Abbreviated Company Accounts - POWERDEV LIMITED

04106759 POWERDEV LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04106759 2015-04-01 2016-03-31 04106759 2016-03-31 04106759 2015-03-31 04106759 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04106759 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director4 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director4 2016-03-31 uk-gaap-cd-bus:Director4 2015-03-31 iso4217:GBP shares

Registered Number 04106759

POWERDEV LIMITED

Abbreviated Accounts

31 March 2016

POWERDEV LIMITED Registered Number 04106759

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	111	454
		111	454
Current assets
Debtors		27,204	6,090
Cash at bank and in hand		13,186	43,321
		40,390	49,411
Creditors: amounts falling due within one year		(39,544)	(39,546)
Net current assets (liabilities)		846	9,865
Total assets less current liabilities		957	10,319
Total net assets (liabilities)		957	10,319
Capital and reserves
Called up share capital		2	2
Profit and loss account		955	10,317
Shareholders' funds		957	10,319

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 5 December 2016

And signed on their behalf by:
Mr E P Brewster, Director

POWERDEV LIMITED Registered Number 04106759

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Computer equipment: Over 3 years

2Tangible fixed assets

	£
Cost
At 1 April 2015	15,845
Additions	167
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	16,012
Depreciation
At 1 April 2015	15,391
Charge for the year	510
On disposals	-
At 31 March 2016	15,901
Net book values
At 31 March 2016	111
At 31 March 2015	454

3Transactions with directors

Name of director receiving advance or credit:	Mr E P Brewster
Description of the transaction:	Interest-free short term loan
Balance at 1 April 2015:	£ 0
Advances or credits made:	£ 9,000
Advances or credits repaid:	-
Balance at 31 March 2016:	£ 9,000

Name of director receiving advance or credit:	Mr S N Wilding
Description of the transaction:	Interest-free short term loan
Balance at 1 April 2015:	£ 0
Advances or credits made:	£ 9,000
Advances or credits repaid:	-
Balance at 31 March 2016:	£ 9,000