Abbreviated Company Accounts - MEASURED ENERGY EUROPE LTD

Abbreviated Company Accounts - MEASURED ENERGY EUROPE LTD


Registered Number 08467119

MEASURED ENERGY EUROPE LTD

Abbreviated Accounts

31 March 2016

MEASURED ENERGY EUROPE LTD Registered Number 08467119

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 3,037 1,082
3,037 1,082
Current assets
Debtors 28,772 171,616
Cash at bank and in hand 181,783 32,883
210,555 204,499
Creditors: amounts falling due within one year (46,886) (68,267)
Net current assets (liabilities) 163,669 136,232
Total assets less current liabilities 166,706 137,314
Total net assets (liabilities) 166,706 137,314
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 166,705 137,313
Shareholders' funds 166,706 137,314
  • For the year ending 31 March 2016 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 31 May 2016

And signed on their behalf by:
Mr R H Evans, Director

MEASURED ENERGY EUROPE LTD Registered Number 08467119

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment 25% Reducing Balance
Fixtures, fittings & equipment 20% Straight Line

2Tangible fixed assets
£
Cost
At 1 April 2015 1,748
Additions 2,841
Disposals -
Revaluations -
Transfers -
At 31 March 2016 4,589
Depreciation
At 1 April 2015 666
Charge for the year 886
On disposals -
At 31 March 2016 1,552
Net book values
At 31 March 2016 3,037
At 31 March 2015 1,082
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1