Energy Technical & Renewable Services Lt - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06356521 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

FOR

ENERGY TECHNICAL & RENEWABLE SERVICES

LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr A R Cotton

SECRETARY:

S J Cotton

REGISTERED OFFICE:

90 High Street

Kelvedon

Colchester

CO5 9AA

REGISTERED NUMBER:

06356521 (England and Wales)

ACCOUNTANTS:

B.W. Whiffin & Co Ltd

90 High Street

Kelvedon

Colchester

CO5 9AA

FIXED ASSETS

Tangible assets

2

1,047

1,398

Investments

3

9,382

3,015

10,429

4,413

CURRENT ASSETS

Debtors

66,854

29,635

Prepayments and accrued income

500

500

Cash at bank

167,913

141,195

235,267

171,330

CREDITORS

Amounts falling due within one year

47,525

33,062

NET CURRENT ASSETS

187,742

138,268

TOTAL ASSETS LESS CURRENT LIABILITIES

198,171

142,681

PROVISIONS FOR LIABILITIES

336

407

NET ASSETS

197,835

142,274

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

197,833

142,272

SHAREHOLDERS' FUNDS

197,835

142,274

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 4 February 2016 and were signed by:

Mr A R Cotton - 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 the value of work carried out during the accounting period, excluding value added tax

payable to HM Revenue & Customs.

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 reducing balance

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

4,294

DEPRECIATION

At 1 June 2014

2,896

Charge for year

351

At 31 May 2015

3,247

NET BOOK VALUE

At 31 May 2015

1,047

At 31 May 2014

1,398

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2014

3,015

Additions

6,367

At 31 May 2015

9,382

NET BOOK VALUE

At 31 May 2015

9,382

At 31 May 2014

3,015

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

2

Ordinary

£1

2

2

The issued share capital is designated as 1 Ordinary A share of £1 and 1 Ordinary B share of £1, all of the issued

shares rank equally with each other in all respects.

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2015 and

31 May 2014:

31.5.15

31.5.14

£

£

Mr A R Cotton

Balance outstanding at start of year

-

-

Amounts advanced

92,000

-

Amounts repaid

(39,850

)

-

Balance outstanding at end of year

52,150

-

During the year the amounts above were advanced to the director as loans interest has been paid on the loan

balances at a rate equal to HMRC's beneficial loan rate. The loan balance including interest has been repaid since

the year end.