| Registered Number:03685835 |
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2018
ALY & CO LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
ALY & CO LTD
Statement of Financial Position
2017
2018
| Property, plant and equipment |
7,760
10,345
2
7,760
10,345
| Trade and other receivables |
-
167
3
942
| Cash and cash equivalents |
973
1,140
942
| Trade and other payables: amounts falling due within one |
| year |
(32,018)
(35,404)
4
(31,076)
(34,264)
Net current liabilities
| Total assets less current liabilities |
(26,504)
(20,731)
| Trade and other payables: amounts falling due after more |
| than one year |
(4,566)
-
5
(26,504)
Net liabilities
(25,297)
2
2
(26,506)
(25,299)
(26,504)
(25,297)
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 20 December 2018 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2018
ALY & CO LTD
Notes to the Financial Statements
Statutory Information
| ALY & CO LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 03685835. |
Corner House
Basset Green Drive
Southampton
SO16 3QN
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
| 2. Property, plant and equipment |
Motor vehicles
45,881
456
45,425
45,425
456
45,881
| Provision for depreciation and impairment |
35,536
456
35,080
Charge for year
2,585
-
2,585
38,121
456
37,665
7,760
-
7,760
10,345
-
10,345
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For the year ended 31 March 2018
ALY & CO LTD
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2017
2018
167
-
| 4. Trade and other payables: amounts falling due within one year |
2017
2018
1
-
| Taxation and social security |
56
131
35,347
31,887
35,404
32,018
| 5. Trade and other payables: amounts falling due after more than one year |
2017
2018
-
4,566
| 6. Related party transactions |
| The company operates from the premises of the director and a charge of £156 has been made for this. |
| The director is owed £30,011 at the year end and this is shown under other creditors of less than one year. |
| 7. Average number of persons employed |
During the year the average number of employees was 2 (2017 : 2)
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