| Registered Number:04069908 |
For the year ended 31 August 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2017
Altus Services Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Altus Services Limited
Statement of Financial Position
2016
2017
| Property, plant and equipment |
99,435
53,876
2
99,435
53,876
281,075
296,377
| Trade and other receivables |
19,627
22,406
3
95,238
| Cash and cash equivalents |
67,512
386,295
395,940
| Trade and other payables: amounts falling due within one |
| year |
(329,463)
(370,727)
4
66,477
15,568
Net current assets
| Total assets less current liabilities |
115,003
120,353
| Trade and other payables: amounts falling due after more |
| than one year |
(5,889)
(3,639)
5
111,364
Net assets
114,464
2
2
111,362
114,462
111,364
114,464
Shareholders' funds
| For the year ended 31 August 2017 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 August 2017 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 of Part 15 of the Companies Act 2006 relating to small companies. |
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For the year ended 31 August 2017
Altus Services Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 20 November 2017 and were signed by: |
| The notes form part of these financial statements |
2 of 4
For the year ended 31 August 2017
Altus Services Limited
Notes to the Financial Statements
Statutory Information
| Altus Services Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 04069908. |
| Principal place of business: |
Unit S10
Tectory Lane Trading Estate
Kingston Bagpuize
Oxon
OX13 5AS
Angel House
Hardwick
Witney
Oxon
OX29 7QE
| 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: |
Plant and machinery
Showroom
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 31 August 2017
Altus Services Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Showroom
Motor vehicles
344,911
-
110,972
56,967
176,972
73,570
38,500
9,778
-
25,292
56,967
120,750
38,500
418,481
202,264
| Provision for depreciation and impairment |
291,035
-
88,477
46,910
155,648
Charge for year
28,011
5,775
8,068
2,514
11,654
319,046
5,775
96,545
49,424
167,302
34,962
7,543
24,205
32,725
99,435
21,324
10,057
22,495
-
53,876
| 3. Trade and other receivables |
2016
2017
(18,614)
1,536
41,020
18,091
19,627
22,406
| 4. Trade and other payables: amounts falling due within one year |
2016
2017
149
-
290,936
258,946
| Taxation and social security |
52,047
51,004
27,595
19,513
370,727
329,463
| 5. Trade and other payables: amounts falling due after more than one year |
2016
2017
3,639
5,889
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