Energile Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08571780 (England and Wales)

Energile Ltd

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

H Du

Miss H Xuan

SECRETARY:

REGISTERED OFFICE:

248 Monticello Way

Bannerbrook Park

Coventry

West Midlands

CV4 9WE

REGISTERED NUMBER:

08571780 (England and Wales)

ACCOUNTANTS:

T Cheung & Co

Chartered Accountants

Unit3a Wing Yip Centre

278 Thimble Mill Lane

Birmingham

B7 5HD

FIXED ASSETS

Tangible assets

2

2,029

888

CURRENT ASSETS

Stocks

200,546

15,546

Debtors

7,900

-

Cash at bank and in hand

61,585

70,376

270,031

85,922

CREDITORS

Amounts falling due within one
year

368,114

85,864

NET CURRENT (LIABILITIES)/ASSETS

(98,083

)

58

TOTAL ASSETS LESS
CURRENT LIABILITIES

(96,054

)

946

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(96,154

)

846

SHAREHOLDERS' FUNDS

(96,054

)

946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 14 September 2016
and were signed on its behalf by:

H Du - 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but

not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

1,137

Additions

1,543

At 30 June 2016

2,680

DEPRECIATION

At 1 July 2015

249

Charge for year

402

At 30 June 2016

651

NET BOOK VALUE

At 30 June 2016

2,029

At 30 June 2015

888

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

100

Ordinary

£1

100

50 ordinary shares of nominal value of £1 each were allotted and issued to Mr Hai

Du on 17 June 2013.

50 ordinary shares of nominal value of £1 each were allotted and issued to Ms Hong

Xuan on 17 June 2013.

Both Mr Hai Du and Ms Hong Xuan paid the amount of £50 (£100 total) in full for the

ordinary shares on the same date.

The following reproduces the text of the report prepared for the directors in respect

of the company's annual unaudited financial statements, from which the unaudited

abbreviated accounts (set out on pages two to five) have been prepared.

Chartered Accountants' report to the board of directors on the preparation of the unaudited

statutory accounts of Energile 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 accounts of Energile Ltd for the period ended 30 June 2016

which comprise of the Profit and Loss Account, the Balance Sheet, and the related notes

form 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 icaew.com/members handbook.

This report is made solely to the Board of Directors of Energile Ltd, as a body, in

accordance with the terms of our engagement letter dated 17 June 2013. Our work has

been undertaken solely to prepare for your approval the accounts Energile Ltd and state

those matters that we have agreed to state to the Board of Directors of Energile Ltd, as a

body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To

the fullest extent permitted by law, we do not accept or assume responsibility to anyone

other than Energile Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Energile Ltd 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 Energile Ltd. You consider Energile Ltd 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 Energile

Ltd. 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.

We are pleased to confirm that Mr Hai Du and Ms Hong Xuan have invested the amount

of £379,469 in the form of directors loans in Energile Ltd in the period between June 2013

and June 2016. They have also invested the total amount of £100 in equal share of £50 in

the ordinary share as share capital in Energile Ltd in June 2013.

T Cheung & Co

Chartered Accountants

Unit3a Wing Yip Centre

278 Thimble Mill Lane

Birmingham

B7 5HD

Date: .............................................