A L Dalton Limited - Abbreviated accounts 16.1
A L Dalton Limited - Abbreviated accounts 16.1
| per clients tb 30/09/16 07:51 |
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| FOR |
| A L DALTON LIMITED |
| A L DALTON LIMITED (REGISTERED NUMBER: 00148767) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| per clients tb 30/09/16 07:51 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| A L DALTON LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| per clients tb 30/09/16 07:51 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| A L DALTON LIMITED (REGISTERED NUMBER: 00148767) |
| ABBREVIATED BALANCE SHEET |
| 31 DECEMBER 2015 |
| 31.12.15 | 31.12.14 |
| Notes | £ | £ | £ | £ |
| per clients tb 30/09/16 07:51 |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Revaluation reserve |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| A L DALTON LIMITED (REGISTERED NUMBER: 00148767) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 DECEMBER 2015 |
| per clients tb 30/09/16 07:51 |
| The financial statements were approved by the Board of Directors on by: |
| A L DALTON LIMITED (REGISTERED NUMBER: 00148767) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| per clients tb 30/09/16 07:51 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company's financial statements have been prepared on a going concern basis on the grounds that current and |
| future sources of funding or support will be more than adequate for the company's needs. The directors have |
| considered a period of twelve months from the date of approval of the financial statements and do not consider |
| that any further disclosures are necessary. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January |
| 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Patents and licences |
| The patents and licences are being amortised over their estimated useful life of 20 years. |
| Tangible fixed assets |
| Long leasehold | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| The long leasehold asset is held on a lease over 99 years which commenced 24 June 1973. |
| Stocks |
| Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| Operating lease rentals are charged in the profit and loss account on a straight line basis over the lease term. |
| Pension costs and other post-retirement benefits |
| The company operates defined contribution pension schemes. Contributions payable for the year are charged in |
| the profit and loss account. |
| A L DALTON LIMITED (REGISTERED NUMBER: 00148767) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| per clients tb 30/09/16 07:51 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2015 |
| and 31 December 2015 |
| AMORTISATION |
| At 1 January 2015 |
| Amortisation for year |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Long | Plant and | and |
| leasehold | machinery | fittings |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2015 |
| Additions |
| Revaluations |
| At 31 December 2015 |
| DEPRECIATION |
| At 1 January 2015 |
| Charge for year |
| Eliminated on disposal |
| Revaluation adjustments | ( |
) |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| A L DALTON LIMITED (REGISTERED NUMBER: 00148767) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| 3. | TANGIBLE FIXED ASSETS - continued |
| per clients tb 30/09/16 07:51 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2015 |
| Additions |
| Disposals | ( |
) | ( |
) |
| Revaluations |
| At 31 December 2015 |
| DEPRECIATION |
| At 1 January 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| Revaluation adjustments | ( |
) |
| At 31 December 2015 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2015 |
| and 31 December 2015 | 20,000 |
| NET BOOK VALUE |
| At 31 December 2015 |
| At 31 December 2014 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Associated company |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 22.22 |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Aggregate capital and reserves | 554,467 | 465,431 |
| Profit for the year | 116,036 | 119,912 |
| A L DALTON LIMITED (REGISTERED NUMBER: 00148767) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2015 |
| per clients tb 30/09/16 07:51 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.15 | 31.12.14 |
| value: | £ | £ |
| Ordinary | £1 |
| 7. | ULTIMATE PARENT COMPANY |
| The holding company is A L Dalton Holdings Limited which is incorporated in England and owns 100% of the |
| 1,502 shares issued. No one shareholder has control of the holding company. |