Northdown Alexander Ltd - Limited company accounts 18.2

REGISTERED NUMBER: 08245559 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

NORTHDOWN ALEXANDER LTD

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

Ms S A E Simmonds

REGISTERED OFFICE:

41 Oldfields Road

Sutton

Surrey

SM1 2NB

REGISTERED NUMBER:

08245559 (England and Wales)

ACCOUNTANTS:

Mehta & Tengra

Chartered Accountants

24 Bedford Row

London

WC1R 4TQ

The director presents her report with the financial statements of the company for the year ended 31 March 2018.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of to provide consultancy services

REVIEW OF BUSINESS

The results for the period and financial position of the company are as shown in the annexed financial statements.

DIRECTOR

Ms S A E Simmonds held office during the whole of the period from 1 April 2017 to the date of this report.

DIVIDENDS

No dividends were distributed for the year ended 31 March 2018.

RELATED PARTY TRANSACTIONS

There were no related party transactions during the year.

TAXATION STATUS

The company is a close company within the provision of the Income and Corporation Taxes Act 2010.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

Ms S A E Simmonds - Director

24 December 2018

TURNOVER

-

Administrative expenses

(9,850

)

(10,450

)

OPERATING LOSS and

LOSS BEFORE TAXATION

(9,850

)

(10,450

)

Tax on loss

-

LOSS FOR THE FINANCIAL YEAR

(9,850

)

(10,450

)

CREDITORS

Amounts falling due within one year

4

(28,832

)

(18,982

)

NET CURRENT LIABILITIES

(28,832

)

(18,982

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(28,832

)

(18,982

)

CAPITAL AND RESERVES

Called up share capital

5

100

Retained earnings

6

(28,932

)

(19,082

)

SHAREHOLDERS' FUNDS

(28,832

)

(18,982

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 December 2018 and were signed by:

Ms S A E Simmonds - Director

1.	STATUTORY INFORMATION

Northdown Alexander Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 assets are only recognised to the extent that it is probable that they will be recovered against the

reversal of deferred tax liabilities or other future taxable profits.

If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred

tax is reversed.

Deferred tax is recognised when income or expenses from an associate have been recognised, and will be

assessed for tax in a future period, except where:

- it is probable that the timing difference will not reverse in the foreseeable future.

A deferred tax liability or asset is recognised for the additional tax that will be paid or avoided in respect of

assets and liabilities that are recognised in a business combination. The amount attributed to goodwill is adjusted

by the amount of deferred tax recognised.

Deferred tax is calculated using the tax rates and laws that that have been enacted or substantively enacted by the

reporting date that are expected to apply to the reversal of the timing difference.

With the exception of changes arising on the initial recognition of a business combination , the tax expense

(income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction

that resulted in the tax expense (income).

Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

Deferred tax asset and deferred tax liabilities are offset only if:

- the company has a legally enforceable right to set off current tax assets against current tax liabilities, and

- the deferred tax asset and deferred tax liabilities relate to income taxes levied by the same taxation

authority on either the same taxable entity or different taxable entities which intend either to settle current

tax liabilities and assets on a net basis, or to realise the assets and settle the liabilities simultaneously

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

2018

2017

£

Director's remuneration

9,000

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Social security and other taxes

216

422

Directors' current accounts

28,107

18,060

Accrued expenses

509

500

28,832

18,982

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

100

Ordinary Shares

1

100

6.

RESERVES

Retained

earnings

£

At 1 April 2017

(19,082

)

Deficit for the year

(9,850

)

At 31 March 2018

(28,932

)

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and

31 March 2017:

2018

2017

£

Ms S A E Simmonds

Balance outstanding at start of year

(18,060

)

(9,974

)

Amounts advanced

(10,046

)

(8,086

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(28,106

)

(18,060

)

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms S A E Simmonds.

9.	GOING CONCERN

The director has agreed to support the company for twelve months from the date of this report.