Abbreviated Company Accounts - RENEWABLE SOLARTECH LIMITED

RENEWABLE SOLARTECH LIMITED - Company Information

08334670 RENEWABLE SOLARTECH LIMITED 2013-12-31 false 2012-12-18 2013-12-31 true 08334670 2012-12-18 2013-12-31 08334670 2013-12-31 08334670 uk-gaap-cd-bus:Director1 2012-12-18 2013-12-31 08334670 uk-gaap-cd-bus:Director2 2012-12-18 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-18 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 08334670

RENEWABLE SOLARTECH LIMITED

Abbreviated Accounts

31 December 2013

RENEWABLE SOLARTECH LIMITED Registered Number 08334670

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013
		£
Fixed assets
Tangible assets	2	58,716
		58,716
Current assets
Debtors	3	70,219
Cash at bank and in hand		4,462,277
		4,532,496
Creditors: amounts falling due within one year		(28,566)
Net current assets (liabilities)		4,503,930
Total assets less current liabilities		4,562,646
Total net assets (liabilities)		4,562,646
Capital and reserves
Called up share capital	4	50,000
Share premium account		4,775,192
Profit and loss account		(262,546)
Shareholders' funds		4,562,646

For the year ending 31 December 2013 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 16 September 2014

And signed on their behalf by:
Matthew Black, Director

RENEWABLE SOLARTECH LIMITED Registered Number 08334670

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective April 2008). The financial statements have also been prepared in accordance with the applicable accounting standards in the United Kingdom (United Kingdom Generally Accepted Accounting Practice) which have been applied consistently (except as otherwise stated).
The financial statements have been prepared on a going concern basis.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is charged to write off the cost of fixed assets, less their estimated residual value, over their expected useful economic lives on the following basis:

- Photovoltaic installations - Straight line over 25 years

2Tangible fixed assets

	£
Cost
Additions	59,465
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	59,465
Depreciation
Charge for the year	749
On disposals	-
At 31 December 2013	749
Net book values
At 31 December 2013	58,716

3Debtors

VAT - 62,873
Prepayments - 531
Other debtors - 6,815
Total - 70,219

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £
5,000,000 Ordinary shares of £0.01 each	50,000