Alliance Group Solutions Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08672883 (England and Wales)

ALLIANCE GROUP SOLUTIONS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

2ND SEPTEMBER 2013 TO 31ST MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

7

DIRECTORS:

A C Wood

J Gregory

C J Holder

D P Smith

J B Mattinson

REGISTERED OFFICE:

i2 Mansfield, Office Suite 0.3

Hamilton Court

Oakham Business Park

Mansfield

Nottinghamshire

NG18 5FB

REGISTERED NUMBER:

08672883 (England and Wales)

ACCOUNTANTS:

McGregors Corporate

Chartered Accountants

i2 Mansfield Suite 0.3

Hamilton Court

Oakham Business Park

Mansfield

Nottinghamshire

NG18 5FB

FIXED ASSETS

Tangible assets

2

13,452

Investments

3

183

13,635

CURRENT ASSETS

Stocks

12,407

Debtors

891,904

Cash at bank

32,881

937,192

CREDITORS

Amounts falling due within one year

536,962

NET CURRENT ASSETS

400,230

TOTAL ASSETS LESS CURRENT LIABILITIES

413,865

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

413,862

SHAREHOLDERS' FUNDS

413,865

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2014 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 10th July 2014 and were signed on its behalf by:

D P Smith - Director

C J Holder - 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 April 2008).

Preparation of consolidated financial statements

The financial statements contain information about Alliance Group Solutions Ltd as an

individual company and do not contain consolidated financial information as the parent of a

group. The company has taken the option under Section 398 of the Companies Act 2006 not

to prepare consolidated financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company,

exclusive of Value Added Tax and trade discounts and adjusted for movements in long-term

contracts. It is the company's policy to recognise profits and turnover on all contracts as

contract activity progresses.

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 reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Hire purchase and leasing commitments

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

line basis over the period of the lease.

Long-term contracts

Profit on long-term contracts is taken as the work is carried out if the final outcome can be

assessed with reasonable certainty. The profit included is calculated on a prudent basis to

reflect the proportion of work carried out at the year end, by recording turnover and related

cost as contract activity progresses. Turnover is calculated as that proportion of total

contract value which costs incurred to date bear to total expected costs for that contract.

Revenues derived from variations on contracts are recognised only when they have been

accepted by the customer. Full provision is made for losses on all contracts in the year in

which they are first foreseen.

Fixed asset investments

Investments held as fixed assets are stated at cost less any provisions for impairment.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

23,484

Disposals

(8,009

)

At 31st March 2014

15,475

DEPRECIATION

Charge for period

2,023

At 31st March 2014

2,023

NET BOOK VALUE

At 31st March 2014

13,452

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

183

At 31st March 2014

183

NET BOOK VALUE

At 31st March 2014

183

The company's investments at the balance sheet date in the share capital of companies

include the following:

Alliance Flood Solutions Limited

Country of incorporation: England and Wales

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2014

£

Aggregate capital and reserves

3

Alliance Contracting Solutions Limited

Country of incorporation: England and Wales

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

90.00

2014

£

Aggregate capital and reserves

100

Alliance Consulting Solutions Limited

Country of incorporation: England and Wales

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

90.00

2014

£

Aggregate capital and reserves

100

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

3

Ordinary

1

3

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended

31st March 2014:

£

J Gregory

Balance outstanding at start of period

-

Amounts advanced

5,436

Amounts repaid

(1,970

)

Balance outstanding at end of period

3,466

A C Wood

Balance outstanding at start of period

-

Amounts advanced

8,476

Amounts repaid

(1,576

)

Balance outstanding at end of period

6,900