Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED - Company Information

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ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Company Registration Number:
05392100 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 1 1
Total fixed assets: 1 1
Current assets
Debtors: 3 144,292 165,414
Cash at bank and in hand: 26,497 1,029
Total current assets: 170,789 166,443
Creditors: amounts falling due within one year: 4 ( 298,333 ) ( 304,530 )
Net current assets (liabilities): ( 127,544 ) ( 138,087 )
Total assets less current liabilities: ( 127,543 ) ( 138,086 )
Total net assets (liabilities): ( 127,543 ) ( 138,086 )

The notes form part of these financial statements

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 5 4 4
Profit and loss account: ( 127,547 ) ( 138,090 )
Shareholders funds: ( 127,543 ) ( 138,086 )

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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 19 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: K H Fearis
Status: Director

The notes form part of these financial statements

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    Accounting convention
    The financial statements have been prepared under the going concern basis and in accordance with the
    Financial Reporting Standard for Smaller Entities (effective April 2008).

    Turnover policy

    Turnover
    Turnover represents fees receivable in respect of computer consultancy services and the sale of software and is accounted for on an invoiced basis.

    Tangible fixed assets depreciation policy

    Tangible fixed assets and depreciation
    Tangible fixed assets are stated at cost less accumulated depreciation calculated to write down the cost
    of the assets to their anticipated residual value over the period of their expected economic lives.

    The rates of depreciation used are as follows:
    Computer equipment 20% Straight line

    Other accounting policies

    Going Concern
    The Director considers that the Company's beneficial owners will continue to provide financial support
    for the foreseeable future. For this reason he continues to adopt the going concern basis in preparing
    the financial statements.

    Cash flow statement
    As stated in the Director's Report, the Company qualifies as a small company and therefore the
    exemption provisions apply with Financial Reporting Standard No.1.

    Stock and work in progress
    Stock and work in progress is valued at the lower of cost and net realisable value.

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 551
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 551
    Depreciation
    01 April 2015: 550
    Charge for year: 0
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 550
    Net book value
    31 March 2016: 1
    31 March 2015: 1

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Debtors


    2016
    £
    2015
    £
    Trade debtors: 140,468 161,590
    Prepayments and accrued income: 240 240
    Other debtors: 3,584 3,584
    Total: 144,292 165,414

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Trade creditors: 79,413 63,631
    Other creditors: 218,920 240,899
    Total: 298,333 304,530

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 4 1.00 4
    Preference shares: 0
    Total share capital (£): 4
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 4 1.00 4
    Preference shares: 0
    Total share capital (£): 4

ALTERNATIVE SOLUTIONS INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 6. Related party disclosures

    Name of the ultimate controlling party during the period: K H Fearis
    Name of related party: Advanced TechnologyCons Ltd
    Relationship: Parent Company
    Description of the transaction Loan account payable
    Balance at 01 April 2015 230,771
    Balance at 31 March 2016 218,958

    Additional information

    The Director is a shareholder of Advanced Technology Consultancy Limited "ATCL" which owns a 75% interest in the Company.

    During the year Advanced Technology Consultancy Limited advanced loans of £30,440 to Alternative Solutions International Limited.

    Also during the year the company invoiced ATCL £42,252.76 in respect of consultancy services provided by the company to ATCL.

    At the year end date £218,958 (2015 £230,771) was owed by the company to Advanced Technology Consultancy Limited in respect of funds and consultancy services received.
    The loan is unsecured, interest free and whilst repayable on demand, will not be repaid until all other liabilities of the company have been settled.

    Alternative Solutions Limited owns 25% of the issued share capital of the company.