Company Registration No. 07813648 (England and Wales)
ALTERNATE DIMENSIONS LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2014
ALTERNATE DIMENSIONS LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ALTERNATE DIMENSIONS LTD
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2014
31 October 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
942
1,456
Current assets
Debtors
9,916
1
Cash at bank and in hand
1,716
25,258
11,632
25,259
Creditors: amounts falling due within one year
(12,097)
(20,641)
Net current (liabilities)/assets
(465)
4,618
Total assets less current liabilities
477
6,074
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
377
5,974
Shareholders' funds
477
6,074
For the financial year ended 31 October 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 1 July 2015
Dean Barrie Clancy
Director
Company Registration No. 07813648
ALTERNATE DIMENSIONS LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
Computer equipment
33.33% straight line
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2013
4,237
Additions
1,344
At 31 October 2014
5,581
Depreciation
At 1 November 2013
2,781
Charge for the year
1,858
At 31 October 2014
4,639
Net book value
At 31 October 2014
942
At 31 October 2013
1,456
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100