ACCOUNTS - Final Accounts preparation

EDGE ENERGY PERFORMANCE COMPANY LIMITED - Company Information

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Registered number: 9080644

PELLI LIMITED

UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

PELLI LIMITED

CONTENTS

	Page
Accountants' report	1
Balance sheet	2
Notes to the abbreviated accounts	3 - 4

PELLI LIMITED

The following reproduces the text of the Chartered 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.

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PELLI LTD
FOR THE PERIOD ENDED 30 JUNE 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pelli Limited for the year ended 30 June 2016 which comprise the Profit and loss account, the Balance sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a firm registered with 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/membership/
regulations-standards-and-guidance.

This report is made solely to the Board of directors of Pelli Limited, as a body, in accordance with the terms of our engagement letter dated 23 November 2015. Our work has been undertaken solely to prepare for your approval the financial statements of Pelli Limited and state those matters that we have agreed to state to the Board of directors of Pelli Limited, as a body, in this report in accordance with ICAEW Technical release TECH07/16AAF . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pelli Limited and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that Pelli Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pelli Limited. You consider that Pelli Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Pelli 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 financial statements.

Madisons

Bushbury House

435 Wilmslow Road

Withington

Manchester

M20 4AF

23 December 2016

Page 1

PELLI LIMITED

REGISTERED NUMBER: 9080644

ABBREVIATED BALANCE SHEET

AS AT 30 JUNE 2016

2016

2015

	Note	£	£	£	£
FIXED ASSETS
Tangible assets	2		1,006		1,333

CURRENT ASSETS
Debtors	3	161		10,222
Cash at bank		6,236		13,968

		6,397		24,190
CREDITORS: amounts falling due within one year	4	(7,339)		(22,337)
NET CURRENT (LIABILITIES)/ASSETS			(942)		1,853

TOTAL ASSETS LESS CURRENT LIABILITIES

3,186

CAPITAL AND RESERVES
Called up share capital	5	2	2
Profit and loss account		62	3,184

SHAREHOLDERS' FUNDS

3,186

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The abbreviated accounts, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by:

Dave Whyte

Director

Date: 23 December 2016

The notes on pages 3 to 4 form part of these financial statements.

Page 2

PELLI LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.

	1.2	Turnover
		Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.

	1.3	Tangible fixed assets and depreciation
		Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment

33.3% Straight Line

2.TANGIBLE FIXED ASSETS

		£
	Cost
	At 1 July 2015	2,000
	Additions	510
	At 30 June 2016	2,510

	Depreciation
	At 1 July 2015	667
	Charge for the year	837
	At 30 June 2016	1,504

	Net book value
	At 30 June 2016	1,006
	At 30 June 2015	1,333

3.DEBTORS

Included within other debtors due within one year is a loan to the directors, amounting to £161 (2015 - £). Amounts repaid during the year totalled £NIL.

Page 3

PELLI LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

4.CREDITORS:
Amounts falling due within one year

Included within other creditors is an amount due to the director of £nil (2015: £565).

5.SHARE CAPITAL

	2016	2015
	£	£
Allotted, called up and fully paid

2 Oridnary shares of £1 each	2	2

Page 4