Powersave Northwest Limited - Abbreviated accounts 16.3

Powersave Northwest Limited - Abbreviated accounts 16.3

POWERSAVE NORTHWEST LIMITED - Company Information

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REGISTERED NUMBER: 07522334 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 29 February 2016

for

Powersave Northwest Limited

Powersave Northwest Limited (Registered number: 07522334)






Contents of the Abbreviated Accounts
for the Year Ended 29 February 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Report of the Accountants 4

Powersave Northwest Limited

Company Information
for the Year Ended 29 February 2016







DIRECTOR: S Aitken





SECRETARY:





REGISTERED OFFICE: 1a Davyhulme Circle
Urmston
Manchester
Greater Manchester
M41 0ST





REGISTERED NUMBER: 07522334 (England and Wales)





ACCOUNTANTS: John A. Walker Accountancy Services
1a Davyhulme Circle
Urmston
Manchester
Greater Manchester
M41 0ST
Page 1
Powersave Northwest Limited (Registered number: 07522334)

Abbreviated Balance Sheet
29 February 2016

29.2.16 28.2.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 8,435 1,412

CURRENT ASSETS
Stocks 1,750 1,750
Debtors - 2,000
Cash in hand 561 561
2,311 4,311
CREDITORS
Amounts falling due within one
year
2,732
5,127
NET CURRENT LIABILITIES (421 ) (816 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
8,014
596

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 8,013 595
8,014 596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with
Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state
of affairs of the company as at the end of each financial year and of its
profit or loss for each financial year in accordance with the requirements
of Sections 394 and 395 and which otherwise comply with the requirements of
the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 30 November 2016 and
were signed by:





S Aitken - Director


The notes form part of these abbreviated accounts

Page 2
Powersave Northwest Limited (Registered number: 07522334)

Notes to the Abbreviated Accounts
for the Year Ended 29 February 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost
convention and in accordance with the Financial Reporting Standard for
Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

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


Stocks
Stocks are valued at the lower of cost and net realisable value, after
making due allowance for obsolete and slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have
originated but not reversed at the balance sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015 2,300
Additions 8,512
At 29 February 2016 10,812
DEPRECIATION
At 1 March 2015 888
Charge for year 1,489
At 29 February 2016 2,377
NET BOOK VALUE
At 29 February 2016 8,435
At 28 February 2015 1,412

3. CALLED UP SHARE CAPITAL

** POSTING HAS BEEN MADE TO SHARE CAPITAL 1 ACCOUNT ON TRIAL BALANCE BUT NO
CORRESPONDING ENTRY HAS BEEN MADE ON CLIENT SCREEN FOR SHARE CAPITAL 1
THIS NOTE WILL THEREFORE NOT AGREE TO AMOUNT SHOWN ON
BALANCE SHEET


Page 3
Powersave Northwest Limited

Report of the Accountants to the Director of
Powersave Northwest Limited

The following reproduces the text of the report prepared for the director in
respect of the company's annual unaudited financial statements, from which the
unaudited abbreviated accounts (set out on pages two to three) have been
prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 29 February 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






John A. Walker Accountancy Services
1a Davyhulme Circle
Urmston
Manchester
Greater Manchester
M41 0ST


Date: .............................................

This page does not form part of the abbreviated accounts

Page 4