Registration number:
ALD Automotive Engineering Limited
for the Year Ended 28 February 2018
2nd Floor The Port House
Marina Keep
Port Solent
Hampshire
PO6 4TH
ALD Automotive Engineering Limited
Contents
Company Information |
|
Director's Report |
|
Balance Sheet |
|
Notes to the Financial Statements |
ALD Automotive Engineering Limited
Company Information
Director |
Mr Ahmed Boumzebra |
Registered office |
|
Accountants |
|
Page 1 |
ALD Automotive Engineering Limited
Director's Report for the Year Ended 28 February 2018
The director presents his report and the financial statements for the year ended 28 February 2018.
This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Director of the company
The director who held office during the year was as follows:
Going concern
The financial statements have been prepared on a going concern basis.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
.........................................
Mr Ahmed Boumzebra
Director
Page 2 |
ALD Automotive Engineering Limited
(Registration number: 10030574)
Balance Sheet as at 28 February 2018
2018 |
(As restated) |
|
Fixed assets |
|
- |
Current assets |
|
|
Creditors: Amounts falling due within one year |
( |
( |
Net current (liabilities)/assets |
( |
|
Total assets less current liabilities |
|
|
Accruals and deferred income |
- |
( |
|
|
|
Capital and reserves |
|
|
Page 3 |
ALD Automotive Engineering Limited
(Registration number: 10030574)
Balance Sheet as at 28 February 2018
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 28 February 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
Mr Ahmed Boumzebra
Director
Page 4 |
ALD Automotive Engineering Limited
Notes to the Financial Statements for the Year Ended 28 February 2018
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Accounting Policies |
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Computer Equipment |
2 years straight line |
Prior period adjustments
Turnover, related debtors and the VAT liability totalling £4,150, £4,536 and £386, respectively, were omitted from the 2017 accounts in error. In addition, staff costs, other charges and the related accruals totalling £671, £1,266 and £1,937, respectively, were also erroneously omitted from the 2017 accounts. These omissions were deemed material, and as a result, the 2017 comparative figures have been restated to include these omissions. The impact of the restatement to the comparative 2017 Profit and Loss Account resulted in an increase in taxation and profit for the year of £443 and £1,770, respectively. The impact of the restatement to the comparative 2017 Balance Sheet resulted in a £1,770 increase in both net assets and the capital and reserves account.
Page 5 |
ALD Automotive Engineering Limited
Notes to the Financial Statements for the Year Ended 28 February 2018
Related party transactions |
Transactions with directors |
2018 |
At 1 March 2017 |
Repayments by directors |
At 28 February 2018 |
Mr Ahmed Boumzebra |
|||
Interest free loan |
1 |
( |
( |
2017 |
Advances to directors |
At 28 February 2017 |
Mr Ahmed Boumzebra |
||
Interest free loan |
|
|
Page 6 |