Alternative Barbering Limited - Abbreviated accounts 16.1

Alternative Barbering Limited - Abbreviated accounts 16.1

ALTERNATIVE BARBERING LIMITED - Company Information

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REGISTERED NUMBER: 07933334 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 28th February 2016

for

Alternative Barbering Limited

Alternative Barbering Limited (Registered number: 07933334)






Contents of the Abbreviated Accounts
for the year ended 28th February 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Alternative Barbering Limited

Company Information
for the year ended 28th February 2016







DIRECTORS: S S Campagna
Mrs M L Campagna
D Martino





SECRETARY:





REGISTERED OFFICE: 2nd Floor Dagnall House
Lower Dagnall Street
St Albans
Hertfordshire
AL3 4PA





REGISTERED NUMBER: 07933334 (England and Wales)





ACCOUNTANTS: Wilton Mutlow & Co Limited
Accountants and Tax Advisors
2nd Floor Dagnall House
Lower Dagnall Street
St Albans
Hertfordshire
AL3 4PA
Page 1
Alternative Barbering Limited (Registered number: 07933334)

Abbreviated Balance Sheet
28th February 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 32,530 37,368
32,530 37,368

CURRENT ASSETS
Stocks 12,549 3,745
Debtors 10,896 10,812
Cash at bank and in hand 40,791 33,336
64,236 47,893
CREDITORS
Amounts falling due within one year 85,076 69,672
NET CURRENT LIABILITIES (20,840 ) (21,779 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
11,690
15,589

PROVISIONS FOR LIABILITIES 6,506 7,474
NET ASSETS 5,184 8,115

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 5,084 8,015
SHAREHOLDERS' FUNDS 5,184 8,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th 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...
Alternative Barbering Limited (Registered number: 07933334)

Abbreviated Balance Sheet - continued
28th 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 6th June 2016 and were signed on its behalf by:





D Martino - Director


The notes form part of these abbreviated accounts

Page 3
Alternative Barbering Limited (Registered number: 07933334)

Notes to the Abbreviated Accounts
for the year ended 28th 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.

Land and buildings - in accordance with the property
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks 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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st March 2015
and 28th February 2016 9,300
AMORTISATION
At 1st March 2015
and 28th February 2016 9,300
NET BOOK VALUE

At 28th February 2016 -
At 28th February 2015 -

Page 4 continued...
Alternative Barbering Limited (Registered number: 07933334)

Notes to the Abbreviated Accounts - continued
for the year ended 28th February 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st March 2015 47,144
Additions 2,995
At 28th February 2016 50,139
DEPRECIATION
At 1st March 2015 9,776
Charge for year 7,833
At 28th February 2016 17,609
NET BOOK VALUE
At 28th February 2016 32,530
At 28th February 2015 37,368

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

5. RELATED PARTY DISCLOSURES

During the year, total dividends of £50,500 were paid to the directors .

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S S Campagna.


Page 5