Altius VA Limited - Abbreviated accounts 16.1

Altius VA Limited - Abbreviated accounts 16.1

FORTIUS VA LIMITED - Company Information

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REGISTERED NUMBER: 06375468 (England and Wales)














ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

FOR

ALTIUS VA LIMITED

ALTIUS VA LIMITED (REGISTERED NUMBER: 06375468)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 FEBRUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

ALTIUS VA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2016







DIRECTORS: G D Plant
C Smith
N T Chamen
L E Simmons
M Mclean





SECRETARY:





REGISTERED OFFICE: Altius House, Wyvern Court
Stanier Way
Wyvern Business Park
Derby
Derbyshire
DE21 6BF





REGISTERED NUMBER: 06375468 (England and Wales)





ACCOUNTANTS: Wynniatt-Husey Ltd
Chartered Accountants
The Old Coach House
Horsefair
Rugeley
Staffordshire
WS15 2EL
Page 1
ALTIUS VA LIMITED (REGISTERED NUMBER: 06375468)

ABBREVIATED BALANCE SHEET
29 FEBRUARY 2016

28.2.15 29.2.16
£    £    Notes £    £   
FIXED ASSETS
- Intangible assets 2 -
60,797 Tangible assets 3 57,236
60,797 57,236

CURRENT ASSETS
14,912 Debtors 27,576
144,057 Cash at bank and in hand 299,650
158,969 327,226
CREDITORS
44,092 Amounts falling due within one year 104,463
114,877 NET CURRENT ASSETS 222,763
175,674 TOTAL ASSETS LESS CURRENT
LIABILITIES
279,999

CREDITORS
162,223 Amounts falling due after more than one
year
219,723
13,451 NET ASSETS 60,276

CAPITAL AND RESERVES
998 Called up share capital 4 998
12,453 Profit and loss account 59,278
13,451 SHAREHOLDERS' FUNDS 60,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 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 notes form part of these abbreviated accounts

Page 2 continued...
ALTIUS VA LIMITED (REGISTERED NUMBER: 06375468)

ABBREVIATED BALANCE SHEET - continued
29 FEBRUARY 2016


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 24 October 2016 and were signed on its behalf by:





G D Plant - Director


The notes form part of these abbreviated accounts

Page 3
ALTIUS VA LIMITED (REGISTERED NUMBER: 06375468)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 FEBRUARY 2016

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 January 2015).

Turnover
Turnover represents net invoiced sales of goods, 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.

Improvements to property - 10% on cost
Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015
and 29 February 2016 126,113
AMORTISATION
At 1 March 2015
and 29 February 2016 126,113
NET BOOK VALUE

At 29 February 2016 -
At 28 February 2015 -

Page 4 continued...
ALTIUS VA LIMITED (REGISTERED NUMBER: 06375468)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015 157,294
Additions 9,582
At 29 February 2016 166,876
DEPRECIATION
At 1 March 2015 96,497
Charge for year 13,143
At 29 February 2016 109,640
NET BOOK VALUE
At 29 February 2016 57,236
At 28 February 2015 60,797

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.16 28.2.15
value: £    £   
1,000 Ordinary £1 998 998

Page 5