Registered Number 04613957
ALANKAR LIMITED
Abbreviated Accounts
31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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|
Tangible assets | 3 |
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Current assets | |||
Stocks |
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|
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Debtors |
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|
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Cash at bank and in hand |
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|
|
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Creditors: amounts falling due after more than one year |
|
( |
|
Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
Tangible assets depreciation policy
Short Leasehold Properties Straight Line 10%
Equipment Reducing Balance 25%
Intangible assets amortisation policy
Goodwill arising in connection with the acquisition of business was capitalised. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
Other accounting policies
Stock has been valued at lower of cost and net realisable value after due regard for obsolete and slow moving stock.
Going concern
The directors decided to cease company operations on 8th November 2014 as business has not been profitable for a number of years, hence the directors have not adopted going concern basis of accounting in preparing these financial statements.
Taxation
Corporation tax has been provided on taxable profits at the current rates.
Provision has been made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
£ | |
---|---|
Cost | |
At 1 April 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 March 2015 |
|
Amortisation | |
At 1 April 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 March 2015 |
|
Net book values | |
At 31 March 2015 | 0 |
At 31 March 2014 | 7,000 |
£ | |
---|---|
Cost | |
At 1 April 2014 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 31 March 2015 |
|
Depreciation | |
At 1 April 2014 |
|
Charge for the year |
|
On disposals |
( |
At 31 March 2015 |
|
Net book values | |
At 31 March 2015 | 0 |
At 31 March 2014 | 6,868 |