Alltech Industrial Ltd

Alltech Industrial Ltd

ALLTECH INDUSTRIAL LTD - Company Information

Print Friendly Version

1 January 2017 false No description of principal activity Taxfiler 2018.11.Web 05264990business:PrivateLimitedCompanyLtd2017-01-012017-12-31 052649902016-12-31 052649902017-01-012017-12-31 05264990business:AuditExempt-NoAccountantsReport2017-01-012017-12-31 05264990business:FullAccounts2017-01-012017-12-31 052649902017-12-31 05264990business:Director12017-01-012017-12-31 05264990business:RegisteredOffice2017-01-012017-12-31 052649902016-12-31 05264990core:WithinOneYear2017-12-31 05264990core:WithinOneYear2016-12-31 05264990core:ShareCapital2017-12-31 05264990core:ShareCapital2016-12-31 05264990core:RetainedEarningsAccumulatedLosses2017-12-31 05264990core:RetainedEarningsAccumulatedLosses2016-12-31 05264990business:SmallEntities2017-01-012017-12-31 05264990countries:EnglandWales2017-01-012017-12-31 05264990core:MotorVehicles2017-01-012017-12-31 05264990core:FurnitureFittings2017-01-012017-12-31 05264990core:Goodwill2016-12-31 05264990core:Goodwill2017-12-31 05264990core:Goodwill2017-01-012017-12-31 05264990core:MotorVehicles2016-12-31 05264990core:FurnitureFittings2016-12-31 05264990core:MotorVehicles2017-12-31 05264990core:FurnitureFittings2017-12-31 052649902016-01-012016-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05264990 (England and Wales)
Alltech Industrial Ltd Unaudited accounts for the year ended 31 December 2017
Alltech Industrial Ltd Unaudited accounts Contents
Page
- 2 -
Alltech Industrial Ltd Company Information for the year ended 31 December 2017
Director
M Holmes
Company Number
05264990 (England and Wales)
Registered Office
31 Parkstone Avenue Whitefield Manchester M45 7GF
- 3 -
Alltech Industrial Ltd Statement of financial position as at 31 December 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
26,555 
26,856 
Tangible assets
5
9,612 
11,495 
36,167 
38,351 
Current assets
Inventories
6
79 
79 
Debtors
7
354 
14,751 
Cash at bank and in hand
235,814 
220,702 
236,247 
235,532 
Creditors: amounts falling due within one year
8
(4,484)
(14,547)
Net current assets
231,763 
220,985 
Net assets
267,930 
259,336 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
267,929 
259,335 
Shareholders' funds
267,930 
259,336 
For the year ending 31 December 2017 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.
Approved by the Board on 25 September 2018.
M Holmes Director Company Registration No. 05264990
- 4 -
Alltech Industrial Ltd Notes to the Accounts for the year ended 31 December 2017
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 2017
30,195 
At 31 December 2017
30,195 
Amortisation
At 1 January 2017
3,339 
Charge for the year
301 
At 31 December 2017
3,640 
Net book value
At 31 December 2017
26,555 
At 31 December 2016
26,856 
- 5 -
Alltech Industrial Ltd Notes to the Accounts for the year ended 31 December 2017
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2017
36,275 
350 
36,625 
Additions
- 
1,319 
1,319 
At 31 December 2017
36,275 
1,669 
37,944 
Depreciation
At 1 January 2017
24,796 
334 
25,130 
Charge for the year
2,869 
333 
3,202 
At 31 December 2017
27,665 
667 
28,332 
Net book value
At 31 December 2017
8,610 
1,002 
9,612 
At 31 December 2016
11,479 
16 
11,495 
6
Inventories
2017 
2016 
£ 
£ 
Finished goods
79 
79 
79 
79 
7
Debtors
2017 
2016 
£ 
£ 
Trade debtors
354 
14,751 
8
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Taxes and social security
3,835 
13,766 
Other creditors
274 
406 
Loans from directors
375 
375 
4,484 
14,547 
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
- 6 -