Company Registration No. 09145674 (England and Wales)
ALTERNA LIMITED
Unaudited accounts
for the year ended 31 March 2020
ALTERNA LIMITED
Unaudited accounts
Contents
ALTERNA LIMITED
Company Information
for the year ended 31 March 2020
Director
Alvaro Odeh Torro
Company Number
09145674 (England and Wales)
Registered Office
First Floor, 155
Regents Park Road
London
NW1 8BB
England
Accountants
Solvers Accountants
108 Belgrave Gate
Leicester
Leicestershire
LE1 3GR
ALTERNA LIMITED
Statement of financial position
as at 31 March 2020
Tangible assets
22,734
975
Cash at bank and in hand
96,569
11,971
Creditors: amounts falling due within one year
(68,428)
(157,943)
Net current assets
110,052
89,625
Called up share capital
100
100
Profit and loss account
132,686
90,500
Shareholders' funds
132,786
90,600
For the year ending 31 March 2020 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.
The financial statements were approved by the Board and authorised for issue on 24 August 2020 and were signed on its behalf by
Alvaro Odeh Torro
Director
Company Registration No. 09145674
ALTERNA LIMITED
Notes to the Accounts
for the year ended 31 March 2020
ALTERNA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09145674. The registered office is First Floor, 155, Regents Park Road, London, NW1 8BB, England.
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.
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:
Motor vehicles
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2019
1,300
-
-
1,300
Additions
3,205
25,905
1,202
30,312
Disposals
(1,300)
-
-
(1,300)
At 31 March 2020
3,205
25,905
1,202
30,312
At 1 April 2019
325
-
-
325
Charge for the year
801
6,476
301
7,578
On disposals
(325)
-
-
(325)
At 31 March 2020
801
6,476
301
7,578
At 31 March 2020
2,404
19,429
901
22,734
At 31 March 2019
975
-
-
975
ALTERNA LIMITED
Notes to the Accounts
for the year ended 31 March 2020
Trade debtors
81,911
76,264
6
Creditors: amounts falling due within one year
2020
2019
Amounts owed to group undertakings and other participating interests
49,510
118,510
Taxes and social security
899
2,319
Other creditors
15,619
32,500
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Average number of employees
During the year the average number of employees was 7 (2019: 7).
