Abbreviated Company Accounts - CLASS ENERGY LTD

07473716 CLASS ENERGY LTD 2014-12-31 false 2014-01-01 2014-12-31 true 07473716 2014-01-01 2014-12-31 07473716 2014-12-31 07473716 2013-12-31 07473716 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07473716 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 07473716

CLASS ENERGY LTD

Abbreviated Accounts

31 December 2014

CLASS ENERGY LTD Registered Number 07473716

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	71	-
		71	-
Current assets
Debtors		4,470	3,968
Cash at bank and in hand		10,307	461
		14,777	4,429
Creditors: amounts falling due within one year		(13,319)	(4,110)
Net current assets (liabilities)		1,458	319
Total assets less current liabilities		1,529	319
Total net assets (liabilities)		1,529	319
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		1,528	318
Shareholders' funds		1,529	319

For the year ending 31 December 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 April 2015

And signed on their behalf by:
Mr C Cash, Director

CLASS ENERGY LTD Registered Number 07473716

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment - 25% Straight line

2Tangible fixed assets

	£
Cost
At 1 January 2014	-
Additions	83
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	83
Depreciation
At 1 January 2014	-
Charge for the year	12
On disposals	-
At 31 December 2014	12
Net book values
At 31 December 2014	71
At 31 December 2013	-

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1