Accounts filed on 31-03-2016


Registered number: SC279177






Northern Energy Developments Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/03/2016
























Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN


Northern Energy Developments Limited


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/03/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is SC279177


Registered Number: SC279177

BALANCE SHEET AT 31/03/2016

			2016		2015
	Notes		£		£


CURRENT ASSETS
Stock		44,641		54,498
Debtors (amounts falling due within one year)	2	95,412		361
Cash at bank and in hand		190,068		-
		330,121		54,859
CREDITORS: Amounts falling due within one year		80,891		480,724
NET CURRENT ASSETS / (LIABILITIES)			249,230		(425,865)
TOTAL ASSETS LESS CURRENT LIABILITIES			249,230		(425,865)


CREDITORS: Amounts falling due after more than one year	3		-		153,386

NET ASSETS / (LIABILITIES)			249,230		(579,251)

CAPITAL AND RESERVES

Called up share capital	4		240		240
Profit and loss account			248,990		(579,491)
SHAREHOLDERS' FUNDS			249,230		(579,251)

For the year ending 31/03/2016 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 13/07/2016 and signed on their behalf by




R F Tickell
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




2. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
VAT	93,172	121
Other debtors	2,240	240
	95,412	361




3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Bank loans and overdrafts	-	85,386
Trade creditors	-	68,000
	-	153,386




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
240 Ordinary shares of £1 each	240	240
	240	240