Abbreviated Company Accounts - GREENER ENERGY SAVINGS LTD

GREENER ENERGY SAVINGS LTD - Company Information

SC494911 GREENER ENERGY SAVINGS LTD 2016-03-31 false 2015-01-13 2016-03-31 true SC494911 2015-01-13 2016-03-31 SC494911 2016-03-31 SC494911 uk-gaap-cd-bus:Director1 2015-01-13 2016-03-31 SC494911 uk-gaap-cd-bus:Director2 2015-01-13 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-13 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP shares

Registered Number SC494911

GREENER ENERGY SAVINGS LTD

Abbreviated Accounts

31 March 2016

GREENER ENERGY SAVINGS LTD Registered Number SC494911

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	128
		128
Current assets
Cash at bank and in hand		3
		3
Creditors: amounts falling due within one year		(12,730)
Net current assets (liabilities)		(12,727)
Total assets less current liabilities		(12,599)
Total net assets (liabilities)		(12,599)
Capital and reserves
Called up share capital	3	2
Profit and loss account		(12,601)
Shareholders' funds		(12,599)

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 12 October 2016

And signed on their behalf by:
P CHALMERS, Director

GREENER ENERGY SAVINGS LTD Registered Number SC494911

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 January 2015.

Turnover policy
Turnover
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate
Computer equipment 33.33% on cost

Other accounting policies
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Tangible fixed assets

	£
Cost
Additions	192
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	192
Depreciation
Charge for the year	64
On disposals	-
At 31 March 2016	64
Net book values
At 31 March 2016	128

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

	2016 £
2 Ordinary shares of £1 each	2