SAVING ENERGY GROUP LIMITED Accounts


SAVING ENERGY GROUP LIMITED ABBREVIATED ACCOUNTS COVER
SAVING ENERGY GROUP LIMITED
Company No. 07565987
Abbreviated Accounts
31 March 2016
SAVING ENERGY GROUP LIMITED ABBREVIATED BALANCE SHEET
at
31 March 2016
Company No.
07565987
Notes
2016
2015
£
£
Current assets
Debtors
5649,375
Cash at bank and in hand
919294
1,4839,669
Creditors: Amounts falling due within one year
(15,933)
(12,014)
Net current liabilities
(14,450)
(2,345)
Total assets less current liabilities
(14,450)
(2,345)
Net liabilities
(14,450)
(2,345)
Capital and reserves
Called up share capital
2
1010
Profit and loss account
(14,460)
(2,355)
Shareholder's funds
(14,450)
(2,345)
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 15 November 2016
And signed on its behalf by:
J.R. Gooch
Director
15 November 2016
SAVING ENERGY GROUP LIMITED NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 31 March 2016
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].
Turnover
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
2
Share Capital
Nominal value
2016
2016
2015
£
Number
£
£
Allotted, called up and fully paid:
Ordinary1.00101010
10
10
SAVING ENERGY GROUP LIMITED31 March 201631 March 20160756598701 April 2015falsetrue15 November 201615 November 2016075659872015-04-012016-03-31075659872016-03-31075659872015-03-3107565987uk-bus:OrdinaryShareClass12015-04-012016-03-3107565987uk-bus:OrdinaryShareClass12016-03-3107565987uk-bus:OrdinaryShareClass12015-03-31075659872015-04-0107565987uk-bus:Director12015-04-012016-03-31iso4217:GBPxbrli:shares