Claydon Microgeneration Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07217520 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 APRIL 2015

FOR

CLAYDON MICROGENERATION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G M Bates

SECRETARY:

G M Bates

REGISTERED OFFICE:

Claydon House

Edison Road

Aylesbury

Buckinghamshire

HP19 8TE

REGISTERED NUMBER:

07217520 (England and Wales)

ACCOUNTANTS:

RJP LLP

2 AC Court

High Street

Thames Ditton

Surrey

KT7 0SR

FIXED ASSETS

Intangible assets

2

330

440

Tangible assets

3

-

518

330

958

CURRENT ASSETS

Debtors

1,290

14,071

Cash at bank

60

768

1,350

14,839

CREDITORS

Amounts falling due within one year

10,250

15,010

NET CURRENT LIABILITIES

(8,900

)

(171

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,570

)

787

CREDITORS

Amounts falling due after more than one year

224,866

208,625

NET LIABILITIES

(233,436

)

(207,838

)

CAPITAL AND RESERVES

Called up share capital

4

75

75

Capital redemption reserve

25

25

Profit and loss account

(233,536

)

(207,938

)

SHAREHOLDERS' FUNDS

(233,436

)

(207,838

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 April 2015 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 26 January 2016 and were signed by:

G M Bates - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents invoiced sales, net of value added tax, which are recognised in the profit and loss account

when an installation is completed.

Installations close to the period end are reviewed for their stage of completion to ensure turnover is recognised in

the period the installation was completed.

Intangible fixed assets

Amortisation is provided at the following annual rate in order to write off each asset over its estimated useful life.

Computer software - 20% on cost

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

-

25% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 29 April 2014

and 28 April 2015

550

AMORTISATION

At 29 April 2014

110

Amortisation for year

110

At 28 April 2015

220

NET BOOK VALUE

At 28 April 2015

330

At 28 April 2014

440

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 29 April 2014

and 28 April 2015

3,685

DEPRECIATION

At 29 April 2014

3,167

Charge for year

518

At 28 April 2015

3,685

NET BOOK VALUE

At 28 April 2015

-

At 28 April 2014

518

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.4.15

28.4.14

value:

£

£

75

Ordinary

£1

75

75

5.	ULTIMATE PARENT COMPANY

TRAK Special Projects Limited, a company registered in England and Wales, is the ultimate parent company.

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following loan from the director subsisted during the periods ended 28 April 2015 and 28 April 2014:

28.04.15

28.04.14

£

£

G M Bates

Balance outstanding at the start of year

-

(2,300

)

Amounts advanced

-

2,300

Amounts repaid

-

-

Balance outstanding at end of year

-

-

7.	GOING CONCERN

The company meets its day to day working capital requirements through funding from the ultimate parent

company TRAK Special Projects Limited.

The current trading conditions create uncertainty over the level of demand for the company's products and as a

result the company has employed measures to cut overheads.

The directors of the parent company have a reasonable expectation that the company and the parent company

have adequate resources to continue in operational existence for the foreseeable future. The parent company is

committed to supporting the company, accordingly the director continues to adopt the going concern basis in

preparing the financial statements.