Registered number
05218200
A & J D'Alton Limited
Filleted Accounts
30 April 2017
A & J D'Alton Limited
Registered number: 05218200
Balance Sheet
as at 30 April 2017
Notes 2017 2016
£ £
Fixed assets
Intangible assets 3 100,000 100,000
Current assets
Debtors 5 125,664 113,890
Cash at bank and in hand 431 12,865
126,095 126,755
Creditors: amounts falling due within one year 6 (35,870) (43,471)
Net current assets 90,225 83,284
Net assets 190,225 183,284
Capital and reserves
Called up share capital 2 2
Profit and loss account 190,223 183,282
Shareholders' funds 190,225 183,284
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A M D'Alton J F Salmon
Director
Approved by the board on 31 October 2017
A & J D'Alton Limited
Notes to the Accounts
for the year ended 30 April 2017
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2017 2016
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 May 2016 100,000
At 30 April 2017 100,000
Amortisation
At 30 April 2017 -
Net book value
At 30 April 2017 100,000
At 30 April 2016 100,000
4 Tangible fixed assets
Office equipment
£
Cost
At 1 May 2016 1,909
At 30 April 2017 1,909
Depreciation
At 1 May 2016 1,909
At 30 April 2017 1,909
Net book value
At 30 April 2017 -
5 Debtors 2017 2016
£ £
Trade debtors 13,444 10,650
Directors loans 110,845 100,490
Other debtors 1,375 2,750
125,664 113,890
6 Creditors: amounts falling due within one year 2017 2016
£ £
Bank loans and overdrafts 5,049 -
Trade creditors 173 5,070
Corporation tax 21,623 27,420
Other taxes and social security costs 6,525 8,251
Other creditors 2,500 2,730
35,870 43,471
7 Other financial commitments 2017 2016
£ £
Total future minimum payments under non-cancellable operating leases 6,875 5,500
8 Controlling party
The company is controlled by the directors.
9 Other information
A & J D'Alton Limited is a private company limited by shares and incorporated in England. Its registered office is:
Drury House
High Street
Chipping Campden
Glos
A & J D'Alton Limited 05218200 false 2016-05-01 2017-04-30 2017-04-30 VT Final Accounts November 2016, release 2 A M D'Alton J F Salmon No description of principal activity 05218200 2015-05-01 2016-04-30 05218200 core:WithinOneYear 2016-04-30 05218200 core:ShareCapital 2016-04-30 05218200 core:RetainedEarningsAccumulatedLosses 2016-04-30 05218200 core:AllPeriods 2016-04-30 05218200 2016-05-01 2017-04-30 05218200 bus:PrivateLimitedCompanyLtd 2016-05-01 2017-04-30 05218200 bus:AuditExemptWithAccountantsReport 2016-05-01 2017-04-30 05218200 bus:Director40 2016-05-01 2017-04-30 05218200 1 2016-05-01 2017-04-30 05218200 2 2016-05-01 2017-04-30 05218200 countries:England 2016-05-01 2017-04-30 05218200 bus:FRS102 2016-05-01 2017-04-30 05218200 bus:FullAccounts 2016-05-01 2017-04-30 05218200 2017-04-30 05218200 core:WithinOneYear 2017-04-30 05218200 core:ShareCapital 2017-04-30 05218200 core:RetainedEarningsAccumulatedLosses 2017-04-30 05218200 core:Goodwill 2017-04-30 05218200 core:PlantMachinery 2017-04-30 05218200 core:AllPeriods 2017-04-30 05218200 2016-04-30 05218200 core:Goodwill 2016-04-30 05218200 core:PlantMachinery 2016-04-30 iso4217:GBP xbrli:pure