Accounts Submission

Accounts Submission

T ALDERMAN LIMITED - Company Information

Print Friendly Version

T ALDERMAN LIMITED

Company Registration Number:
05695000 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

Page 1

T ALDERMAN LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2019

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 9

Page 2

T ALDERMAN LIMITED

Company Information

for the Period Ended 31 March 2019




Director: Terence Alderman
Barbara Alderman
Registered office: 7
Yaverland Drive
Bagshot
Surrey
GU19 5DX
Company Registration Number: 05695000 (England and Wales)

Page 3

T ALDERMAN LIMITED

Profit and Loss Account

for the Period Ended 31 March 2019


Notes
2019
£
2018
£
Gross Profit or (Loss) 28,284 40,873
Administrative Expenses (32,791) (33,818)
Operating Profit or (Loss) (4,507) 7,055
Interest Receivable and Similar Income 2 3
Interest Payable and Similar Charges (422) (1,101)
Profit or (Loss) Before Tax (4,927) 5,957
Tax on Profit (0) (536)
Profit or (Loss) for Period (4,927) 5,421

The notes form part of these financial statements

Page 4

T ALDERMAN LIMITED

Balance sheet

As at 31 March 2019


Notes
2019
£
2018
£
Fixed assets
Tangible assets: 3 4,159 5,545
Total fixed assets: 4,159 5,545
Current assets
Stocks: 1,000 500
Debtors: 1,200 4,842
Cash at bank and in hand: 1,065 4,119
Total current assets: 3,265 9,461
Prepayments and accrued income: 229 378
Creditors: amounts falling due within one year: 4 ( 14,636 ) ( 17,439 )
Net current assets (liabilities): ( 11,142 ) ( 7,600 )
Total assets less current liabilities: ( 6,983 ) ( 2,055 )
Total net assets (liabilities): ( 6,983 ) ( 2,055 )

The notes form part of these financial statements

Page 5

T ALDERMAN LIMITED

Balance sheet continued

As at 31 March 2019


Notes
2019
£
2018
£
Capital and reserves
Called up share capital: 20 20
Profit and loss account: ( 7,003 ) ( 2,075 )
Shareholders funds: ( 6,983 ) ( 2,055 )

For the year ending 31 March 2019 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 October 2019
And Signed On Behalf Of The Board By:

Name: Terence Alderman
Status: Director

The notes form part of these financial statements

Page 6

T ALDERMAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents net invoiced sales of goods and services, excluding Value Added Tax. Turnover is recognised when services are provided to
    the customer.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful economic life:
    Plant and machinery - 25% on reducing balance
    Motor vehicles - 25% on reducing balance
    Computer Equipment - 25% on reducing balance

    Valuation information and policy

    Stocks are valued at the lower of cost or net realisable value.
    Page 8
    DRAFT

Page 7

T ALDERMAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Dividends


2019
£
2018
£
Dividends paid 0 0

Page 8

T ALDERMAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Tangible Assets

Total
Cost £
At 01 April 2018 19,802
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2019 19,802
Depreciation
At 01 April 2018 14,257
Charge for year 1,386
On disposals -
Other adjustments -
At 31 March 2019 15,643
Net book value
At 31 March 2019 4,159
At 31 March 2018 5,545

Page 9

T ALDERMAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Creditors: amounts falling due within one year note

Creditors include Directors Current Account £10,194

Page 10

T ALDERMAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

5.1.Related party disclosures

Name of related party: Terence Alderman
Description of relationship:
Controlling Director throughout period
Description of the transaction:
Directors Current Account amount owed to the Director
Balance at 01 April 2018 11,957
Balance at 31 March 2019 10,194

Page 11