total fixed assets: 41,641 47,551
Current assets
Stocks: 92,862 48,161
Debtors:   287,147 225,320
Cash at bank and in hand: 10,667 24,511
Total current assets: 390,676 297,992
Creditors: amounts falling due within one year:   (406,632) (318,707)
Net current assets (liabilities): (15,956) (20,715)
Total assets less current liabilities: 25,685 26,836
Creditors: amounts falling due after more than one year:   (92,350) (114,390)
Provision for liabilities: (819) (3,132)
Total net assets (liabilities): (67,484) (90,686)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (67,486) (90,688)
Shareholders funds: (67,484) (90,686)

The notes form part of these financial statements

ALGEK I.F.C. LTD

Balance sheet statements

For the year ending 31 December 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 February 2018
and signed on behalf of the board by:

Name: Mr G A King
Status: Director

The notes form part of these financial statements

ALGEK I.F.C. LTD

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ALGEK I.F.C. LTD

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Employees

31 December 2017 31 March 2017
Average number of employees during the period 10 10

ALGEK I.F.C. LTD

Notes to the Financial Statements

for the Period Ended 31 December 2017


3. Tangible Assets

Total
Cost £
At 01 April 2017 157,801
Additions 14,950
Disposals (15,113)
At 31 December 2017 157,638
Depreciation
At 01 April 2017 110,250
Charge for year 13,773
On disposals (8,026)
At 31 December 2017 115,997
Net book value
At 31 December 2017 41,641
At 31 March 2017 47,551