Cycle Alert Holdings Limited Company Accounts

CYCLE ALERT HOLDINGS LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 08669052

Cycle Alert Holdings Limited

Filleted Unaudited Financial Statements

31 December 2016

Cycle Alert Holdings Limited

Financial Statements

Year ended 31 December 2016

Contents	Page

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Accounting policies	4

Notes to the financial statements	5

Cycle Alert Holdings Limited

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Cycle Alert Holdings Limited

Year ended 31 December 2016

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 December 2016, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us. BODDINGTON & COMPANY LIMITEDChartered Certified Accountants

3 Churchmeadows Bulford Road Shipton Bellinger Tidworth Hampshire SP9 7RL

Cycle Alert Holdings Limited

Statement of Financial Position

31 December 2016

	2016		2015
Note	£	£	£

Fixed assets

Investments	3		1	1

Current assets

Debtors	4	388,278	398,823
Cash at bank and in hand		2,374	251
		---------	---------
		390,652	399,074

Creditors: amounts falling due within one year	5	17,277		26,412
		---------		---------
Net current assets			373,375	372,662
			---------	---------
Total assets less current liabilities			373,376	372,663

Creditors: amounts falling due after more than one year	6	26,923	17,673
		---------	---------
Net assets		346,453	354,990
		---------	---------

Capital and reserves

Called up share capital	1,281	1,281
Share premium account	499,820	499,821
Profit and loss account	( 154,648)	( 146,112)
	---------	---------
Members funds	346,453	354,990
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Cycle Alert Holdings Limited

Statement of Financial Position (continued)

31 December 2016

These financial statements were approved by the board of directors and authorised for issue on 25 September 2017 , and are signed on behalf of the board by:

Mr P. Le Masurier

Director

Company registration number: 08669052

Cycle Alert Holdings Limited

Accounting Policies

Year ended 31 December 2016

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Transition to FRS 102

The entity transitioned from previous UK GAAP to FRS 102 as at 1 January 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 8.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Cycle Alert Holdings Limited

Notes to the Financial Statements

Year ended 31 December 2016

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sandown Sports Park, More Lane, Esher, Surrey, KT10 8AN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2016 and 31 December 2016	1
	----
Impairment
At 1 January 2016 and 31 December 2016	–
	----

Carrying amount
At 31 December 2016	1
	----

4. Debtors

	2016	2015
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	374,817	376,003
Other debtors	13,461	22,820
	---------	---------
	388,278	398,823
	---------	---------

5. Creditors: amounts falling due within one year

	2016	2015
	£	£
Trade creditors	12,575	20,505
Other creditors	4,702	5,907
	--------	--------
	17,277	26,412
	--------	--------

6. Creditors: amounts falling due after more than one year

	2016	2015
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	26,923	17,673
	--------	--------

7. Related party transactions

The company's controlling party, by virtue of a majority shareholding, is Mr R. Cooper.

8. Transition to FRS 102

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 January 2015.

No transitional adjustments were required in equity or profit or loss for the year.