Alexander Mae (HR) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06976654 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020

FOR

ALEXANDER MAE (HR) LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S Griffith-Malley

REGISTERED OFFICE:

4 Beaufort West

Bath

BA1 6QB

BUSINESS ADDRESS:

3 Snowberry Close

Bradley Stoke

Bristol

BS32 8GB

REGISTERED NUMBER:

06976654 (England and Wales)

ACCOUNTANTS:

Graham Barber Accountancy Limited

4 Beaufort West

Bath

BA1 6QB

BANKERS:

National Westminster Bank plc

Bristol Branch

4 Church Road

Filton

Bristol

BS99 5AA

FIXED ASSETS

Tangible assets

4

628

47

CURRENT ASSETS

Debtors

3,378

39,560

Cash at bank

71,275

42,591

74,653

82,151

CREDITORS

Amounts falling due within one year

(20,648

)

(33,055

)

NET CURRENT ASSETS

54,005

49,096

TOTAL ASSETS LESS CURRENT LIABILITIES

54,633

49,143

CREDITORS

Amounts falling due after more than one year

(32,000

)

-

PROVISIONS FOR LIABILITIES

(119

)

(9

)

NET ASSETS

22,514

49,134

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

22,504

49,124

SHAREHOLDERS' FUNDS

22,514

49,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 June 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 3 June 2021 and were signed by:

Mrs S Griffith-Malley - Director

1.	STATUTORY INFORMATION

Alexander Mae (HR) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

40% on reducing balance

Government grants

Government grants to support payroll costs are accounted for in the period where the payroll expense has been incurred.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2019

4,980

Additions

1,000

At 30 June 2020

5,980

DEPRECIATION

At 1 July 2019

4,933

Charge for year

419

At 30 June 2020

5,352

NET BOOK VALUE

At 30 June 2020

628

At 30 June 2019

47

5.	OTHER FINANCIAL COMMITMENTS

Outstanding rentals under non-cancellable operating leases were £13,012 (2019 - £18,533).