Young Alexander Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04924323 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Young Alexander Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J S Taylor

K L Walwin

SECRETARY:

Durrants Nominees Limited

REGISTERED OFFICE:

11 Amwell Street

London

EC1R 1UL

REGISTERED NUMBER:

04924323 (England and Wales)

ACCOUNTANTS:

Douglas Wadkin

11 Amwell Street

London

EC1R 1UL

CURRENT ASSETS

Stocks

-

10,000

Debtors

2

2

2

10,002

CREDITORS

Amounts falling due within one year

111,919

111,919

NET CURRENT LIABILITIES

(111,917

)

(101,917

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(111,917

)

(101,917

)

CREDITORS

Amounts falling due after more than one year

209,293

209,293

NET LIABILITIES

(321,210

)

(311,210

)

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

(321,212

)

(311,212

)

SHAREHOLDERS' FUNDS

(321,210

)

(311,210

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 14 March 2017 and were signed on its behalf by:

K L Walwin - 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).

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Going concern

The company is reliant for current and future funding on related undertakings which may not be in a position to

provide future funds. The financial statements have been prepared on a going concern basis. However, should

funds not be available the going concern basis would be invalid and further adjustments may have to be made

accordingly.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

2

Ordinary

£1

2

2