Alltrust Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05365396 (England and Wales)

Financial Statements for the Year Ended 31 March 2020

for

Alltrust Services Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H Nawaz-Khan

T A Williams

REGISTERED OFFICE:

Fountain House

Fountain Lane

St Mellons

Cardiff

CF3 0FB

REGISTERED NUMBER:

05365396 (England and Wales)

ACCOUNTANTS:

RLJ Chartered Accountants

Michaelston-Y-Fedw

Cardiff

CF3 6XT

FIXED ASSETS

Tangible assets

4

42,616

57,449

Investments

5

97,031

98,229

139,647

155,678

CURRENT ASSETS

Debtors

271,361

301,685

Investments

15,000

15,000

Cash at bank

954,975

954,433

1,241,336

1,271,118

CREDITORS

Amounts falling due within one year

634,730

739,956

NET CURRENT ASSETS

606,606

531,162

TOTAL ASSETS LESS CURRENT LIABILITIES

746,253

686,840

CREDITORS

Amounts falling due after more than one year

(18,000

)

(18,000

)

PROVISIONS FOR LIABILITIES

(7,103

)

(10,213

)

NET ASSETS

721,150

658,627

CAPITAL AND RESERVES

Called up share capital

3,400

3,400

Retained earnings

717,750

655,227

SHAREHOLDERS' FUNDS

721,150

658,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2020 and were signed on its behalf by:

H Nawaz-Khan - Director

1.	STATUTORY INFORMATION

Alltrust Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2019 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2019

121,154

Additions

2,181

Disposals

(5,615

)

At 31 March 2020

117,720

DEPRECIATION

At 1 April 2019

63,705

Charge for year

17,014

Eliminated on disposal

(5,615

)

At 31 March 2020

75,104

NET BOOK VALUE

At 31 March 2020

42,616

At 31 March 2019

57,449

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2019

98,229

Disposals

(280

)

Impairments

(918

)

At 31 March 2020

97,031

NET BOOK VALUE

At 31 March 2020

97,031

At 31 March 2019

98,229