Alexander Environmental Systems Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05186152 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2014

FOR

ALEXANDER ENVIRONMENTAL SYSTEMS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Alexander

REGISTERED OFFICE:

158 High Street

Herne Bay

Kent

CT6 5NP

REGISTERED NUMBER:

05186152 (England and Wales)

ACCOUNTANTS:

Hilary Adams Ltd

Chartered Accountants

158 High Street

Herne Bay

Kent

CT6 5NP

FIXED ASSETS

Tangible assets

2

3,305

4,150

CURRENT ASSETS

Stocks

19,525

21,881

Debtors

20,246

63,456

Cash at bank

639

124

40,410

85,461

CREDITORS

Amounts falling due within one year

38,446

56,674

NET CURRENT ASSETS

1,964

28,787

TOTAL ASSETS LESS CURRENT LIABILITIES

5,269

32,937

CREDITORS

Amounts falling due after more than one year

(5,154

)

-

PROVISIONS FOR LIABILITIES

(661

)

(830

)

NET (LIABILITIES)/ASSETS

(546

)

32,107

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(548

)

32,105

SHAREHOLDERS' FUNDS

(546

)

32,107

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 November 2014 and were signed by:

J Alexander - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost and 20% on cost

Stocks

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 items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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 the profit and loss account over the relevant period.

The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over

the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

25,281

Additions

1,181

At 31 August 2014

26,462

DEPRECIATION

At 1 September 2013

21,131

Charge for year

2,026

At 31 August 2014

23,157

NET BOOK VALUE

At 31 August 2014

3,305

At 31 August 2013

4,150

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

2

Ordinary

£1

2

2