Altyne Limited - Abbreviated accounts 16.3
Altyne Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 November 2016 |
| for |
| Altyne Limited |
| Altyne Limited (Registered number: 03121466) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 November 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Altyne Limited |
| Company Information |
| for the Year Ended 30 November 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Altyne Limited (Registered number: 03121466) |
| Abbreviated Balance Sheet |
| 30 November 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
3 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on signed on its behalf by: |
| Altyne Limited (Registered number: 03121466) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 November 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as |
| modified by the revaluation of certain assets and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective January 2015). |
| Investment properties |
| Investment properties are valued annually on an open market basis by the directors |
| and periodically by professional valuers. Surpluses and deficits are credited and |
| debited to the revaluation reserve. In accordance with the Financial Reporting |
| Standard for Smaller Entities (effective January 2015), no depreciation is provided |
| on these assets. Although the Companies Act requires all fixed assets to be |
| depreciated, the directors consider compliance with the FRSSE is necessary for the |
| accounts to show a true and fair view. The depreciation which might otherwise have |
| been charged can not reasonably be separately identified for quantified. |
| Going concern |
| The financial statements have been prepared on a going concern basis. Although the |
| current liabilities of the company exceed the current assets by £149,248 (2015: |
| £54,851) the directors consider that there is sufficient cash flow to cover the |
| debts as they fall due. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 1 December 2015 |
| and 30 November 2016 |
| NET BOOK VALUE |
| At 30 November 2016 |
| At 30 November 2015 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| given. |
| They also include the following debts falling due in more than five years: |
| 2016 | 2015 |
| £ | £ |
| Repayable by instalments | - | 17,262 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary Shares | £1 |