Abbreviated Company Accounts - CLASS ENERGY LTD

07473716 CLASS ENERGY LTD 2015-12-31 false 2015-01-01 2015-12-31 true 07473716 2015-01-01 2015-12-31 07473716 2015-12-31 07473716 2014-12-31 07473716 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 07473716 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 07473716

CLASS ENERGY LTD

Abbreviated Accounts

31 December 2015

CLASS ENERGY LTD Registered Number 07473716

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	50	71
		50	71
Current assets
Debtors		31,038	4,470
Cash at bank and in hand		11,353	10,307
		42,391	14,777
Creditors: amounts falling due within one year		(41,997)	(13,319)
Net current assets (liabilities)		394	1,458
Total assets less current liabilities		444	1,529
Total net assets (liabilities)		444	1,529
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		443	1,528
Shareholders' funds		444	1,529

For the year ending 31 December 2015 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 7 September 2016

And signed on their behalf by:
Chris Cash, Director

CLASS ENERGY LTD Registered Number 07473716

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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:
Fixtures, fittings & equipment 25% Straight line

2Tangible fixed assets

	£
Cost
At 1 January 2015	83
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	83
Depreciation
At 1 January 2015	12
Charge for the year	21
On disposals	-
At 31 December 2015	33
Net book values
At 31 December 2015	50
At 31 December 2014	71

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1