Alpha Gems (UK) Limited - Accounts to registrar (filleted) - small 18.2
Alpha Gems (UK) Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2020 |
FOR |
ALPHA GEMS (UK) LIMITED |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 30 September 2020 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ALPHA GEMS (UK) LIMITED |
COMPANY INFORMATION |
for the year ended 30 September 2020 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
19-20 Bourne Court |
Southend Road |
Woodford Green |
Essex |
IG8 8HD |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
ABRIDGED BALANCE SHEET |
30 September 2020 |
2020 | 2019 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
ABRIDGED BALANCE SHEET - continued |
30 September 2020 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 30 September 2020 |
1. | STATUTORY INFORMATION |
Alpha Gems (UK) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the directors. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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. |
Foreign currencies |
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account. |
Short term debtors and creditors |
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2019 - NIL). |
4. | SECURED DEBTS |
The following secured debts are included within creditors: |
2020 | 2019 |
£ | £ |
Bank overdraft |
Bank loans |
The bank loan is secured over the company's assets. The bank overdraft is secured over the director's personal assets. |
ALPHA GEMS (UK) LIMITED (REGISTERED NUMBER: 02453589) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 30 September 2020 |
5. | RELATED PARTY DISCLOSURES |
At the balance sheet date, the company owed International Gemstones Limited £98,628 (2019 - £193,713). |
At the balance sheet date the company was owed £23,624 (2019 - £14,690) by Haruni Brothers Limited and nil (2019 - £5,619) by Limecroft Haulage Limited. |
All of the above companies are related by virtue of a common director, Mr R Haruni. |