Company Registration No. 07941694 (England and Wales)
Alphastorm Limited
Unaudited accounts
for the year ended 31 March 2021
Alphastorm Limited
Unaudited accounts
Contents
Alphastorm Limited
Company Information
for the year ended 31 March 2021
Directors
J Sheldon
C Dick
V Kolubayev
Company Number
07941694 (England and Wales)
Registered Office
CEDAR HOUSE
HILLBROW ROAD
ESHER
SURREY
KT10 9UD
Alphastorm Limited
Statement of financial position
as at 31 March 2021
Intangible assets
4,850
6,467
Tangible assets
1,949
2,600
Cash at bank and in hand
36,028
38,208
Creditors: amounts falling due within one year
(6,462)
(6,866)
Net current assets
34,566
36,342
Total assets less current liabilities
41,365
45,409
Creditors: amounts falling due after more than one year
(1,933)
(1,933)
Called up share capital
384
384
Share premium
334,936
334,936
Profit and loss account
(295,888)
(291,844)
Shareholders' funds
39,432
43,476
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 13 December 2021 and were signed on its behalf by
V Kolubayev
Director
Company Registration No. 07941694
Alphastorm Limited
Notes to the Accounts
for the year ended 31 March 2021
Alphastorm Limited is a private company, limited by shares, registered in England and Wales, registration number 07941694. The registered office is CEDAR HOUSE, HILLBROW ROAD, ESHER, SURREY, KT10 9UD.
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 year, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum under reducing balance basis
Fixtures & fittings
25% per annum under reducing balance basis
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is currently provided at 25% on reducing balance method.
Alphastorm Limited
Notes to the Accounts
for the year ended 31 March 2021
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2020
11,093
868
11,961
At 31 March 2021
11,093
868
11,961
At 1 April 2020
8,648
713
9,361
Charge for the year
612
39
651
At 31 March 2021
9,260
752
10,012
At 31 March 2021
1,833
116
1,949
At 31 March 2020
2,445
155
2,600
6
Debtors: amounts falling due within one year
2021
2020
7
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
2,717
2,717
Other creditors
1,381
1,381
Loans from directors
864
1,268
8
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
1,933
1,933
Alphastorm Limited
Notes to the Accounts
for the year ended 31 March 2021
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).
