ALPHA SHEET METAL LIMITED

ALPHA SHEET METAL LIMITED

ALPHA SHEET METAL LIMITED - Company Information

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ALPHA SHEET METAL LIMITED

Company Registration Number:
04462438 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

ALPHA SHEET METAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

ALPHA SHEET METAL LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 97,056 97,138
Total fixed assets: 97,056 97,138
Current assets
Stocks: 700 700
Debtors:   38,338 22,848
Cash at bank and in hand: 11,078 7,776
Total current assets: 50,116 31,324
Creditors: amounts falling due within one year:   (17,066) (15,187)
Net current assets (liabilities): 33,050 16,137
Total assets less current liabilities: 130,106 113,275
Total net assets (liabilities): 130,106 113,275
Capital and reserves
Called up share capital: 100 100
Other reserves: 9,350 9,350
Profit and loss account: 120,656 103,825
Shareholders funds: 130,106 113,275

The notes form part of these financial statements

ALPHA SHEET METAL LIMITED

Balance sheet statements

For the year ending 31 December 2018 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.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 April 2019
and signed on behalf of the board by:

Name: Mr P McCamley
Status: Director

The notes form part of these financial statements

ALPHA SHEET METAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

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

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Plant and machinery 25% reducing balanceMotor vehicles 25% reducing balance

ALPHA SHEET METAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Employees

2018 2017
Average number of employees during the period 4 4

ALPHA SHEET METAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Tangible Assets

Total
Cost £
At 01 January 2018 149,253
Additions 1,900
At 31 December 2018 151,153
Depreciation
At 01 January 2018 52,115
Charge for year 1,982
At 31 December 2018 54,097
Net book value
At 31 December 2018 97,056
At 31 December 2017 97,138