Narec Distributed Energy Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08183909 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 October 2015

for

Narec Distributed Energy Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A J Stewart

Mrs L M Brown

Mr N J Davies

Mr T R Bradley

Mr A Neumann

REGISTERED OFFICE:

Narec Brunel Building

64 Regent Street

Blyth

Northumberland

NE24 1LT

REGISTERED NUMBER:

08183909 (England and Wales)

ACCOUNTANTS:

Paul Connon, FFA, FFTA

Brunel Building

64 Regent Street

Blyth

Northumberland

NE24 1LT

CURRENT ASSETS

Debtors

33,098

65,319

Cash at bank and in hand

148,172

52,417

181,270

117,736

CREDITORS

Amounts falling due within one year

42,267

56,370

NET CURRENT ASSETS

139,003

61,366

TOTAL ASSETS LESS CURRENT LIABILITIES

139,003

61,366

CAPITAL AND RESERVES

Called up share capital

2

200

200

Profit and loss account

138,803

61,166

SHAREHOLDERS' FUNDS

139,003

61,366

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 1 April 2016 and were signed on its behalf by:

Mr A J Stewart - 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.

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.

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.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

200

Ordinary

£1

200

200