Value Alpha Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05888086 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2015

for

Value Alpha Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J Gillen

Mrs A Gillen

SECRETARY:

S J Gillen

REGISTERED OFFICE:

20 Mountway

Potters Bar

Hertfordshire

EN6 1EP

REGISTERED NUMBER:

05888086 (England and Wales)

ACCOUNTANTS:

Capes Gittins Limited

Chartered Accountants

28 Mount Grace Road

Potters Bar

Hertfordshire

EN6 1RD

FIXED ASSETS

Intangible assets

2

7,800

9,750

Tangible assets

3

688

918

8,488

10,668

CURRENT ASSETS

Debtors

28,349

-

Cash at bank

3,696

13,182

32,045

13,182

CREDITORS

Amounts falling due within one year

22,056

14,672

NET CURRENT ASSETS/(LIABILITIES)

9,989

(1,490

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,477

9,178

PROVISIONS FOR LIABILITIES

91

126

NET ASSETS

18,386

9,052

CAPITAL AND RESERVES

Called up share capital

4

500

500

Profit and loss account

17,886

8,552

SHAREHOLDERS' FUNDS

18,386

9,052

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9 January 2016 and were signed on its behalf by:

S J Gillen - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

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 reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

15,000

AMORTISATION

At 1 August 2014

5,250

Amortisation for year

1,950

At 31 July 2015

7,200

NET BOOK VALUE

At 31 July 2015

7,800

At 31 July 2014

9,750

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

4,104

DEPRECIATION

At 1 August 2014

3,186

Charge for year

230

At 31 July 2015

3,416

NET BOOK VALUE

At 31 July 2015

688

At 31 July 2014

918

4.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

500

Ordinary shares

£1

500

500