Carbonsave Solutions Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07298215 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2014

for

Carbonsave Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr S Southern

Mr D Crick

SECRETARY:

Mrs D Southern

REGISTERED OFFICE:

c/o Whitehall Business Centre

75 School Lane

Hartford

Northwich

Cheshire

CW8 1PF

REGISTERED NUMBER:

07298215 (England and Wales)

ACCOUNTANTS:

Buxton Accounting LLP

Chartered Accountants

98 Middlewich Road

Northwich

Cheshire

CW9 7DA

FIXED ASSETS

Tangible assets

2

25,001

104

CURRENT ASSETS

Debtors

75,305

22,333

Cash at bank and in hand

15,015

32,121

90,320

54,454

CREDITORS

Amounts falling due within one year

96,060

62,169

NET CURRENT LIABILITIES

(5,740

)

(7,715

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,261

(7,611

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

19,161

(7,711

)

SHAREHOLDERS' FUNDS

19,261

(7,611

)

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 directors acknowledge their 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 Board of Directors on 31 March 2015 and were signed on its behalf by:

Mr S Southern - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis which assumes that the

company will continue to trade. The validity of the assumption is dependent on the continuing support

of the company's director.

Accordingly, no adjustments have been made to the valuation basis of assets and liabilities. An

alternative basis of valuation may have been required had the going concern assumption been found

to be inappropriate, or the director's support withdrawn.

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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

233

Additions

31,597

At 30 June 2014

31,830

DEPRECIATION

At 1 July 2013

129

Charge for year

6,700

At 30 June 2014

6,829

NET BOOK VALUE

At 30 June 2014

25,001

At 30 June 2013

104

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mr S Southern, a director and shareholder was owed £31,253 as at 30 June 2014 (2013: £33,288) and

related to money introduced into the company.