Alfa ACL Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09815142 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2017

for

Alfa ACL Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T S Mohamedali

S S I Mohamedali

REGISTERED OFFICE:

Unit 1A, Bridge Business Park

Bridge Park Road

Thurmaston

Leicester

Leicestershire

LE4 8BL

REGISTERED NUMBER:

09815142 (England and Wales)

ACCOUNTANTS:

Xitax Limited

Pera Business Park

Nottingham Road

Melton Mowbray

Leicestershire

LE13 0PB

FIXED ASSETS

Investments

3

800

CURRENT ASSETS

Debtors

4

134,270

1,091,006

Cash in hand

200

134,470

1,091,206

CREDITORS

Amounts falling due within one year

124,778

857,457

NET CURRENT ASSETS

9,692

233,749

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,492

234,549

CREDITORS

Amounts falling due after more than
one year

5

10,292

234,349

NET ASSETS

200

CAPITAL AND RESERVES

Called up share capital

200

SHAREHOLDERS' FUNDS

200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 November 2017 and were
signed on its behalf by:

T S Mohamedali - Director

1.	STATUTORY INFORMATION

Alfa ACL Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements present information about the company as an individual

undertaking and not about its group.The company and its subsidiary undertaking comprise

a small-sized group. The company has therefore taken advantage of the exemptions

provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting

Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of

Ireland', not to disclose related party transactions with wholly owned subsidiaries within the

group.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

3.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 November 2016

and 31 October 2017

800

NET BOOK VALUE

At 31 October 2017

800

At 31 October 2016

800

The company's investments at the Balance Sheet date in the share capital of companies

include the following:

Alfa Chemists Limited

Registered office: England

Nature of business: Pharmacy outlet

%

Class of shares:

holding

Ordinary

100.00

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.10.17

31.10.16

£

Amounts owed by group undertakings

10,292

234,349

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
FIVE YEARS

31.10.17

31.10.16

£

Repayable by instalments

Bank loans more 5 yr by instal

-

111,949

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.17

31.10.16

£

Bank loans

135,070

1,091,806

The bank loan is secured by a debenture over all of the assets and undertakings of Alfa

Chemists Limited, a subsidiary of the company.

7.

RESERVES

Retained

earnings

£

Profit for the year

39,167

Dividends

(39,167

)

At 31 October 2017

-

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors with no ultimate controlling party.

Alfa ACL Limited - Accounts to registrar (filleted) - small 17.3

Alfa ACL Limited - Accounts to registrar (filleted) - small 17.3