Alert Applications Ltd - Period Ending 2015-11-30

Alert Applications Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2015

EJBC Chartered Accountants
The Rectory
Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

Alert Applications Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Alert Applications Ltd
for the Year Ended 30 November 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alert Applications Ltd for the year ended 30 November 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Alert Applications Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Alert Applications Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alert Applications Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Alert Applications Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Alert Applications Ltd. You consider that Alert Applications Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Alert Applications Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

EJBC Chartered Accountants
The Rectory
Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

22 August 2016

Page 1

Alert Applications Ltd
(Registration number: 04342349)
Abbreviated Balance Sheet at 30 November 2015

	Note	2015 £	2014 £
Fixed assets
Tangible fixed assets		-	149
Current assets
Stocks		8,331	8,331
Debtors		5,249	5,248
Cash at bank and in hand		2,625	3,475
		16,205	17,054
Creditors: Amounts falling due within one year		(478,438)	(424,623)
Net current liabilities		(462,233)	(407,569)
Total assets less current liabilities		(462,233)	(407,420)
Creditors: Amounts falling due after more than one year		(850,984)	(845,484)
Net liabilities		(1,313,217)	(1,252,904)
Capital and reserves
Called up share capital	3	1,000	1,000
Share premium account		199,748	199,748
Profit and loss account		(1,513,965)	(1,453,652)
Shareholders' deficit		(1,313,217)	(1,252,904)

For the year ending 30 November 2015 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.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 22 August 2016 and signed on its behalf by:

.........................................
Mr P D Harris
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Alert Applications Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful
economic life ot that asset as follows:

Asset class	Depreciation method and rate
Plant & machinery	3 Years Straight Line
Fixtures, fittings & equipment	5 Years Straight Line
Motor vehicles	3 Years Straight Line

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Alert Applications Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 December 2014	28,387	28,387
At 30 November 2015	28,387	28,387
Depreciation
At 1 December 2014	28,238	28,238
Charge for the year	149	149
At 30 November 2015	28,387	28,387
Net book value
At 30 November 2015	-	-
At 30 November 2014	149	149

3	Share capital

Allotted, called up and fully paid shares

	2015			2014
		No.	£		No.	£
Ordinary shares of £1 each		1,000	1,000		1,000	1,000

Page 4