J & L Renewables Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08737172 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

J & L Renewables Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr J G B Lewis

Mrs L M Lewis

REGISTERED OFFICE:

The Mill

Station Road

Wigton

Cumbria

CA7 9BA

REGISTERED NUMBER:

08737172 (England and Wales)

ACCOUNTANTS:

Marrs Benson

Chartered Accountants

The Mill

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Tangible assets

2

381,392

483,872

CURRENT ASSETS

Debtors

22,417

57,221

Cash at bank

238,622

37,524

261,039

94,745

CREDITORS

Amounts falling due within one year

484,713

603,557

NET CURRENT LIABILITIES

(223,674

)

(508,812

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

157,718

(24,940

)

PROVISIONS FOR LIABILITIES

31,503

-

NET ASSETS/(LIABILITIES)

126,215

(24,940

)

CAPITAL AND RESERVES

Called up share capital

3

200

Profit and loss account

126,015

(25,140

)

SHAREHOLDERS' FUNDS

126,215

(24,940

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 23 November 2016 and were signed on its behalf
by:

Mr J G B Lewis - Director

Mrs L M Lewis - Director

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.

Plant and machinery

-

15% on reducing balance

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

569,261

Additions

100

Disposals

(41,500

)

At 31 March 2016

527,861

DEPRECIATION

At 1 April 2015

85,389

Charge for year

67,319

Eliminated on disposal

(6,239

)

At 31 March 2016

146,469

NET BOOK VALUE

At 31 March 2016

381,392

At 31 March 2015

483,872

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

"A" Ordinary

£1

100

"B" Ordinary

£1

100

200