Brighter Energy Homes Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08839410 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2019

for

Brighter Energy Homes Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T Durrell

REGISTERED OFFICE:

Evolution House

Iceni Court

Delft Way

Norwich

Norfolk

NR6 6BB

REGISTERED NUMBER:

08839410 (England and Wales)

ACCOUNTANTS:

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

FIXED ASSETS

Intangible assets

4

-

2,000

Property, plant and equipment

5

2,075

179

2,075

2,179

CURRENT ASSETS

Debtors

6

30,410

13,508

Cash at bank

22,824

47,134

53,234

60,642

CREDITORS

Amounts falling due within one year

7

49,272

48,306

NET CURRENT ASSETS

3,962

12,336

TOTAL ASSETS LESS CURRENT LIABILITIES

6,037

14,515

PROVISIONS FOR LIABILITIES

394

-

NET ASSETS

5,643

14,515

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

5,543

14,415

SHAREHOLDERS' FUNDS

5,643

14,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 31 October 2019 and were signed by:

Mr T Durrell - Director

1.	STATUTORY INFORMATION

Brighter Energy Homes Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2018

and 31 January 2019

10,000

AMORTISATION

At 1 February 2018

8,000

Amortisation for year

2,000

At 31 January 2019

10,000

NET BOOK VALUE

At 31 January 2019

-

At 31 January 2018

2,000

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2018

-

989

989

Additions

2,537

-

2,537

At 31 January 2019

2,537

989

3,526

DEPRECIATION

At 1 February 2018

-

810

810

Charge for year

476

165

641

At 31 January 2019

476

975

1,451

NET BOOK VALUE

At 31 January 2019

2,061

14

2,075

At 31 January 2018

-

179

179

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Trade debtors

1,844

2,982

Other debtors

28,566

10,526

30,410

13,508

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Trade creditors

345

213

Tax

-

3,763

VAT

-

2,242

Other creditors

4,595

448

Directors' current accounts

44,332

40,518

Accruals and deferred income

-

1,122

49,272

48,306

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.19

31.1.18

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £13,050 (2018 - £13,536) were paid to the director .

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr T Durrell.