Micro-entity Accounts - ALPHASTORM LIMITED

ALPHASTORM LIMITED - Company Information

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Registered Number 07941694

ALPHASTORM LIMITED

Micro-entity Accounts

31 March 2016

ALPHASTORM LIMITED Registered Number 07941694

Micro-entity Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed Assets		10,322	10,237
Current Assets		104,295	211,530
Creditors: amounts falling due within one year		(5,816)	(3,231)
Net current assets (liabilities)		98,479	208,299
Total assets less current liabilities		108,801	218,536
Creditors: amounts falling due after more than one year		(1,932)	(1,932)
Accruals and deferred income		(1,500)	(1,500)
Total net assets (liabilities)		105,369	215,104
Capital and reserves
Called up share capital	1	384	384
Share premium account		334,936	334,936
Profit and loss account		(229,951)	(120,216)
Shareholders' funds		105,369	215,104

For the year ending 31 March 2016 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 1 December 2016

And signed on their behalf by:
Colin Dick, Director
Lee Sheldon, Director

ALPHASTORM LIMITED Registered Number 07941694

Notes to the Micro-entity Accounts for the period ended 31 March 2016

1Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
31,968 A Ordinary shares of £0.01 each	320	320
6,432 B Ordinary shares of £0.01 each	64	64

2Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
During the period the company traded futures through a brokers account totalling £117,829,217 as part of developing an effective algorithm to predict future trading results. The
gross profit on the brokers account amounted to £16,156. However, after exchange rate differences and associated costs this resulted in a net loss of £47,493 (2015 : £18,621).