Creative Solar Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07489981 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Creative Solar Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A J C Newman

R F Chamberlayne

S Mahon

A A Yazdabadi

REGISTERED OFFICE:

Delta Place

27 Bath Road

Cheltenham

Gloucestershire

GL53 7TH

REGISTERED NUMBER:

07489981 (England and Wales)

ACCOUNTANTS:

Botham Accounting Limited

Chartered Accountants

14 Clarendon Street

Nottingham

Nottinghamshire

NG1 5HQ

FIXED ASSETS

Tangible assets

2

1,667,283

1,745,288

CURRENT ASSETS

Debtors

76,441

47,622

Cash at bank

23,349

318,178

99,790

365,800

CREDITORS

Amounts falling due within one year

1,477,896

27,869

NET CURRENT (LIABILITIES)/ASSETS

(1,378,106

)

337,931

TOTAL ASSETS LESS CURRENT
LIABILITIES

289,177

2,083,219

CAPITAL AND RESERVES

Called up share capital

3

19,800

Share premium

-

1,821,315

Profit and loss account

269,377

242,104

SHAREHOLDERS' FUNDS

289,177

2,083,219

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

The members have not required the company to obtain an audit of its financial statements for the year 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 30 September 2016 and were signed on
its behalf by:

A A Yazdabadi - 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 January 2015).

Exemption from preparing a cash flow statement

The company has not prepared a cash flow statement as it qualifies as a small company under the

Companies Act 2006 and as such has taken the exemption conferred under FRS 1 cash flow

Statements and the small companies regime.

Turnover

Turnover for the period represents sales of electricity and Feed in Tariffs net of any applicable 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 & equipment

- straight line over 25 years

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

1,950,123

DEPRECIATION

At 1 January 2015

204,835

Charge for year

78,005

At 31 December 2015

282,840

NET BOOK VALUE

At 31 December 2015

1,667,283

At 31 December 2014

1,745,288

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1,980,001

Ordinary A Shares

1p

19,800

4.	ULTIMATE PARENT COMPANY

Alternate Energy Income Limited is regarded by the directors as being the company's ultimate parent

company.

The immediate parent company is AEI Holdco Limited.