Abbreviated Company Accounts - ALMI GROUP (UK) LTD

ALMI GROUP (UK) LTD - Company Information

03433355 ALMI GROUP (UK) LTD 2016-09-30 false 2015-10-01 2016-09-30 true 03433355 2015-10-01 2016-09-30 03433355 2016-09-30 03433355 2015-09-30 03433355 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 03433355 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 03433355

ALMI GROUP (UK) LTD

Abbreviated Accounts

30 September 2016

ALMI GROUP (UK) LTD Registered Number 03433355

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	10,347	12,896
		10,347	12,896
Current assets
Stocks		25,000	30,000
Debtors		169,650	180,454
Cash at bank and in hand		3,997	43,573
		198,647	254,027
Creditors: amounts falling due within one year		(226,642)	(260,473)
Net current assets (liabilities)		(27,995)	(6,446)
Total assets less current liabilities		(17,648)	6,450
Total net assets (liabilities)		(17,648)	6,450
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(17,650)	6,448
Shareholders' funds		(17,648)	6,450

For the year ending 30 September 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 27 April 2017

And signed on their behalf by:
A Whittle, Director

ALMI GROUP (UK) LTD Registered Number 03433355

Notes to the Abbreviated Accounts for the period ended 30 September 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.

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 equipment 25% Reducing Balance
Motor vehicles 25% Reducing Balance

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

Other accounting policies
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of finance charge allocated to future periods. The finance element of rental payment is charged to the profit and loss account as incurred.

2Tangible fixed assets

	£
Cost
At 1 October 2015	58,516
Additions	900
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	59,416
Depreciation
At 1 October 2015	45,620
Charge for the year	3,449
On disposals	-
At 30 September 2016	49,069
Net book values
At 30 September 2016	10,347
At 30 September 2015	12,896

Included above are assets held under finance leases or hire purchase contract with a total net book value of £4,983(2015 - £6,664) and a total depreciation charge of £1,661(2015 - £2,215)

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2