Abbreviated Company Accounts - LONDON SOLAR LIMITED

Abbreviated Company Accounts - LONDON SOLAR LIMITED


Registered Number 05426707

LONDON SOLAR LIMITED

Abbreviated Accounts

31 October 2014

LONDON SOLAR LIMITED Registered Number 05426707

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,890 3,400
2,890 3,400
Current assets
Debtors 7,162 9,408
7,162 9,408
Creditors: amounts falling due within one year (69,304) (62,250)
Net current assets (liabilities) (62,142) (52,842)
Total assets less current liabilities (59,252) (49,442)
Total net assets (liabilities) (59,252) (49,442)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (59,352) (49,542)
Shareholders' funds (59,252) (49,442)
  • For the year ending 31 October 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 18 September 2015

And signed on their behalf by:
Dominic Skeaping, Director

LONDON SOLAR LIMITED Registered Number 05426707

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax 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 of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures, fittings and equipment - 15% reducing balance

2Tangible fixed assets
£
Cost
At 1 November 2013 9,319
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2014 9,319
Depreciation
At 1 November 2013 5,919
Charge for the year 510
On disposals -
At 31 October 2014 6,429
Net book values
At 31 October 2014 2,890
At 31 October 2013 3,400
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100