Abbreviated Company Accounts - ALTERNATIVE WEAR LTD

Abbreviated Company Accounts - ALTERNATIVE WEAR LTD

ALTERNATIVE ESTATES LIMITED - Company Information

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Registered Number 07821951

ALTERNATIVE WEAR LTD

Abbreviated Accounts

31 October 2013

ALTERNATIVE WEAR LTD Registered Number 07821951

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 16,897 16,348
16,897 16,348
Current assets
Stocks 105,247 61,348
Debtors 252,048 61,578
Cash at bank and in hand 267,226 95,560
624,521 218,486
Creditors: amounts falling due within one year (466,569) (227,549)
Net current assets (liabilities) 157,952 (9,063)
Total assets less current liabilities 174,849 7,285
Total net assets (liabilities) 174,849 7,285
Capital and reserves
Called up share capital 100 100
Profit and loss account 174,749 7,185
Shareholders' funds 174,849 7,285
  • For the year ending 31 October 2013 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 July 2014

And signed on their behalf by:
Sunil Syal, Director

ALTERNATIVE WEAR LTD Registered Number 07821951

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention.The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

2Tangible fixed assets
£
Cost
At 1 November 2012 20,435
Additions 4,772
Disposals -
Revaluations -
Transfers -
At 31 October 2013 25,207
Depreciation
At 1 November 2012 4,087
Charge for the year 4,223
On disposals -
At 31 October 2013 8,310
Net book values
At 31 October 2013 16,897
At 31 October 2012 16,348