Alpine Centre of Excellence Ltd - Accounts to registrar (filleted) - small 17.3

Unaudited Financial Statements for the Year Ended 30 June 2017

for

Alpine Centre of Excellence Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Freshwater

SECRETARY:

Mrs A M Freshwater

REGISTERED OFFICE:

28/7 Brandon Terrace

Edinburgh

EH3 5DZ

REGISTERED NUMBER:

SC309447 (Scotland)

ACCOUNTANTS:

D & A Pearston

Chartered Accountants

73 Stirling Business Centre

Wellgreen Place

Stirling

FK8 2DZ

FIXED ASSETS

Tangible assets

3

185

278

CURRENT ASSETS

Debtors

4

-

38

Cash at bank

1

1,275

1

1,313

CREDITORS

Amounts falling due within one year

5

563

1,265

NET CURRENT (LIABILITIES)/ASSETS

(562

)

48

TOTAL ASSETS LESS CURRENT LIABILITIES

(377

)

326

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Retained earnings

7

(1,377

)

(674

)

SHAREHOLDERS' FUNDS

(377

)

326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 27 March 2018 and were signed by:

D Freshwater - Director

1.	STATUTORY INFORMATION

Alpine Centre of Excellence Ltd is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery etc

-

50% on cost and at varying rates on 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.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2016

and 30 June 2017

4,159

DEPRECIATION

At 1 July 2016

3,881

Charge for year

93

At 30 June 2017

3,974

NET BOOK VALUE

At 30 June 2017

185

At 30 June 2016

278

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Trade debtors

-

38

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Trade creditors

(1

)

-

Taxation and social security

12

(186

)

Other creditors

552

1,451

563

1,265

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.17

30.6.16

value:

£

£

1,000

Ordinary

£1

1,000

1,000

7.

RESERVES

Retained

earnings

£

At 1 July 2016

(674

)

Profit for the year

505

Dividends

(1,208

)

At 30 June 2017

(1,377

)

8.	ULTIMATE CONTROLLING PARTY

The controlling party is D Freshwater.