ALTER LONDON LTD - Accounts

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Registered Number : 07364677

ALTER LONDON LTD

Abbreviated Accounts

Period of accounts

Start date: 01 October 2015

End date: 01 October 2016

ALTER LONDON LTD
Contents Page
For the period ended 01 October 2016

Balance Sheet
Notes to the Financial Statement

ALTER LONDON LTD
Balance Sheet
As at 01 October 2016

	Notes	2016 £	2015 £
Fixed assets
Tangible fixed assets	2	329,333	113,369
		329,333	113,369
Current assets
Stocks		408,200	16,587
Debtors		443,640	202,362
Cash at bank and in hand		128,446	162,989
		980,286	381,938
Creditors: amount falling due within one year		(957,902)	(353,263)
Net current assets		22,384	28,675
Total assets less current liabilities		351,717	142,044
Creditors: amount falling due after more than one year		(349,213)	(66,894)
Net assets		2,504	75,150
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		2,404	75,050
Shareholders funds		2,504	75,150

For the period ended 01 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

Signed on behalf of the board of directors

--------------------------------
Mr. Carsten Duvander Lund JORGENSEN
Director

Date approved by the board: 09 September 2017

ALTER LONDON LTD
Notes to the Abbreviated Financial Statements
For the period ended 01 October 2016

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

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 - 25% Reducing balance

Plant Machinery- 25% Reducing balance

Office Equipment - 4 Years Straight line

Motor Vehicles - 25% Reducing balance

Computer Equipment	25 Straight Line
Fixtures and Fittings	25 Reducing Balance
Motor Vehicles	25 Reducing Balance
Plant and Machinery	25 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Tangible fixed assets

Cost or Valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 October 2015	19,947	74,841	29,875	15,093	139,756
Additions	80,553	27,437	176,381	42,859	327,230
Disposals	-	-	-	-	-
At 01 October 2016	100,500	102,278	206,256	57,952	466,986
Depreciation
At 01 October 2015	5,692	7,058	9,171	4,466	26,387
Charge for period	23,702	23,805	49,271	14,488	111,266
On disposals	-	-	-	-	-
At 01 October 2016	29,394	30,863	58,442	18,954	137,653
Net book values
At 01 October 2016	71,106	71,415	147,814	38,998	329,333
At 30 September 2015	14,255	67,783	20,704	10,627	113,369

Share Capital

Authorised
100 Ord shares of £1.00 each

Allotted	2016 £		2015 £
100 Ord shares of £1.00 each	100		100
	100		100

4.	Control The Ultimate controlling power held by Mr. Carsten Duvander Lund JORGENSEN and Mr. KOHI, They are equal share holders and directors of the Company.