STRONG ENERGY SOLUTIONS LIMITED

STRONG ENERGY SOLUTIONS LIMITED

STRONG ENERGY SOLUTIONS LIMITED - Company Information

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STRONG ENERGY SOLUTIONS LIMITED

Company Registration Number:
07062910 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2019

Period of accounts

Start date: 01 January 2019

End date: 31 December 2019

STRONG ENERGY SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2019

Balance sheet
Notes

STRONG ENERGY SOLUTIONS LIMITED

Balance sheet

As at 31 December 2019


Notes
2019
2018


£
£
Fixed assets
Investments: 3 0 6,750,000
Total fixed assets: 0 6,750,000
Current assets
Stocks: 75,983
Debtors:   2,970 110,285
Cash at bank and in hand: 21,298 140,664
Total current assets: 100,251 250,949
Creditors: amounts falling due within one year:   (97,096)
Net current assets (liabilities): 3,155 250,949
Total assets less current liabilities: 3,155 7,000,949
Creditors: amounts falling due after more than one year:     (219,153)
Total net assets (liabilities): 3,155 6,781,796
Capital and reserves
Called up share capital: 100 100
Other reserves:   6,750,000
Profit and loss account: 3,055 31,696
Shareholders funds: 3,155 6,781,796

The notes form part of these financial statements

STRONG ENERGY SOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 July 2020
and signed on behalf of the board by:

Name: Jeffrey Tomlinson
Status: Director

The notes form part of these financial statements

STRONG ENERGY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

1. Accounting policies

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

STRONG ENERGY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

2. Employees

2019 2018
Average number of employees during the period 4 4

STRONG ENERGY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

3. Fixed investments

The investment has been revalued to £Nil on the balance sheet based upon the joint venture no longer being a going concern as of February 2020. The impairment equates to £6.75M as recorded on the statement of comprehensive income. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the jointed venture arising before or after the date of acquisition.