Aeolus Power Group Limited - Period Ending 2016-03-31
Aeolus Power Group Limited - Period Ending 2016-03-31
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Aeolus Power Group Limited
Contents
|
|||
|
|||
|
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 Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Aeolus Power Group Limited
for the Year Ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aeolus Power Group Limited for the year ended 31 March 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Aeolus Power Group Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Aeolus Power Group Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aeolus Power Group Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Aeolus Power Group Limited 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 Aeolus Power Group Limited. You consider that Aeolus Power Group Limited 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 Aeolus Power Group Limited. 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.
......................................
Fuller & Roper Limited
Chartered Accountants
The Counting House
Church Farm Business Park
Corston
Bath
BA2 9AP
19 December 2016
Aeolus Power Group Limited
(Registration number: 08649368)
Abbreviated Balance Sheet at 31 March 2016
Note |
2016
|
2015
|
|||||||
Fixed assets |
|||||||||
Investments |
|
|
|||||||
Current assets |
|||||||||
Debtors |
- |
|
|||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net current liabilities |
( |
( |
|||||||
Net assets |
|
|
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Shareholders' funds |
|
|
Approved by the Board on
......................................... |
......................................... |
2
Aeolus Power Group Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
Fixed asset investments
Financial instruments
Fixed assets |
Investments
|
Total
|
|||||
Cost |
||||||
At 1 April 2015 |
400 |
400 |
||||
Disposals |
(100) |
(100) |
||||
At 31 March 2016 |
300 |
300 |
||||
Depreciation |
||||||
At 31 March 2016 |
- |
- |
||||
Net book value |
||||||
At 31 March 2016 |
|
|
||||
At 31 March 2015 |
|
|
|
Details of undertakings |
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Country of incorporation |
Holding |
Proportion of voting rights and shares held |
Principal activity |
Subsidiary undertakings |
||||
|
England & Wales |
Ordinary |
|
|
Aeolus Power Group Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
|
England & Wales |
Ordinary |
|
|
|
England & Wales |
Ordinary |
|
|
The loss for the financial period of Aeolus Power (Wind Energy) Limited was £209,461 and the aggregate amount of capital and reserves at the end of the period was £1,586,917.
The loss for the financial period of Aeolus Power (Wind Energy) Distribution Limited was £298,666 and the aggregate amount of capital and reserves at the end of the period was (£547,122).
The profit for the financial period of Aeolus Power (Biomass) Limited was £136,469 and the aggregate amount of capital and reserves at the end of the period was £2,474.
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||
Related party transactions |
During the year dividends to the value of £10,000 (2015 - £0) were paid to the directors of the company.