ALMI GROUP (UK) LTD

ALMI GROUP (UK) LTD

ALMI GROUP (UK) LTD - Company Information

Print Friendly Version

ALMI GROUP (UK) LTD

Company Registration Number:
03433355 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2017

Period of accounts

Start date: 01 October 2016

End date: 30 September 2017

ALMI GROUP (UK) LTD

Contents of the Financial Statements

for the Period Ended 30 September 2017

Balance sheet
Notes

ALMI GROUP (UK) LTD

Balance sheet

As at 30 September 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 3 9,795 10,347
Total fixed assets: 9,795 10,347
Current assets
Stocks: 11,835 25,000
Debtors:   173,469 169,650
Cash at bank and in hand: 11,882 3,997
Total current assets: 197,186 198,647
Creditors: amounts falling due within one year:   (263,525) (226,642)
Net current assets (liabilities): (66,339) (27,995)
Total assets less current liabilities: (56,544) (17,648)
Total net assets (liabilities): (56,544) (17,648)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (56,546) (17,650)
Shareholders funds: (56,544) (17,648)

The notes form part of these financial statements

ALMI GROUP (UK) LTD

Balance sheet statements

For the year ending 30 September 2017 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.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 June 2018
and signed on behalf of the board by:

Name: A Whittle
Status: Director

The notes form part of these financial statements

ALMI GROUP (UK) LTD

Notes to the Financial Statements

for the Period Ended 30 September 2017

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 represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows;Fixtures equipment 25% Reducing BalanceMotor vehicles 25% Reducing Balance

Valuation and information policy

Stock is valued at the lower of cost and net realizable value.

Other accounting policies

Assets obtained under hire purchase contract and finance leases are captalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account as incurred.

ALMI GROUP (UK) LTD

Notes to the Financial Statements

for the Period Ended 30 September 2017

2. Employees

2017 2016
Average number of employees during the period 9 11

ALMI GROUP (UK) LTD

Notes to the Financial Statements

for the Period Ended 30 September 2017

3. Tangible Assets

Total
Cost £
At 01 October 2016 59,416
Additions 2,713
At 30 September 2017 62,129
Depreciation
At 01 October 2016 49,069
Charge for year 3,265
At 30 September 2017 52,334
Net book value
At 30 September 2017 9,795
At 30 September 2016 10,347