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ALBION MANAGEMENT SOLUTIONS LIMITED - Company Information

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Draft

Albion Management Solutions Limited

Registered Number:04388275

For the year ended 31 March 2017

England and Wales

Unaudited Financial Statements

Draft

As at 31 March 2017

Albion Management Solutions Limited

Statement of Financial Position

Registered Number :

04388275

2016

2017

Notes

Fixed assets

Property, plant and equipment

3,199

4,699

3,199

4,699

Current assets

Trade and other receivables

31,935

Cash and cash equivalents

31,936

Trade and other payables: amounts falling due within one

year

(42,848)

(10,912)

Net current liabilities

Total assets less current liabilities

(7,713)

(6,213)

(7,713)

Net liabilities

(6,213)

Capital and reserves

Called up share capital

Retained earnings

(7,715)

(6,215)

(7,713)

(6,213)

Shareholders' funds

For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

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

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.

Mr Michael Jones Director

These financial statements were approved and authorised for issue by the Board on 15 December 2017 and were signed by:

The notes form part of these financial statements

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Draft

For the year ended 31 March 2017

Albion Management Solutions Limited

Notes to the Financial Statements

Statutory Information

Albion Management Solutions Limited is a private limited company, limited by shares, domiciled in England and

Wales, registration number 04388275.

Registered address:

139 Durley Dean Road

Selley Oak

Birmingham

B29 6RY

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the

revaluation of certain assets.

Revenue recognition

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

Property, plant and equipment

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:

25% Reducing balance

Fixtures and fittings

2. Property, plant and equipment

Fixtures and

fittings

Cost or

valuation

At 01 April 2016

8,592

At 31 March 2017

8,592

Provision for depreciation and impairment

At 01 April 2016

3,893

Charge for year

1,500

At 31 March 2017

5,393

At 31 March 2017

Net book value

3,199

At 31 March 2016

4,699

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Draft

For the year ended 31 March 2017

Albion Management Solutions Limited

Notes to the Financial Statements Continued

3. Trade and other receivables

2016

2017

Other debtors

31,935

4. Trade and other payables: amounts falling due within one year

2016

2017

Bank loans and overdraft

6,918

Trade creditors

1,313

Taxation and social security

4,835

Other creditors

29,782

42,848

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