The Alternative Company (UK) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05720762 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

THE ALTERNATIVE COMPANY (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P J Mullin

C E Meaney

Mrs C Mullin

I P Allinson

SECRETARY:

C E Meaney

REGISTERED OFFICE:

1st Floor

E W M House

Regent Street

Liverpool

Merseyside

L3 7BN

REGISTERED NUMBER:

05720762 (England and Wales)

ACCOUNTANTS:

Michael Donnan & Co Limited

Office 25

Mill Lane

Ness

Cheshire

CH64 8TP

CURRENT ASSETS

Debtors

2

247,594

319,151

Cash at bank

35,876

79,994

283,470

399,145

CREDITORS

Amounts falling due within one year

40,949

70,818

NET CURRENT ASSETS

242,521

328,327

TOTAL ASSETS LESS CURRENT
LIABILITIES

242,521

328,327

CREDITORS

Amounts falling due after more than
one year

42,301

134,468

NET ASSETS

200,220

193,859

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

200,120

193,759

SHAREHOLDERS' FUNDS

200,220

193,859

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 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 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 31 October 2016 and were
signed on its behalf by:

P J Mullin - Director

C E Meaney - Director

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 the invoiced value of work done, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the

balance sheet. Those held under hire purchase contracts are depreciated over their

estimated useful lives. Those held under finance leases are depreciated over their

estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the

relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

Employer financed retirement benefit scheme

During the year ended 30 April 2012, the Company established an employer financed

retirement benefit scheme for the benefit of its officers, employees and their wider families,

The Alternative Company (UK) Limited 2011 Employer Financed Retirement Benefit Scheme

("The Scheme").

During the year ended 30 April 2014, the Company established an employer financed

retirement benefit scheme for the benefit of its officers, employees and their wider families,

The Alternative Company (UK) Limited 2013 Employer Financed Retirement Benefit Scheme

("The Scheme").

In accordance with UITF abstract 32 "Employee Benefit Trusts and other intermediate

payment arrangements" the Company does not include the assets and liabilities of The

Schemes on its balance sheet to the extent that it considers that it will not retain any

economic benefit from the assets of The Schemes and will not have control of the rights or

other access to those present economic benefits.

2.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 167,170

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/16

30/4/15

value:

£

100

Ordinary

£1

100