Abbreviated Company Accounts - POWER DEMAND LTD

Abbreviated Company Accounts - POWER DEMAND LTD


Registered Number 09485730

POWER DEMAND LTD

Abbreviated Accounts

31 March 2016

POWER DEMAND LTD Registered Number 09485730

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016
£
Fixed assets
Tangible assets 2 27,040
27,040
Current assets
Debtors 1,448
Cash at bank and in hand 37,179
38,627
Prepayments and accrued income 20
Creditors: amounts falling due within one year (51,029)
Net current assets (liabilities) (12,382)
Total assets less current liabilities 14,658
Total net assets (liabilities) 14,658
Capital and reserves
Called up share capital 3 100
Profit and loss account 14,558
Shareholders' funds 14,658
  • 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 6 November 2016

And signed on their behalf by:
Mr R Walker, Director
Mr J Cole, Director

POWER DEMAND LTD Registered Number 09485730

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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 20% on reducing balance

2Tangible fixed assets
£
Cost
Additions 33,800
Disposals -
Revaluations -
Transfers -
At 31 March 2016 33,800
Depreciation
Charge for the year 6,760
On disposals -
At 31 March 2016 6,760
Net book values
At 31 March 2016 27,040
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
100 Ordinary shares of £1 each 100