Alpha Business Resource EU Ltd - Abbreviated accounts 16.1

Alpha Business Resource EU Ltd - Abbreviated accounts 16.1

ALPHA BUSINESS RESOURCE EU LTD - Company Information

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07859138 31.12.14 30.12.15 30.12.15 Company accounts Private Limited Company FY true false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure078591382014-12-30078591382015-12-30078591382014-12-312015-12-30078591382013-12-30078591382013-12-312014-12-30078591382014-12-3007859138ns12:England2014-12-312015-12-3007859138ns14:PoundSterling2014-12-312015-12-3007859138ns7:Director12014-12-312015-12-3007859138ns7:OrdinaryShareClass12014-12-312015-12-3007859138ns7:OrdinaryShareClass22014-12-312015-12-3007859138ns5:FixturesFittings2014-12-312015-12-3007859138ns5:MotorVehicles2014-12-312015-12-3007859138ns7:OrdinaryShareClass12015-12-3007859138ns7:OrdinaryShareClass12014-12-3007859138ns7:OrdinaryShareClass22015-12-3007859138ns7:OrdinaryShareClass22014-12-30
REGISTERED NUMBER: 07859138 (England and Wales)












ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 DECEMBER 2015

FOR

ALPHA BUSINESS RESOURCE EU LTD

ALPHA BUSINESS RESOURCE EU LTD (REGISTERED NUMBER: 07859138)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 DECEMBER 2015










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

ALPHA BUSINESS RESOURCE EU LTD (REGISTERED NUMBER: 07859138)

ABBREVIATED BALANCE SHEET
30 DECEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,741 2,321

CURRENT ASSETS
Debtors 831,867 745,789
Cash at bank 100,061 107,875
931,928 853,664
CREDITORS
Amounts falling due within one year 3 796,092 731,437
NET CURRENT ASSETS 135,836 122,227
TOTAL ASSETS LESS CURRENT
LIABILITIES
137,577
124,548

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 137,477 124,448
SHAREHOLDERS' FUNDS 137,577 124,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 27 September 2016 and were signed by:





Ms C A Findlay - Director


The notes form part of these abbreviated accounts

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ALPHA BUSINESS RESOURCE EU LTD (REGISTERED NUMBER: 07859138)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 DECEMBER 2015


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.

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
Motor vehicles - 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.

Foreign currencies
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 rate of exchange ruling at the date
of transaction. Exchange differences are taken into account in arriving at the operating result.

Debt factoring
Trade debtors are recorded at invoice value, less provision for doubtful debts. Where sales invoices are subject to
debt factoring, the funds advanced by the factoring company are treated as a loan and disclosed within creditors:
amounts falling due within one year.
Factoring charges are taken to the profit and loss account as incurred.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 31 December 2014
and 30 December 2015 4,198
DEPRECIATION
At 31 December 2014 1,877
Charge for year 580
At 30 December 2015 2,457
NET BOOK VALUE
At 30 December 2015 1,741
At 30 December 2014 2,321

3. CREDITORS

Creditors include an amount of £ 208,077 (2014 - £ 201,314 ) for which security has been given.

2 continued...
ALPHA BUSINESS RESOURCE EU LTD (REGISTERED NUMBER: 07859138)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 DECEMBER 2015


4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

Only A shares have the right to vote and the right to receive a distribution upon a winding up. A and B shares both
have the right to receive a dividend.

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