Green LED Solutions Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07748624 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Green LED Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Darar

REGISTERED OFFICE:

Kings House

202 Lower High Street

Watford

Hertfordshire

WD17 2EH

REGISTERED NUMBER:

07748624 (England and Wales)

CURRENT ASSETS

Stocks

685

3,119

Debtors

11,258

10,221

Cash at bank

4,360

-

16,303

13,340

CREDITORS

Amounts falling due within one year

15,831

7,854

NET CURRENT ASSETS

472

5,486

TOTAL ASSETS LESS CURRENT LIABILITIES

472

5,486

CAPITAL AND RESERVES

Called up share capital

2

10,000

10,000

Profit and loss account

(9,528

)

(4,514

)

SHAREHOLDERS' FUNDS

472

5,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director on 23 September 2015 and were signed by:

C Darar - Director

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

10,000

Share capital 1

£1

10,000

10,000