Alltrade Aerial & Satellite Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 03100320 (England and Wales)

Financial Statements for the Year Ended 31 October 2017

for

Alltrade Aerial & Satellite Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J Simper

W J Simper

R Poole

J Hall

SECRETARY:

S J Simper

REGISTERED OFFICE:

Unit 4

Sussex House Business Park

247 Old Shoreham Road

Hove

East Sussex

BN3 7EU

REGISTERED NUMBER:

03100320 (England and Wales)

ACCOUNTANTS:

Bristow Still

Chartered Accountants

39 Sackville Road

Hove

East Sussex

BN3 3WD

Fixed assets

Tangible assets

4

2,026,760

Investments

5

1

2,026,761

Current assets

Stocks

991,994

Debtors

6

1,193,423

Cash at bank and in hand

640,254

2,825,671

Creditors

Amounts falling due within one year

7

1,523,511

Net current assets

1,302,160

Total assets less current liabilities

3,328,921

Capital and reserves

Called up share capital

10,000

Retained earnings

3,318,921

Shareholders' funds

3,328,921

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.

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 23 November 2017 and were signed on its behalf by:

S J Simper - Director

1.	STATUTORY INFORMATION

Alltrade Aerial & Satellite 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 November 2016

2,047,122

221,579

345,320

2,614,021

Additions

-

38,316

58,713

97,029

Disposals

-

-

(52,837

)

(52,837

)

At 31 October 2017

2,047,122

259,895

351,196

2,658,213

DEPRECIATION

At 1 November 2016

254,852

160,588

170,919

586,359

Charge for year

21,791

15,269

43,600

80,660

Eliminated on disposal

-

-

(35,566

)

(35,566

)

At 31 October 2017

276,643

175,857

178,953

631,453

NET BOOK VALUE

At 31 October 2017

1,770,479

84,038

172,243

2,026,760

At 31 October 2016

1,792,270

60,991

174,401

2,027,662

Included in cost of land and buildings is freehold land of £ 992,768 which is not depreciated.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2016

and 31 October 2017

1

NET BOOK VALUE

At 31 October 2017

1

At 31 October 2016

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,162,414

Other debtors

31,009

1,193,423

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

36,017

Trade creditors

1,203,482

Taxation and social security

190,224

Other creditors

93,788

1,523,511

8.	ULTIMATE CONTROLLING PARTY

The Company is owned 100% by S J Simper.