Company Registration No. 07941694 (England and Wales)
Alphastorm Limited
Unaudited accounts
for the year ended 31 March 2018
Alphastorm Limited
Unaudited accounts
Contents
Alphastorm Limited
Company Information
for the year ended 31 March 2018
Directors
J Sheldon
C Dick
V Kolubayev
Company Number
07941694 (England and Wales)
Registered Office
CEDAR HOUSE
HILLBROW ROAD
ESHER
SURREY
KT10 9UD
Alphastorm Limited
Statement of financial position
as at 31 March 2018
Intangible assets
8,623
2,623
Tangible assets
4,625
6,168
Cash at bank and in hand
42,030
4,487
Creditors: amounts falling due within one year
(7,083)
(9,186)
Net current assets
39,947
301
Total assets less current liabilities
53,195
9,092
Creditors: amounts falling due after more than one year
(1,933)
(1,933)
Called up share capital
384
384
Share premium
334,936
334,936
Profit and loss account
(284,058)
(328,161)
Shareholders' funds
51,262
7,159
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 9 December 2018.
C Dick
Director
Company Registration No. 07941694
Alphastorm Limited
Notes to the Accounts
for the year ended 31 March 2018
Alphastorm Limited is a private company, limited by shares, registered in England and Wales, registration number 07941694. The registered office is CEDAR HOUSE, HILLBROW ROAD, ESHER, SURREY, KT10 9UD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum under reducing balance basis
Fixtures & fittings
25% per annum under reducing balance basis
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. No amortisation is currently provided.
Alphastorm Limited
Notes to the Accounts
for the year ended 31 March 2018
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2017
11,093
868
11,961
At 31 March 2018
11,093
868
11,961
At 1 April 2017
5,294
499
5,793
Charge for the year
1,450
93
1,543
At 31 March 2018
6,744
592
7,336
At 31 March 2018
4,349
276
4,625
At 31 March 2017
5,799
369
6,168
7
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
2,934
4,912
Other creditors
1,381
1,506
Loans from directors
1,268
1,268
8
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
1,933
1,933
Alphastorm Limited
Notes to the Accounts
for the year ended 31 March 2018
9
Average number of employees
During the year the average number of employees was 1 (2017: 1).
