Company Registration No. 07067835 (England and Wales)
Derwent Energy Services Ltd
Abbreviated unaudited accounts
for the year ended 31 March 2016
Derwent Energy Services Ltd
Abbreviated Balance Sheet
as at 31 March 2016
Tangible assets
2,890
1,549
Cash at bank and in hand
79,892
24,650
Creditors: amounts falling due within one year
(25,964)
(26,017)
Net current assets/(liabilities)
53,928
(1,367)
Called up share capital
100
100
Profit and loss account
56,718
82
Total shareholders' funds
56,818
182
For the year ending 31 March 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 10 May 2016
Nicholas James Gant
Director
Company Registration No. 07067835
Derwent Energy Services Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2
Tangible fixed assets
Plant & machinery
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
