ALIPH LIMITED

ALIPH LIMITED

ALIPH LIMITED - Company Information

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ALIPH LIMITED

Company Registration Number:
05722925 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 January 2016

End date: 31 December 2016

ALIPH LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2016

Balance sheet
Notes

ALIPH LIMITED

Balance sheet

As at 31 December 2016


Notes
2016
2015


£
£
Fixed assets
Tangible assets: 3 3,465 44,672
Total fixed assets: 3,465 44,672
Current assets
Debtors:   1,685,678 3,156,523
Cash at bank and in hand: 29,941 25,179
Total current assets: 1,715,619 3,181,702
Creditors: amounts falling due within one year:   (295,604) (1,945,848)
Net current assets (liabilities): 1,420,015 1,235,854
Total assets less current liabilities: 1,423,480 1,280,526
Provision for liabilities: (12,240) (8,934)
Total net assets (liabilities): 1,411,240 1,271,592
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,411,140 1,271,492
Shareholders funds: 1,411,240 1,271,592

The notes form part of these financial statements

ALIPH LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 08 January 2018
and signed on behalf of the board by:

Name: Hosain Rahman
Status: Director

The notes form part of these financial statements

ALIPH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for services rendered under the company's cost plus arrangement, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows: Fittings fixtures and equipment - 20% straight line If there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

Basis of preparation-The financial statements have been prepared on the historical cost basis.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 FRS102 has affected the reported financial position and financial performance is given below.Taxation-The taxation expense represents the aggregate amount of current and deferred tax recognised in thereporting period. Tax is recognised in the statement of comprehensive income, except to the extent thatit relates to items recognised in other comprehensive income or directly in capital and reserves. In thiscase, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.Provisions-Provisions are recognised when the entity has an obligation at the reporting date as a result of a pastevent; it is probable that the entity will be required to transfer economic benefits in settlement and theamount of the obligation can be estimated reliably. Provisions are recognised as a liability in thestatement of financial position and the amount of the provision as an expense.

ALIPH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Employees

2016 2015
Average number of employees during the period 14 24

No directors were paid by Aliph Ltd

ALIPH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016


3. Tangible Assets

Total
Cost £
At 01 January 2016 242,906
Disposals (126,994)
At 31 December 2016 115,912
Depreciation
At 01 January 2016 198,234
Charge for year 19,653
On disposals (105,440)
At 31 December 2016 112,447
Net book value
At 31 December 2016 3,465
At 31 December 2015 44,672

ALIPH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

4. Changes in presentation and prior period adjustments

Transition to FRS 102These are the first financial statements that comply with FRS 102. The company transitioned to FRS102 on 1 January 2015.Reconciliation of equityNo transitional adjustments were required