PV Generation Limited - Limited company - abbreviated - 11.6

PV Generation Limited - Limited company - abbreviated - 11.6

PV GENERATION LIMITED - Company Information

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REGISTERED NUMBER: 07721561 (England and Wales)















PV GENERATION LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014













PV GENERATION LIMITED (REGISTERED NUMBER: 07721561)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

PV GENERATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2014







DIRECTORS: Dr H Clemmey
A A Yazdabadi





SECRETARY: G L Whitehouse





REGISTERED OFFICE: 5th Floor
Ergon House
Horseferry Road
London
SW1P 2AL





REGISTERED NUMBER: 07721561 (England and Wales)





Page 1
PV GENERATION LIMITED (REGISTERED NUMBER: 07721561)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 889,608 929,370

CURRENT ASSETS
Debtors 68,225 65,468
Cash at bank 14,103 18,810
82,328 84,278
CREDITORS
Amounts falling due within one year 3 5,979 48,531
NET CURRENT ASSETS 76,349 35,747
TOTAL ASSETS LESS CURRENT
LIABILITIES
965,957
965,117

CREDITORS
Amounts falling due after more than one
year
3
700,000
700,000
NET ASSETS 265,957 265,117

CAPITAL AND RESERVES
Called up share capital 4 6,000 6,000
Share premium 297,000 297,000
Profit and loss account (37,043 ) (37,883 )
SHAREHOLDERS' FUNDS 265,957 265,117

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 notes form part of these abbreviated accounts

Page 2 continued...
PV GENERATION LIMITED (REGISTERED NUMBER: 07721561)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2014


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 18 June 2015 and were signed on its behalf by:





A A Yazdabadi - Director


The notes form part of these abbreviated accounts

Page 3
PV GENERATION LIMITED (REGISTERED NUMBER: 07721561)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014


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).

Exemption from preparing a cash flow statement
The company has not prepared a cashflow statement as it qualifies as a small company under the Companies Act
2006 and as such has taken the exemption conferred under FRS Cash Flow Statements and the small companies
regime.

Turnover
Turnover represents sales of electricity net of value added tax. During the year all turnover was attributable to
markets within the UK.

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 etc - 4% on cost

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

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in
preparing the annual financial statements.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013
and 30 September 2014 994,044
DEPRECIATION
At 1 October 2013 64,674
Charge for year 39,762
At 30 September 2014 104,436
NET BOOK VALUE
At 30 September 2014 889,608
At 30 September 2013 929,370

3. CREDITORS

Creditors include an amount of £ 700,000 (2013 - £ 700,000 ) for which security has been given.

Page 4 continued...
PV GENERATION LIMITED (REGISTERED NUMBER: 07721561)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2014


4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
300,000 Ordinary 'A' .01 3,000 3,000
300,000 Ordinary 'B' .01 3,000 3,000
6,000 6,000

Page 5