NAANOVO_ENERGY_UK_LTD - Accounts

NAANOVO ENERGY UK LTD - Company Information

Print Friendly Version

Company Registration No. 06817036 (England and Wales)

NAANOVO ENERGY UK LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

NAANOVO ENERGY UK LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

NAANOVO ENERGY UK LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

373

497

Current assets

Debtors

36,662

26,691

Cash at bank and in hand

652

489

37,314

27,180

Creditors: amounts falling due within one year

(27,287)

(23,739)

Net current assets

10,027

3,441

Total assets less current liabilities

10,400

3,938

Capital and reserves

Called up share capital

1,000

Profit and loss account

9,400

2,938

Shareholders' funds

10,400

3,938

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 January 2017

Mr V J Williams

Director

Company Registration No. 06817036

NAANOVO ENERGY UK LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

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

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services gross of VAT.

1.4

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 less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 April 2015 & at 31 March 2016

1,692

Depreciation

At 1 April 2015

1,195

Charge for the year

124

At 31 March 2016

1,319

Net book value

At 31 March 2016

373

At 31 March 2015

497

Share capital

2016

2015

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000