Alternative Element (Holdings) Ltd - Period Ending 2015-12-31

Registration number: 09351957

Alternative Element (Holdings) Ltd

Unaudited Abbreviated Accounts

for the Period from 11 December 2014 to 31 December 2015

 

Thomas Alexander & Co Ltd
590 Green Lanes
Palmers Green
London
N13 5RY

Alternative Element (Holdings) Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Alternative Element (Holdings) Ltd
for the Period Ended 31 December 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alternative Element (Holdings) Ltd for the period ended 31 December 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Alternative Element (Holdings) Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Alternative Element (Holdings) Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alternative Element (Holdings) Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Alternative Element (Holdings) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Alternative Element (Holdings) Ltd. You consider that Alternative Element (Holdings) Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Alternative Element (Holdings) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Thomas Alexander & Co Ltd
590 Green Lanes
Palmers Green
London
N13 5RY

8 September 2016

Page 1

Alternative Element (Holdings) Ltd
(Registration number: 09351957)
Abbreviated Balance Sheet at 31 December 2015

		Note			31 December 2015 £
Current assets
Debtors					69,464
Cash at bank and in hand					301,781
					371,245
Creditors: Amounts falling due within one year					(59)
Net assets					371,186
Capital and reserves
Profit and loss account					371,186
Shareholders' funds					371,186

For the year ending 31 December 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 director acknowledges his 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 director on 8 September 2016

.........................................
Mr Alan Phillips
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Alternative Element (Holdings) Ltd
Notes to the Abbreviated Accounts for the Period from 11 December 2014 to 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

Cost

At 31 December 2015

Depreciation

At 31 December 2015

Net book value

At 31 December 2015

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Alternative Element Ltd	England and wales	Ordinary shares	100%	Stand build

The profit for the financial period of Alternative Element Ltd was £129,662 and the aggregate amount of capital and reserves at the end of the period was £166,354.

Page 3

Alternative Element (Holdings) Ltd
Notes to the Abbreviated Accounts for the Period from 11 December 2014 to 31 December 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 December 2015
		No.			£
Ordinary shares of £1 each		1			1

Page 4