Solarjobs Ltd - Limited company - abbreviated

REGISTERED NUMBER: 06273654 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

FOR

SOLARJOBS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M R Shaybani

SECRETARY:

Mrs A M Shaybani

REGISTERED OFFICE:

The Counting House

High Street

Lutterworth

Leicestershire

LE17 4AY

REGISTERED NUMBER:

06273654 (England and Wales)

ACCOUNTANTS:

PWH Accountancy Ltd

The Counting House

High Street

Lutterworth

Leicestershire

LE17 4AY

FIXED ASSETS

Intangible assets

2

20,000

Tangible assets

3

20,726

40,726

CURRENT ASSETS

Debtors

5,865

Cash at bank

38

5,903

CREDITORS

Amounts falling due within one year

93,579

NET CURRENT LIABILITIES

(87,676

)

(87,676

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(46,950

)

(46,950

)

CREDITORS

Amounts falling due after more than one
year

4

90,000

NET LIABILITIES

(136,950

)

(136,950

)

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

(137,050

)

(137,050

)

SHAREHOLDERS' FUNDS

(136,950

)

(136,950

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 March 2015 and were signed by:

M R Shaybani - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

The company was dormant throughout the year ended 30 June 2014. However, reference to information relating

to the year ended 30 June 2013 has been made where appropriate.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Developments costs, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

40,000

AMORTISATION

At 1 July 2013

and 30 June 2014

20,000

NET BOOK VALUE

At 30 June 2014

20,000

At 30 June 2013

20,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

60,811

DEPRECIATION

At 1 July 2013

and 30 June 2014

40,085

NET BOOK VALUE

At 30 June 2014

20,726

At 30 June 2013

20,726

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

30.6.14

30.6.13

£

Repayable otherwise than by instalments

90,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

95

Ordinary

£1

95

5

Preference

£1

5

100

6.	GOING CONCERN

The accounts have been prepared on a 'going-concern' basis. This basis may not be appropriate in that the

company had net liabilities at 30 June 2012 in excess of £100,000. However the director (M R Shaybani) has

secured funding for the initial set up and running costs, repayment of which will not be required until such time

as the company is able to do so without jeopardising the company's position and for this reason is satisfied that

the 'going-concern' basis remains appropriate.

Solarjobs Ltd - Limited company - abbreviated - 11.0.0

Solarjobs Ltd - Limited company - abbreviated - 11.0.0