REGISTERED NUMBER: 04321902 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2017

FOR

ALPHA DUPLICATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

9

DIRECTORS:

M J Hedger

J D Cronin

SECRETARY:

J D Cronin

REGISTERED OFFICE:

3 Manor Courtyard

Hughenden Avenue

High Wycombe

Buckinghamshire

HP13 5RE

REGISTERED NUMBER:

04321902 (England and Wales)

ACCOUNTANTS:

Cannon Moorcroft Ltd

3 Manor Courtyard

Hughenden Avenue

High Wycombe

Buckinghamshire

HP13 5RE

FIXED ASSETS

Tangible assets

4

129,354

171,978

Investments

5

10,000

10,000

139,354

181,978

CURRENT ASSETS

Stocks

433,586

204,068

Debtors

6

634,582

808,367

Cash at bank and in hand

225,819

181,356

1,293,987

1,193,791

CREDITORS

Amounts falling due within one year

7

763,118

697,385

NET CURRENT ASSETS

530,869

496,406

TOTAL ASSETS LESS CURRENT LIABILITIES

670,223

678,384

CREDITORS

Amounts falling due after more than one year

8

(114,873

)

(105,000

)

PROVISIONS FOR LIABILITIES

(6,201

)

(1,118

)

NET ASSETS

549,149

572,266

CAPITAL AND RESERVES

Called up share capital

10

2

2

Revaluation reserve

11

57,147

114,293

Retained earnings

492,000

457,971

SHAREHOLDERS' FUNDS

549,149

572,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 August 2018 and were signed on its behalf by:

J D Cronin - Director

M J Hedger - Director

1.	STATUTORY INFORMATION

Alpha Duplication Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 30 November 2017 are the first that are prepared in accordance

with FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the

date of transition to FRS 102 Section 1A is 1 December 2015.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

Straight line over 3 years

Fixtures and fittings

-

Straight line over 4 years

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2016 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 December 2016

1,092,428

Additions

59,033

Disposals

(24,570

)

At 30 November 2017

1,126,891

DEPRECIATION

At 1 December 2016

920,450

Charge for year

44,510

Eliminated on disposal

(24,570

)

Revaluation adjustments

57,147

At 30 November 2017

997,537

NET BOOK VALUE

At 30 November 2017

129,354

At 30 November 2016

171,978

Cost or valuation at 30 November 2017 is represented by:

Plant and

machinery

etc

£

Valuation in 2015

171,440

Cost

955,451

1,126,891

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST OR VALUATION

At 1 December 2016

20,698

Additions

35,442

At 30 November 2017

56,140

DEPRECIATION

At 1 December 2016

16,099

Charge for year

14,819

At 30 November 2017

30,918

NET BOOK VALUE

At 30 November 2017

25,222

At 30 November 2016

4,599

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 December 2016

and 30 November 2017

10,000

NET BOOK VALUE

At 30 November 2017

10,000

At 30 November 2016

10,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

541,856

553,367

Other debtors

92,726

255,000

634,582

808,367

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Hire purchase contracts (see note 9)

11,378

4,508

Trade creditors

315,074

344,366

Taxation and social security

205,298

172,011

Other creditors

231,368

176,500

763,118

697,385

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Hire purchase contracts (see note 9)

9,873

-

Other creditors

105,000

105,000

114,873

105,000

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2017

2016

£

£

Net obligations repayable:

Within one year

11,378

4,508

Between one and five years

9,873

-

21,251

4,508

Non-cancellable

operating leases

2017

2016

£

£

Within one year

97,500

89,506

Between one and five years

149,214

236,714

246,714

326,220

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Revaluation

reserve

£

At 1 December 2016

114,293

Revaluation of assets

(57,146

)

At 30 November 2017

57,147

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors are the following loans from the directors. These loans are unsecured, interest-free

and have no fixed repayment terms.

2017

2016

£

£

J D Cronin

71,135

49,625

M J Hedger

96,062

62,029

Total

167,197

111,654

Of the total loan, £77,197 is included in creditors due within one year and £90,000 is included in creditors due

after more than year. The loan is subject to interest charged at 6%.

13.	RELATED PARTY DISCLOSURES

Apollo Mediapack Limited is a company in which the directors, Mr M J Hedger and Mr J D Cronin, own 75% of

the issued share capital.

As at 30 November 2017, the amounts due to Apollo Mediapack Limited were £(14,861) (2016: £17,060) and

are disclosed in other creditors. The loan is interest free and has no fixed repayment terms.

Included in creditors due after more than one year is a loan of £15,000 due to Mrs J F Hedger, sister in law of the

director M Hedger. This loan is subject to interest amounting to 8% of any increase in reserves. Interest of

£2,858 (2016: £4,427) was charged in the year. Interest of £7,267 (2016: £10,409) remained unpaid at the

balance sheet date, and is included in creditors due within one year.

14.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors, Mr M J Hedger and Mr J D Cronin, who together own the

entire issued share capital of the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2017 set out on pages three to twelve and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cannon Moorcroft Ltd

3 Manor Courtyard

Hughenden Avenue

High Wycombe

Buckinghamshire

HP13 5RE

29 August 2018