Renewable Energy Warehouse Ltd - Period Ending 2016-02-29

RENEWABLE ENERGY WAREHOUSE LTD - Company Information

Registration number: 08866437

Renewable Energy Warehouse Ltd

Unaudited Abbreviated Accounts

for the Year Ended 29 February 2016

Munslows Accountants Ltd
Chartered Certified Accountants
54 Maidensbridge Road
Wall Heath
Kingswinford
West Midlands
DY6 0JB

Renewable Energy Warehouse Ltd

Contents

Accountants' Report	1
Abbreviated Balance Sheet	2
Notes to the Abbreviated Accounts	3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Renewable Energy Warehouse Ltd
for the Year Ended 29 February 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Renewable Energy Warehouse Ltd for the year ended 29 February 2016 set out on pages XX from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Renewable Energy Warehouse Ltd, as a body, in accordance with the terms of our engagement letter dated 28 February 2014. Our work has been undertaken solely to prepare for your approval the accounts of Renewable Energy Warehouse Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Renewable Energy Warehouse Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Renewable Energy Warehouse Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Renewable Energy Warehouse Ltd. You consider that Renewable Energy Warehouse Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Renewable Energy Warehouse Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Munslows Accountants Ltd
Chartered Certified Accountants
54 Maidensbridge Road
Wall Heath
Kingswinford
West Midlands
DY6 0JB

14 July 2016

Page 1

Renewable Energy Warehouse Ltd

(Registration number: 08866437)
Abbreviated Balance Sheet as at 29 February 2016

	Note	29 February 2016 £	28 February 2015 £
Fixed assets
Tangible assets	2	553	1,107
Current assets
Debtors		112,722	76,087
Cash at bank and in hand		32,708	4,338
		145,430	80,425
Creditors: Amounts falling due within one year		(116,144)	(66,878)
Net current assets		29,286	13,547
Total assets less current liabilities		29,839	14,654
Accruals and deferred income		(7,584)	(11,531)
Net assets		22,255	3,123
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		22,155	3,023
Shareholders funds		22,255	3,123

For the year ending 29 February 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 14 July 2016 and signed on its behalf by:

.........................................
S E Bell
Director

.........................................
G Mitchell
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Renewable Energy Warehouse Ltd

Notes to the Abbreviated Accounts

Accounting policies

Turnover

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

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

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
Office equipment	3 years straight line

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Fixed assets

	Tangible assets £	Total £
Cost
At 1 March 2015	1,660	1,660
At 29 February 2016	1,660	1,660
Depreciation
At 1 March 2015	553	553
Charge for the year	554	554
At 29 February 2016	1,107	1,107
Net book value
At 29 February 2016	553	553
At 28 February 2015	1,107	1,107

Page 3

Renewable Energy Warehouse Ltd

Notes to the Abbreviated Accounts

Share capital

Allotted, called up and fully paid shares

	29 February 2016		28 February 2015
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

Control

The directors are the controlling party by virtue of their controlling shareholding in the company.

Page 4