Almeda (Holdings) Limited - Period Ending 2016-05-31

Registration number: 08848914

Almeda (Holdings) Limited

Unaudited abbreviated accounts

for the period from 1 February 2015 to 31 May 2016
 
 

Almeda (Holdings) Limited
Contents

Abbreviated balance sheet 1 to 2

Notes to the abbreviated accounts 3 to 4

Almeda (Holdings) Limited
(Registration number: 08848914)
Abbreviated balance sheet at 31 May 2016

		Note			31 May 2016 £			31 January 2015 £
Fixed assets
Investments		2			1,407,000			1,407,000
Current assets
Debtors					90,367			-
Cash at bank and in hand					7,561			41,775
					97,928			41,775
Creditors: amounts falling due within one year		3			(513,918)			(282,042)
Net current liabilities					(415,990)			(240,267)
Total assets less current liabilities					991,010			1,166,733
Creditors: amounts falling due after more than one year		3			(222,500)			(415,833)
Net assets					768,510			750,900
Capital and reserves
Called up share capital		4			100			100
Capital redemption reserve					700,000			700,000
Profit and loss account					68,410			50,800
Shareholders' funds					768,510			750,900

The notes on pages 3 to 4 form an integral part of these abbreviated accounts.
Page 1

Almeda (Holdings) Limited
(Registration number: 08848914)
Abbreviated balance sheet at 31 May 2016
......... continued

For the year ending 31 May 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Approved by the board on 28 February 2017 and signed on its behalf by:

 Mr B G George
 Director

The notes on pages 3 to 4 form an integral part of these abbreviated accounts.
Page 2

Almeda (Holdings) Limited
Notes to the abbreviated accounts for the period from 1 February 2015 to 31 May 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Investments £			Total £
Cost
At 1 February 2015		1,407,000			1,407,000
At 31 May 2016		1,407,000			1,407,000
Depreciation
At 31 May 2016		-			-
Net book value
At 31 May 2016		1,407,000			1,407,000
At 31 January 2015		1,407,000			1,407,000

Page 3

Almeda (Holdings) Limited
Notes to the abbreviated accounts for the period from 1 February 2015 to 31 May 2016
......... continued

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Almeda Facilities Limited	UK	Ordinary	100%	property facilities management

3

Creditors

Creditors includes the following liabilities, on which security has been given by the company:

		31 May 2016 £			31 January 2015 £
Amounts falling due within one year		170,000			70,000
Amounts falling due after more than one year		222,500			415,833
Total secured creditors		392,500			485,833

4	Share capital

Allotted, called up and fully paid shares

	31 May 2016						31 January 2015
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 4