Abbreviated Company Accounts - ALPHAMET ALUMINIUM LIMITED

ALPHAMET ALUMINIUM LIMITED - Company Information

06667874 ALPHAMET ALUMINIUM LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 06667874 2015-10-01 2016-09-30 06667874 2016-09-30 06667874 2015-09-30 06667874 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 06667874 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 06667874

ALPHAMET ALUMINIUM LIMITED

Abbreviated Accounts

30 September 2016

ALPHAMET ALUMINIUM LIMITED Registered Number 06667874

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	25,515	34,020
		25,515	34,020
Current assets
Stocks		25,460	22,460
Debtors		215,124	186,647
Cash at bank and in hand		-	8,646
		240,584	217,753
Creditors: amounts falling due within one year		(158,472)	(149,731)
Net current assets (liabilities)		82,112	68,022
Total assets less current liabilities		107,627	102,042
Creditors: amounts falling due after more than one year		(27,863)	(33,616)
Provisions for liabilities		(6,550)	(6,550)
Total net assets (liabilities)		73,214	61,876
Capital and reserves
Called up share capital	3	10,000	10,000
Profit and loss account		63,214	51,876
Shareholders' funds		73,214	61,876

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 5 June 2017

And signed on their behalf by:
Mr D L Smith, Director
Mr I P Kay, Director

ALPHAMET ALUMINIUM LIMITED Registered Number 06667874

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Leasing and hire purchase commitments
"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term."

Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 October 2015	86,634
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	86,634
Depreciation
At 1 October 2015	52,614
Charge for the year	8,505
On disposals	-
At 30 September 2016	61,119
Net book values
At 30 September 2016	25,515
At 30 September 2015	34,020

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

	2016 £	2015 £
10,000 Ordinary shares of £1 each	10,000	10,000