Abbreviated Company Accounts - ALTFI LIMITED

09054950 ALTFI LIMITED 2015-08-31 false 2014-05-23 2015-08-31 true 09054950 2014-05-23 2015-08-31 09054950 2015-08-31 09054950 uk-gaap-cd-bus:Director1 2014-05-23 2015-08-31 09054950 uk-gaap-cd-bus:Director2 2014-05-23 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-23 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 09054950

ALTFI LIMITED

Abbreviated Accounts

31 August 2015

ALTFI LIMITED Registered Number 09054950

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	324
Investments	3	568
		892
Current assets
Debtors		40,002
Cash at bank and in hand		61,867
		101,869
Creditors: amounts falling due within one year		(15,122)
Net current assets (liabilities)		86,747
Total assets less current liabilities		87,639
Total net assets (liabilities)		87,639
Capital and reserves
Called up share capital	4	10
Share premium account		224,999
Profit and loss account		(137,370)
Shareholders' funds		87,639

For the year ending 31 August 2015 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 20 February 2016

And signed on their behalf by:
D Stevenson, Director

ALTFI LIMITED Registered Number 09054950

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost less estimated residual value of each asset over its expected
useful life, as follows:

Computer equipment 25.0% of written down value

2Tangible fixed assets

	£
Cost
Additions	432
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	432
Depreciation
Charge for the year	108
On disposals	-
At 31 August 2015	108
Net book values
At 31 August 2015	324

3Fixed assets Investments
Shares in associated undertakings represents a 38.43% interest in the share capital of AltFi
Data Limited, a company incorporated in England & Wales.

The aggregate amount of capital and reserves and the results of the associated undertaking for the
relevant financial period were as follows:
Capital & P&L for
Principal activity reserves period
£ £
AltFi Data Limited Provision of financial data (94,343) (115,392)

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
99,976 Ordinary shares of £0.0001 each	10