Abbreviated Company Accounts - ALTO PRESTIGE LTD

Abbreviated Company Accounts - ALTO PRESTIGE LTD


Registered Number 08790486

ALTO PRESTIGE LTD

Abbreviated Accounts

31 December 2014

ALTO PRESTIGE LTD Registered Number 08790486

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014
£
Fixed assets
Tangible assets 2 2,887
2,887
Current assets
Debtors 5,722
Cash at bank and in hand 11,505
17,227
Creditors: amounts falling due within one year (18,940)
Net current assets (liabilities) (1,713)
Total assets less current liabilities 1,174
Total net assets (liabilities) 1,174
Capital and reserves
Called up share capital 3
Profit and loss account 1,171
Shareholders' funds 1,174
  • For the year ending 31 December 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 August 2015

And signed on their behalf by:
Peter Thoburn, Director

ALTO PRESTIGE LTD Registered Number 08790486

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and comply with financial reporting
standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its
expected useful life, as follows:
Fixtures, fittings
and equipment - 25% straight line

2Tangible fixed assets
£
Cost
Additions 3,850
Disposals -
Revaluations -
Transfers -
At 31 December 2014 3,850
Depreciation
Charge for the year 963
On disposals -
At 31 December 2014 963
Net book values
At 31 December 2014 2,887