Abbreviated Company Accounts - ALMI GROUP (UK) LTD

ALMI GROUP (UK) LTD - Company Information

03433355 ALMI GROUP (UK) LTD 2015-09-30 false 2014-10-01 2015-09-30 true 03433355 2014-10-01 2015-09-30 03433355 2015-09-30 03433355 2014-09-30 03433355 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 03433355 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 03433355

ALMI GROUP (UK) LTD

Abbreviated Accounts

30 September 2015

ALMI GROUP (UK) LTD Registered Number 03433355

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	12,896	15,926
		12,896	15,926
Current assets
Stocks		30,000	31,551
Debtors		180,454	263,816
Cash at bank and in hand		43,573	24,665
		254,027	320,032
Creditors: amounts falling due within one year	3	(260,473)	(266,614)
Net current assets (liabilities)		(6,446)	53,418
Total assets less current liabilities		6,450	69,344
Creditors: amounts falling due after more than one year	3	0	(4,357)
Total net assets (liabilities)		6,450	64,987
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		6,448	64,985
Shareholders' funds		6,450	64,987

For the year ending 30 September 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 29 June 2016

And signed on their behalf by:
A Whittle, Director

ALMI GROUP (UK) LTD Registered Number 03433355

Notes to the Abbreviated Accounts for the period ended 30 September 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.

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 equipment 25% Reducing Balance
Motor vehicles 25% Reducing Balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

Other accounting policies
Leasing and hire purchases commitments.
Assets obtained under hire purchase and finance leases are capitalised as tangible assets and depreciated over their useful lives.
Obligations under such agreements are included in creditors net of the finance charge allocated to future periods.
The finance element of the rental payment is charged to the profit and loss account as incurred.

2Tangible fixed assets

	£
Cost
At 1 October 2014	57,247
Additions	1,269
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	58,516
Depreciation
At 1 October 2014	41,321
Charge for the year	4,299
On disposals	-
At 30 September 2015	45,620
Net book values
At 30 September 2015	12,896
At 30 September 2014	15,926

Included in the above are assets held under finance leases or hire purchase contracts with a total book value of £6,644 (2014 - £8,859) and a total depreciation charge of £2,215 (2014 - £2,953)

3Creditors

	2015 £	2014 £
Secured Debts	0	4,357

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2