NRG Power Systems Limited - Limited company - abbreviated - 11.9

NRG Power Systems Limited - Limited company - abbreviated - 11.9

NRG POWER SYSTEMS LIMITED - Company Information

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REGISTERED NUMBER: 04648165 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 January 2015

for

NRG Power Systems Limited

NRG Power Systems Limited (Registered number: 04648165)

Contents of the Abbreviated Accounts
for the year ended 31 January 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

NRG Power Systems Limited

Company Information
for the year ended 31 January 2015







DIRECTORS: N Thomson
D J Harding





SECRETARY: N Thomson





REGISTERED OFFICE: 15 Marshall Avenue
Worthing
West Sussex
BN14 0ES





REGISTERED NUMBER: 04648165 (England and Wales)





ACCOUNTANTS: AYP Advisory Limited
Chartered Accountants
15 Marshall Avenue
Worthing
West Sussex
BN14 0ES
Page 1
NRG Power Systems Limited (Registered number: 04648165)

Abbreviated Balance Sheet
31 January 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 9,000 -
Tangible assets 3 111,863 1,090
120,863 1,090

CURRENT ASSETS
Stocks 12,000 9,000
Debtors 218,654 431,603
Cash at bank 297,415 251,020
528,069 691,623
CREDITORS
Amounts falling due within one year 139,323 239,631
NET CURRENT ASSETS 388,746 451,992
TOTAL ASSETS LESS CURRENT
LIABILITIES
509,609
453,082

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 509,509 452,982
SHAREHOLDERS' FUNDS 509,609 453,082

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2015 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 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 26 November 2015 and were signed on its behalf
by:





N Thomson - Director


The notes form part of these abbreviated accounts

Page 2
NRG Power Systems Limited (Registered number: 04648165)

Notes to the Abbreviated Accounts
for the year ended 31 January 2015


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.

Franchise fees
Franchise fees are amortised on a straight line basis over the period of the franchise.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 9,000
At 31 January 2015 9,000
NET BOOK VALUE

At 31 January 2015 9,000

Page 3 continued...
NRG Power Systems Limited (Registered number: 04648165)

Notes to the Abbreviated Accounts - continued
for the year ended 31 January 2015


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2014 9,483
Additions 111,336
At 31 January 2015 120,819
DEPRECIATION
At 1 February 2014 8,393
Charge for year 563
At 31 January 2015 8,956
NET BOOK VALUE
At 31 January 2015 111,863
At 31 January 2014 1,090

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 4