Alapog Consulting Ltd - Accounts to registrar (filleted) - small 18.1
Alapog Consulting Ltd - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2017 |
| FOR |
| ALAPOG CONSULTING LTD |
| ALAPOG CONSULTING LTD (REGISTERED NUMBER: SC482872) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ALAPOG CONSULTING LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ALAPOG CONSULTING LTD (REGISTERED NUMBER: SC482872) |
| BALANCE SHEET |
| 31 JULY 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| ALAPOG CONSULTING LTD (REGISTERED NUMBER: SC482872) |
| BALANCE SHEET - continued |
| 31 JULY 2017 |
| 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 |
| ALAPOG CONSULTING LTD (REGISTERED NUMBER: SC482872) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2017 |
| 1. | STATUTORY INFORMATION |
| Alapog Consulting Ltd is a |
| number and registered office address can be found on the Company Information page. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these |
| financial statements are rounded to the nearest pound. |
| These financial statements for the year ended 31 July 2017 are the first financial statements of Alapog Consulting |
| Limited prepared in accordance with Section 1A "Small Entities" of Financial Reporting Standard 102, the |
| financial reporting standard applicable in the UK and Republic of Ireland. The date of transition to FRS102 was |
| 1 August 2015. The reported financial position and financial performance for the previous period are not |
| affected by the transition to FRS102. |
| Going Concern |
| At the time of approving the financial statements, the directors have a reasonable expectation that the company |
| has adequate resources to continue in operational existence for the foreseeable future. Thus the directors |
| continue to adopt the going concern basis of accounting in preparing the financial statements. |
| Significant judgements and estimates |
| In the application of the company's accounting policies, the directors are required to make judgements, estimates |
| and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other |
| sources. The estimates and associated assumptions are based on historical experience and other factors that are |
| considered to be relevant. Actual results may differ from these estimates. |
| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates |
| are recognised in the period in which the estimate is revised where the revision affects only that period, or in the |
| period of the revision and future periods where the revision affects both current and future periods. |
| The directors consider that there are no estimates and underlying assumptions which have a significant risk of |
| causing a material adjustment to the carrying amount of the assets and liabilities. |
| 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 |
| Motor vehicles | - |
| Computer equipment | - |
| ALAPOG CONSULTING LTD (REGISTERED NUMBER: SC482872) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2017 |
| 3. | ACCOUNTING POLICIES - continued |
| 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
| of the future payments is treated as a liability. |
| Cash and cash equivalents |
| Cash and cash equivalents include cash in hand, deposits held in call with banks, other short-term liquid |
| investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown |
| within borrowings in current liabilities. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| ALAPOG CONSULTING LTD (REGISTERED NUMBER: SC482872) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2017 |
| 5. | TANGIBLE FIXED ASSETS |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 August 2016 |
| Additions |
| At 31 July 2017 |
| DEPRECIATION |
| At 1 August 2016 |
| Charge for year |
| At 31 July 2017 |
| NET BOOK VALUE |
| At 31 July 2017 |
| At 31 July 2016 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Motor |
| vehicles |
| £ |
| COST |
| Additions |
| At 31 July 2017 |
| DEPRECIATION |
| Charge for year |
| At 31 July 2017 |
| NET BOOK VALUE |
| At 31 July 2017 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Hire purchase contracts |
| Taxation and social security |
| Other creditors |
| ALAPOG CONSULTING LTD (REGISTERED NUMBER: SC482872) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2017 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Hire purchase contracts |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Hire purchase contracts | 26,979 | - |
| Hire purchase liabilities are secured against the assets relating to the agreements. |
| 10. | PROVISIONS FOR LIABILITIES |
| 2017 | 2016 |
| £ | £ |
| Deferred tax | 5,036 | - |
| Deferred |
| tax |
| £ |
| Provided during year |
| Balance at 31 July 2017 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary | 1 | 2 | 2 |
| 12. | RELATED PARTY DISCLOSURES |
| Included within Other creditors is an amount due to the directors of £697 (2016 - £2,404). The loan is interest |
| free and has no set repayment date. |
| Also included within Other debtors is an amount due from Re-Energise (Oil & Gas) Ltd of £225, a company S |
| Gopala is also a director in. |
| 13. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by the directors by virtue of their 100% shareholding. |