Company Registration No. 09866993 (England and Wales)
Ingham Renewables Limited
Unaudited accounts
for the year ended 30 November 2019
Ingham Renewables Limited
Unaudited accounts
Contents
Ingham Renewables Limited
Company Information
for the year ended 30 November 2019
Directors
Arthur Jian Chien
Mark Prichard
Company Number
09866993 (England and Wales)
Registered Office
20 North Audley Street
London
W1K 6LX
United Kingdom
Ingham Renewables Limited
Statement of financial position
as at 30 November 2019
Tangible assets
137,000
70,000
Cash at bank and in hand
528,002
-
Creditors: amounts falling due within one year
(538,785)
(182,652)
Net current liabilities
(10,783)
(182,652)
Net assets/(liabilities)
126,217
(112,652)
Called up share capital
100
100
Profit and loss account
(123,535)
(112,752)
Shareholders' funds
126,217
(112,652)
For the year ending 30 November 2019 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2020 and were signed on its behalf by
Arthur Jian Chien
Director
Company Registration No. 09866993
Ingham Renewables Limited
Notes to the Accounts
for the year ended 30 November 2019
Ingham Renewables Limited is a private company, limited by shares, registered in England and Wales, registration number 09866993. The registered office is 20 North Audley Street, London, W1K 6LX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on the going concern basis which assumes that the company will be able to continue trading for the foreseeable future. The directors, having made reasonable enquiries, have determined that agreements in place will ensure that the business has the required resources to continue trading for the foreseeable future.
As such, the directors are satisfied that preparation on the going concern basis is appropriate.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Over the operating life of the asset - 40 years
In a previous period certain costs which should have been capitalised on the balance sheet were recorded in the profit and loss account. In these financial statements these costs have been restated resulting in an increase in the fixed asset balance of £70,000 and the equivalent reduction in retained losses brought forward in the comparative period presented.
Ingham Renewables Limited
Notes to the Accounts
for the year ended 30 November 2019
4
Tangible fixed assets
Plant & machinery
At 30 November 2019
137,000
At 30 November 2019
137,000
At 30 November 2018
70,000
5
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
980,429
-
Other creditors
(441,644)
182,652
6
Average number of employees
During the year the average number of employees was 0 (2018: 0).
