Company Registration No. 08674252 (England and Wales)
ALNIX RIGGING LTD
Unaudited accounts
for the period from 1 October 2019 to 31 January 2021
ALNIX RIGGING LTD
Unaudited accounts
Contents
ALNIX RIGGING LTD
Statement of financial position
as at 31 January 2021
Cash at bank and in hand
35
26,109
Creditors: amounts falling due within one year
(85,309)
(80,689)
Net current liabilities
(85,274)
(44,199)
Net liabilities
(84,949)
(34,201)
Called up share capital
100
100
Profit and loss account
(85,049)
(34,301)
Shareholders' funds
(84,949)
(34,201)
For the period ending 31 January 2021 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 8 February 2021 and were signed on its behalf by
Alard Hufner
Director
Company Registration No. 08674252
ALNIX RIGGING LTD
Notes to the Accounts
for the period from 1 October 2019 to 31 January 2021
ALNIX RIGGING LTD is a private company, limited by shares, registered in England and Wales, registration number 08674252. The registered office is 27 Mayesbrook Road, Dagenham, Essex, RM8 2EA.
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 period, 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
33.33% straight line basis
Computer equipment
33.33% straight line basis
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2019
14,487
9,343
23,830
At 31 January 2021
14,487
9,343
23,830
At 1 October 2019
5,707
8,125
13,832
Charge for the period
4,227
5,446
9,673
At 31 January 2021
9,934
13,571
23,505
At 31 January 2021
4,553
(4,228)
325
At 30 September 2019
8,780
1,218
9,998
ALNIX RIGGING LTD
Notes to the Accounts
for the period from 1 October 2019 to 31 January 2021
6
Creditors: amounts falling due within one year
2021
2019
Taxes and social security
-
7,254
Other creditors
26,840
27,122
Loans from directors
58,469
46,313
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company was under the control of Mr Alard Hufner throughout the current and previous year. Mr Hufner is the managing director and majority shareholder.
9
Post balance sheet events
The global pandemic of the coronavirus (COV1D 19), has seen countries all around the World having to lock-down cities and surrounding communities in order to contain the disease and protect their healthcare systems. Consequently these necessary actions have seen an economic slowdown across all global markets.
The directors recognise that the global pandemic is not over and that the prevailing situation will continue to effect businesses that are considered non-essential for the purpose of fighting the disease and supporting populations that are in lock down. The extent of the economic impact that this will have on the Company is not underestimated, however the directors are taking the necessary steps to receive updates regarding their rigging, building maintenance and other heavy lifting services that they remain inline with the expectation during this unprecedented time.
10
Average number of employees
During the period the average number of employees was 2 (2019: 2).
