Company Registration No. 7863795 (England and Wales)
Alpha Cash & Carry Limited
Unaudited accounts
for the year ended 30 November 2018
Alpha Cash & Carry Limited
Unaudited accounts
Contents
Alpha Cash & Carry Limited
Company Information
for the year ended 30 November 2018
Directors
Akhtar Mahmood Yousef
Amjad Mahmood
Sabrina Attia Mahmood
Company Number
7863795 (England and Wales)
Registered Office
741 Huddersfield Road
Dewsbury
West Yorkshire
WF13 3LQ
Accountants
B Ram & Co
Anzeck Building
Florence Street
Bradford
BD3 8EX
Alpha Cash & Carry Limited
Statement of financial position
as at 30 November 2018
Intangible assets
8,600
8,800
Tangible assets
14,114
19,469
Inventories
398,139
325,776
Cash at bank and in hand
67,779
74,559
Creditors: amounts falling due within one year
(634,146)
(663,208)
Net current assets
371,193
300,935
Net assets
393,907
329,204
Called up share capital
100
100
Profit and loss account
393,807
329,104
Shareholders' funds
393,907
329,204
For the year ending 30 November 2018 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 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 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 9 August 2019.
Akhtar Mahmood Yousef
Director
Company Registration No. 7863795
Alpha Cash & Carry Limited
Notes to the Accounts
for the year ended 30 November 2018
Alpha Cash & Carry Limited is a private company, limited by shares, registered in England and Wales, registration number 7863795. The registered office is 741 Huddersfield Road, Dewsbury, West Yorkshire, WF13 3LQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Alpha Cash & Carry Limited
Notes to the Accounts
for the year ended 30 November 2018
4
Intangible fixed assets
Goodwill
At 30 November 2018
10,000
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2017
24,400
17,992
42,392
Disposals
(23,300)
-
(23,300)
At 30 November 2018
9,000
18,159
27,159
At 1 December 2017
14,227
8,696
22,923
Charge for the year
2,024
1,420
3,444
On disposals
(13,322)
-
(13,322)
At 30 November 2018
2,929
10,116
13,045
At 30 November 2018
6,071
8,043
14,114
At 30 November 2017
10,173
9,296
19,469
Finished goods
398,139
325,776
Trade debtors
200,708
218,267
Accrued income and prepayments
10,439
6,365
Other debtors
328,274
339,176
Alpha Cash & Carry Limited
Notes to the Accounts
for the year ended 30 November 2018
8
Creditors: amounts falling due within one year
2018
2017
Trade creditors
428,470
453,321
Taxes and social security
54,888
35,399
Proposed dividends
-
20,000
Loans from directors
148,937
151,424
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 12 (2017: 11).
