Allusa Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06211664 (England and Wales)

ALLUSA LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs L C B Michael

SECRETARY:

Mrs M S Prateley

REGISTERED OFFICE:

193 Lichfield Road

Four Oaks

Sutton Coldfield

West Midlands

B74 2XA

REGISTERED NUMBER:

06211664 (England and Wales)

FIXED ASSETS

Tangible assets

2

758

136

CURRENT ASSETS

Stocks

1,400

1,311

Debtors

-

120

Cash at bank

3,237

3,204

4,637

4,635

CREDITORS

Amounts falling due within one year

15,391

11,339

NET CURRENT LIABILITIES

(10,754

)

(6,704

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,996

)

(6,568

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(9,998

)

(6,570

)

SHAREHOLDERS' FUNDS

(9,996

)

(6,568

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 director on 14 January 2017 and were signed by:

Mrs L C B Michael - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company is insolvent and is reliant on the support of its director. Assurances have been received that such

support will continue to be give and, on that basis, these accounts have been prepared on the going concern

basis.

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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

841

Additions

985

At 30 April 2016

1,826

DEPRECIATION

At 1 May 2015

705

Charge for year

363

At 30 April 2016

1,068

NET BOOK VALUE

At 30 April 2016

758

At 30 April 2015

136

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

2

Ordinary

£1

2