Sustainable Solar Limited Filleted accounts for Companies House (small and micro)
Sustainable Solar Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
07786778
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Statement of Financial Position |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
5 |
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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 |
6 |
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-------- |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
7 |
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Provisions
Taxation including deferred tax |
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--------- |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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-------- |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
20 February 2019
, and are signed on behalf of the board by:
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Director |
Company registration number:
07786778
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Notes to the Financial Statements |
Year ended 31 May 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Primes Corner, Histon, Cambridge, CB24 9AG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & machinery |
- |
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Impairment of fixed assets
Provisions
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4.
Tangible assets
Plant and machinery |
Total |
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£ |
£ |
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Cost |
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At 1 June 2017 and 31 May 2018 |
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Depreciation |
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At 1 June 2017 |
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Charge for the year |
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At 31 May 2018 |
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Carrying amount |
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At 31 May 2018 |
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At 31 May 2017 |
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5.
Debtors
2018 |
2017 |
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£ |
£ |
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Other debtors |
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6.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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------- |
------- |
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------- |
------- |
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7.
Creditors:
amounts falling due after more than one year
2018 |
2017 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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8.
Related party transactions
In the director's opinion the company's immediate controlling party is Devantier Group Limited, the immediate parent undertaking. The company is ultimately controlled by the director
Mr C R Dyason
as a result of his shareholding in the ultimate parent undertaking. As at the balance sheet date the company owed £99,993 (2017: £121,520) to Devantier Group Limited.
9.
Controlling party
The ultimate parent undertaking is Devantier Group Limited.