Accounts Submission


V3 POWER LIMITED

Company Registration Number:
07053663 (England and Wales)

Unaudited statutory accounts for the year ended 05 April 2019

Period of accounts

Start date: 06 April 2018

End date: 05 April 2019

V3 POWER LIMITED

Contents of the Financial Statements

for the Period Ended 05 April 2019

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

V3 POWER LIMITED

Company Information

for the Period Ended 05 April 2019




Director: Jack Howe
Thomas Dixon
Nicholas Shattock
Registered office: Lawn Cottage
Wyver Lane
Belper
Derbyshire
DE56 2EF
Company Registration Number: 07053663 (England and Wales)

V3 POWER LIMITED

Directors' Report Period Ended 05 April 2019

The directors present their report with the financial statements of the company for the period ended 05 April 2019

Principal Activities

The principal activity of the company in the period under review was that of building, installing, repairing, and teaching about renewable energy technologies.

Directors

The directors shown below have held office during the whole of the period from 06 April 2018 to 05 April 2019
Jack Howe
Thomas Dixon
Nicholas Shattock

This report was approved by the board of directors on 26 July 2019
And Signed On Behalf Of The Board By:

Name: Jack Howe
Status: Director

V3 POWER LIMITED

Profit and Loss Account

for the Period Ended 05 April 2019


Notes

2019
£

2018
£
Turnover 27,639 29,624
Cost of sales (24,030) (26,972)
Gross Profit or (Loss) 3,609 2,652
Administrative Expenses (2,934) (2,783)
Operating Profit or (Loss) 675 (131)
Profit or (Loss) Before Tax 675 (131)
Profit or (Loss) for Period 675 (131)

The notes form part of these financial statements

V3 POWER LIMITED

Balance sheet

As at 05 April 2019


Notes

2019
£

2018
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 2 4,550
Cash at bank and in hand: 284 2,485
Total current assets: 4,834 2,485
Creditors: amounts falling due within one year: 3 ( 1,674 )
Net current assets (liabilities): 3,160 2,485
Total assets less current liabilities: 3,160 2,485
Total net assets (liabilities): 3,160 2,485

The notes form part of these financial statements

V3 POWER LIMITED

Balance sheet continued

As at 05 April 2019


Notes

2019
£

2018
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 3,159 2,484
Shareholders funds: 3,160 2,485

For the year ending 5 April 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 July 2019
And Signed On Behalf Of The Board By:

Name: Jack Howe
Status: Director

The notes form part of these financial statements

V3 POWER LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2019

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

V3 POWER LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2019

2. Debtors


2019
£

2018
£
Trade debtors 4,550
Total 4,550

V3 POWER LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2019

3.Creditors: amounts falling due within one year note


2019
£

2018
£
Trade creditors 1,674
Total 1,674

V3 POWER LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2019

4.1.Related party disclosures

Name of related party: Thomas Dixon
Description of relationship:
Director
Description of the transaction:
During the period the company made payments to the directors for goods and services supplied by their self employed businesses.
Balance at 06 April 2018 0
Balance at 05 April 2019 9,760

Name of related party: Jack Howe
Description of relationship:
Director
Description of the transaction:
During the period the company made payments to the directors for goods and services supplied by their self employed businesses.
Balance at 06 April 2018 0
Balance at 05 April 2019 8,539

V3 POWER LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2019

4.2.Related party disclosures

Name of related party: Nicholas Shattock
Description of relationship:
Director
Description of the transaction:
During the period the company made payments to the directors for goods and services supplied by their self employed businesses.
Balance at 06 April 2018 0
Balance at 05 April 2019 170