Crug Mawr Solar Farm Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07938614 (England and Wales)

CRUG MAWR SOLAR FARM LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1 APRIL 2015 TO 31 DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S P Mcbride

R Creamer

REGISTERED OFFICE:

21 St Thomas Street

Bristol

BS1 6JS

REGISTERED NUMBER:

07938614 (England and Wales)

FIXED ASSETS

Tangible assets

2

7,461,131

6,024,592

CURRENT ASSETS

Debtors

996,452

1,282,958

Cash at bank

672,587

8,175

1,669,039

1,291,133

CREDITORS

Amounts falling due within one year

8,897,726

7,257,472

NET CURRENT LIABILITIES

(7,228,687

)

(5,966,339

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

232,444

58,253

PROVISIONS FOR LIABILITIES

60,207

58,389

NET ASSETS/(LIABILITIES)

172,237

(136

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

172,236

(137

)

SHAREHOLDERS' FUNDS

172,237

(136

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 26 September 2016 and were signed on its behalf
by:

S P Mcbride - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis. The parent companies have confirmed they will

continue to finance the company to ensure it meets its financial liabilities as they fall due.

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

Straight line over 30 years

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

6,024,592

Additions

1,619,996

At 31 December 2015

7,644,588

DEPRECIATION

Charge for period

183,457

At 31 December 2015

183,457

NET BOOK VALUE

At 31 December 2015

7,461,131

At 31 March 2015

6,024,592

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

value:

£

1

Ordinary

1