Abbreviated Company Accounts - ALNPETE LIMITED

Registered Number 03574096

ALNPETE LIMITED

Abbreviated Accounts

5 April 2014

ALNPETE LIMITED Registered Number 03574096

Abbreviated Balance Sheet as at 5 April 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	2,054	861
		2,054	861
Current assets
Stocks		7,263	6,900
Debtors		9,986	7,885
Cash at bank and in hand		9,821	5,492
		27,070	20,277
Creditors: amounts falling due within one year		(7,952)	(7,580)
Net current assets (liabilities)		19,118	12,697
Total assets less current liabilities		21,172	13,558
Creditors: amounts falling due after more than one year		0	(2,296)
Total net assets (liabilities)		21,172	11,262
Capital and reserves
Called up share capital		16,720	16,720
Share premium account		45,880	45,880
Profit and loss account		(41,428)	(51,338)
Shareholders' funds		21,172	11,262

For the year ending 5 April 2014 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 9 December 2014

And signed on their behalf by:
MRS A A BUCK, Director

ALNPETE LIMITED Registered Number 03574096

Notes to the Abbreviated Accounts for the period ended 5 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation

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 bases:

Fixtures and Fittings - 25% - 50% per annum reducing balance basis

Other accounting policies
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 6 April 2013	6,630
Additions	1,754
Disposals	(319)
Revaluations	-
Transfers	-
At 5 April 2014	8,065
Depreciation
At 6 April 2013	5,769
Charge for the year	538
On disposals	(296)
At 5 April 2014	6,011
Net book values
At 5 April 2014	2,054
At 5 April 2013	861