ALTIRIUM_LTD - Accounts

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 1 August 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Altirium Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 7 Charnwood Court, Heol Billingsley, Nantgarw, Cardiff, CF15 7QZ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has not traded during the year or the preceding financial period. During this time the company received no income and incurred no expenditure and therefore no Income statement is presented in these financial statements.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

The average monthly number of persons (including directors) employed by the company during the year was:

At the year end the company was owed £30 (2018: £30) by its parent company Trusted Data Solutions UK Limited, this balance being included within debtors due within one year.

The immediate parent company is Trusted Data Solutions UK Limited, a company incorporated in England and Wales.

The intermediate parent companies are Trusted Data Solutions LLC,and TDS Global Holdings Corporation, both companies incorporated in the USA.

The ultimate parent company is Dorchester Road LLC, a company incorporated in the USA.

The ultimate controlling party is Mr Joseph Ganz.