AlterEgo Creative Solutions Ltd - Abbreviated accounts 16.1

AlterEgo Creative Solutions Ltd - Abbreviated accounts 16.1

ALTEREGO CREATIVE SOLUTIONS LTD - Company Information

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08309105 1.4.15 31.3.16 31.3.16 Company accounts Private Limited Company FY true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083091052015-03-31083091052016-03-31083091052015-04-012016-03-31083091052014-03-31083091052014-04-012015-03-31083091052015-03-3108309105ns12:England2015-04-012016-03-3108309105ns14:PoundSterling2015-04-012016-03-3108309105ns7:Director12015-04-012016-03-3108309105ns5:PlantMachinery2015-04-012016-03-3108309105ns5:MotorVehicles2015-04-012016-03-3108309105ns5:ComputerEquipment2015-04-012016-03-31
REGISTERED NUMBER: 08309105 (England and Wales)













ALTEREGO CREATIVE SOLUTIONS LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016






ALTEREGO CREATIVE SOLUTIONS LTD (REGISTERED NUMBER: 08309105)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 3

ALTEREGO CREATIVE SOLUTIONS LTD (REGISTERED NUMBER: 08309105)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 9,087 9,638

CURRENT ASSETS
Debtors 100,667 121,903
Cash at bank 60,771 38,235
161,438 160,138
CREDITORS
Amounts falling due within one year 146,323 163,432
NET CURRENT ASSETS/(LIABILITIES) 15,115 (3,294 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
24,202
6,344

PROVISIONS FOR LIABILITIES 785 805
NET ASSETS 23,417 5,539

RESERVES
Income and expenditure account 23,417 5,539
23,417 5,539

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 surplus or deficit 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

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ALTEREGO CREATIVE SOLUTIONS LTD (REGISTERED NUMBER: 08309105)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 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 20 December 2016 and were signed on its behalf
by:





Mr S A McGrath - Director


The notes form part of these abbreviated accounts

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ALTEREGO CREATIVE SOLUTIONS LTD (REGISTERED NUMBER: 08309105)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 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
In accordance with the principles of revenue recognition as stated in UITF 40 and Application Note G, turnover
represents the value of work done in the accounting period, including estimates of amounts not yet invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance
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 where transactions or events have occurred at that date that will result in an obligation to pay more, or
a right to pay less or to receive more tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in
which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the income and expenditure account on a straight line basis
over the period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 13,727
Additions 4,316
At 31 March 2016 18,043
DEPRECIATION
At 1 April 2015 4,089
Charge for year 4,867
At 31 March 2016 8,956
NET BOOK VALUE
At 31 March 2016 9,087
At 31 March 2015 9,638

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