Abbreviated Company Accounts - ALAV BROTHERS LIMITED

ALAV BROTHERS LIMITED - Company Information

08195897 ALAV BROTHERS LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 08195897 2015-09-01 2016-08-31 08195897 2016-08-31 08195897 2015-08-31 08195897 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 08195897 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 08195897

ALAV BROTHERS LIMITED

Abbreviated Accounts

31 August 2016

ALAV BROTHERS LIMITED Registered Number 08195897

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	176,000	187,000
Tangible assets	3	16,315	19,194
		192,315	206,194
Current assets
Stocks		2,125	4,500
Debtors		2,652	2,652
Cash at bank and in hand		4,901	19,739
		9,678	26,891
Creditors: amounts falling due within one year		(236,768)	(247,355)
Net current assets (liabilities)		(227,090)	(220,464)
Total assets less current liabilities		(34,775)	(14,270)
Total net assets (liabilities)		(34,775)	(14,270)
Capital and reserves
Called up share capital	4	120	120
Profit and loss account		(34,895)	(14,390)
Shareholders' funds		(34,775)	(14,270)

For the year ending 31 August 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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 May 2017

And signed on their behalf by:
Mr Mahmut Alav, Director

ALAV BROTHERS LIMITED Registered Number 08195897

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 15% reducing balance

Intangible assets amortisation policy
Goodwill
Acquired goodwill is written off in equal annual installments over its estimated useful economic life of
20 years.

Valuation information and policy
Stock
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 September 2015	220,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	220,000
Amortisation
At 1 September 2015	33,000
Charge for the year	11,000
On disposals	-
At 31 August 2016	44,000
Net book values
At 31 August 2016	176,000
At 31 August 2015	187,000

3Tangible fixed assets

	£
Cost
At 1 September 2015	31,254
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	31,254
Depreciation
At 1 September 2015	12,060
Charge for the year	2,879
On disposals	-
At 31 August 2016	14,939
Net book values
At 31 August 2016	16,315
At 31 August 2015	19,194

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
120 Ordinary shares of £1 each	120	120