Key Solar Limited

true Mrs M Sharkey true 1 July 2015 30 June 2016 30 June 2016 true false 07682823 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07682823 2015-06-30 07682823 2016-06-30 07682823 2015-07-01 2016-06-30 07682823 uk-gaap:RestatedAmount 2015-06-30 07682823 uk-gaap:RestatedAmount 2016-06-30 07682823 uk-gaap:NetGoodwill 2015-06-30 07682823 uk-gaap:NetGoodwill 2016-06-30 07682823 uk-gaap:NetGoodwill 2015-07-01 2016-06-30 07682823 uk-gaap:OtherIntangibleFixedAssets 2015-07-01 2016-06-30 07682823 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-06-30 07682823 uk-gaap:IntangibleAssetsOtherThanGoodwill 2016-06-30 07682823 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-07-01 2016-06-30 07682823 uk-gaap:DevelopmentCosts 2015-06-30 07682823 uk-gaap:DevelopmentCosts 2016-06-30 07682823 uk-gaap:DevelopmentCosts 2015-07-01 2016-06-30 07682823 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-06-30 07682823 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-07-01 2016-06-30 07682823 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2016-06-30 07682823 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-07-01 2016-06-30 07682823 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-06-30 07682823 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2016-06-30 07682823 uk-gaap:PlantMachinery 2015-07-01 2016-06-30 07682823 uk-gaap:PlantMachinery 2015-06-30 07682823 uk-gaap:PlantMachinery 2016-06-30 07682823 uk-gaap:Vehicles 2015-07-01 2016-06-30 07682823 uk-gaap:Vehicles 2015-06-30 07682823 uk-gaap:Vehicles 2016-06-30 07682823 uk-gaap:FixturesFittings 2015-07-01 2016-06-30 07682823 uk-gaap:FixturesFittings 2015-06-30 07682823 uk-gaap:FixturesFittings 2016-06-30 07682823 uk-gaap:ComputerEquipment 2015-07-01 2016-06-30 07682823 uk-gaap:ComputerEquipment 2015-06-30 07682823 uk-gaap:ComputerEquipment 2016-06-30 07682823 uk-gaap:SharesListedFixedAssetInvestments 2015-06-30 07682823 uk-gaap:SharesListedFixedAssetInvestments 2015-07-01 2016-06-30 07682823 uk-gaap:SharesListedFixedAssetInvestments 2016-06-30 07682823 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-06-30 07682823 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-07-01 2016-06-30 07682823 uk-gaap:SharesUnlistedFixedAssetInvestments 2016-06-30 07682823 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-06-30 07682823 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-07-01 2016-06-30 07682823 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2016-06-30 07682823 uk-gaap:ProvisionsForBadDebts 2015-06-30 07682823 uk-gaap:ProvisionsForBadDebts 2015-07-01 2016-06-30 07682823 uk-gaap:ProvisionsForBadDebts 2016-06-30 07682823 uk-gaap:ProvisionsForDeferredTaxation 2015-06-30 07682823 uk-gaap:ProvisionsForDeferredTaxation 2015-07-01 2016-06-30 07682823 uk-gaap:ProvisionsForDeferredTaxation 2016-06-30 07682823 uk-gaap:OtherProvisions 2015-06-30 07682823 uk-gaap:OtherProvisions 2015-07-01 2016-06-30 07682823 uk-gaap:OtherProvisions 2016-06-30 07682823 uk-gaap:WithinOneYear 2015-06-30 07682823 uk-gaap:WithinOneYear 2015-07-01 2016-06-30 07682823 uk-gaap:WithinOneYear 2016-06-30 07682823 uk-gaap:AfterOneYear 2015-06-30 07682823 uk-gaap:AfterOneYear 2015-07-01 2016-06-30 07682823 uk-gaap:AfterOneYear 2016-06-30 07682823 uk-bus:AllOrdinaryShares 2016-06-30 07682823 uk-bus:AllOrdinaryShares 2015-06-30 07682823 uk-bus:OrdinaryShareClass1 2016-06-30 07682823 uk-bus:OrdinaryShareClass2 2016-06-30 07682823 uk-bus:OrdinaryShareClass3 2016-06-30 07682823 uk-bus:OrdinaryShareClass4 2016-06-30 07682823 uk-bus:OrdinaryShareClass5 2016-06-30 07682823 uk-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 07682823 uk-bus:OrdinaryShareClass2 2015-07-01 2016-06-30 07682823 uk-bus:OrdinaryShareClass3 2015-07-01 2016-06-30 07682823 uk-bus:OrdinaryShareClass4 2015-07-01 2016-06-30 07682823 uk-bus:OrdinaryShareClass5 2015-07-01 2016-06-30 07682823 uk-bus:PreferenceShareClass1 2016-06-30 07682823 uk-bus:PreferenceShareClass2 2016-06-30 07682823 uk-bus:PreferenceShareClass3 2016-06-30 07682823 uk-bus:PreferenceShareClass4 2016-06-30 07682823 uk-bus:PreferenceShareClass5 2016-06-30 07682823 uk-bus:PreferenceShareClass1 2015-07-01 2016-06-30 07682823 uk-bus:PreferenceShareClass2 2015-07-01 2016-06-30 07682823 uk-bus:PreferenceShareClass3 2015-07-01 2016-06-30 07682823 uk-bus:PreferenceShareClass4 2015-07-01 2016-06-30 07682823 uk-bus:PreferenceShareClass5 2015-07-01 2016-06-30 07682823 uk-bus:CompanySecretary 2015-07-01 2016-06-30 07682823 uk-bus:RegisteredOffice 2015-07-01 2016-06-30 07682823 uk-bus:EntityAccountantsOrAuditors 2015-07-01 2016-06-30 07682823 uk-bus:EntityAccountantsOrAuditors 2016-06-30 07682823 uk-bus:MainBusiness 2015-07-01 2016-06-30 07682823 uk-bus:EntityBankers 2015-07-01 2016-06-30 07682823 uk-bus:EntityLawyersOrLegalAdvisers 2015-07-01 2016-06-30 07682823 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2015-07-01 2016-06-30 07682823 uk-bus:HighestPaidDirector 2015-07-01 2016-06-30 07682823 uk-bus:HighestPaidDirector 2016-06-30 07682823 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-07-01 2016-06-30 07682823 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-07-01 2016-06-30 07682823 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2015-07-01 2016-06-30 07682823 uk-bus:AllEntityOfficers 2015-07-01 2016-06-30 07682823 uk-gaap:InvestmentProperties 2015-06-30 07682823 uk-gaap:InvestmentProperties 2015-07-01 2016-06-30 07682823 uk-gaap:InvestmentProperties 2016-06-30 07682823 uk-gaap:IntellectualProperty 2015-07-01 2016-06-30 07682823 uk-gaap:IntellectualProperty 2015-06-30 07682823 uk-gaap:IntellectualProperty 2016-06-30 07682823 uk-countries:UnitedKingdom 2015-07-01 2016-06-30 07682823 uk-countries:Europe 2015-07-01 2016-06-30 07682823 uk-countries:NorthAmerica 2015-07-01 2016-06-30 07682823 uk-countries:SouthAmerica 2015-07-01 2016-06-30 07682823 uk-countries:Asia 2015-07-01 2016-06-30 07682823 uk-countries:RestWorldOutsideUK 2015-07-01 2016-06-30 07682823 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-07-01 2016-06-30 07682823 uk-gaap:LeasedTangibleFixedAssets 2015-07-01 2016-06-30 07682823 uk-gaap:AllSubsidiaries 2015-07-01 2016-06-30 07682823 uk-gaap:AllAssociates 2015-07-01 2016-06-30 07682823 dpl-gaap:CostSales 2015-06-30 07682823 dpl-gaap:CostSales 2016-06-30 07682823 dpl-gaap:CostSales 2015-07-01 2016-06-30 07682823 dpl-gaap:DistributionCosts 2015-07-01 2016-06-30 07682823 dpl-gaap:AdministrativeExpenses 2015-07-01 2016-06-30 07682823 uk-bus:Director1 2015-07-01 2016-06-30 07682823 uk-bus:Director1 2016-06-30 07682823 2014-06-30 07682823 2015-06-30 07682823 2014-07-01 2015-06-30 07682823 uk-gaap:RestatedAmount 2014-06-30 07682823 uk-gaap:RestatedAmount 2015-06-30 07682823 uk-gaap:NetGoodwill 2014-06-30 07682823 uk-gaap:NetGoodwill 2015-06-30 07682823 uk-gaap:NetGoodwill 2014-07-01 2015-06-30 07682823 uk-gaap:OtherIntangibleFixedAssets 2014-07-01 2015-06-30 07682823 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-06-30 07682823 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-06-30 07682823 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-07-01 2015-06-30 07682823 uk-gaap:DevelopmentCosts 2014-06-30 07682823 uk-gaap:DevelopmentCosts 2015-06-30 07682823 uk-gaap:DevelopmentCosts 2014-07-01 2015-06-30 07682823 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-06-30 07682823 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-07-01 2015-06-30 07682823 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-06-30 07682823 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-07-01 2015-06-30 07682823 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-06-30 07682823 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-06-30 07682823 uk-gaap:PlantMachinery 2014-07-01 2015-06-30 07682823 uk-gaap:PlantMachinery 2014-06-30 07682823 uk-gaap:PlantMachinery 2015-06-30 07682823 uk-gaap:Vehicles 2014-07-01 2015-06-30 07682823 uk-gaap:Vehicles 2014-06-30 07682823 uk-gaap:Vehicles 2015-06-30 07682823 uk-gaap:FixturesFittings 2014-07-01 2015-06-30 07682823 uk-gaap:FixturesFittings 2014-06-30 07682823 uk-gaap:FixturesFittings 2015-06-30 07682823 uk-gaap:ComputerEquipment 2014-07-01 2015-06-30 07682823 uk-gaap:ComputerEquipment 2014-06-30 07682823 uk-gaap:ComputerEquipment 2015-06-30 07682823 uk-gaap:SharesListedFixedAssetInvestments 2014-06-30 07682823 uk-gaap:SharesListedFixedAssetInvestments 2014-07-01 2015-06-30 07682823 uk-gaap:SharesListedFixedAssetInvestments 2015-06-30 07682823 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-06-30 07682823 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-07-01 2015-06-30 07682823 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-06-30 07682823 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-06-30 07682823 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-07-01 2015-06-30 07682823 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-06-30 07682823 uk-gaap:ProvisionsForBadDebts 2014-06-30 07682823 uk-gaap:ProvisionsForBadDebts 2014-07-01 2015-06-30 07682823 uk-gaap:ProvisionsForBadDebts 2015-06-30 07682823 uk-gaap:ProvisionsForDeferredTaxation 2014-06-30 07682823 uk-gaap:ProvisionsForDeferredTaxation 2014-07-01 2015-06-30 07682823 uk-gaap:ProvisionsForDeferredTaxation 2015-06-30 07682823 uk-gaap:OtherProvisions 2014-06-30 07682823 uk-gaap:OtherProvisions 2014-07-01 2015-06-30 07682823 uk-gaap:OtherProvisions 2015-06-30 07682823 uk-gaap:WithinOneYear 2014-06-30 07682823 uk-gaap:WithinOneYear 2014-07-01 2015-06-30 07682823 uk-gaap:WithinOneYear 2015-06-30 07682823 uk-gaap:AfterOneYear 2014-06-30 07682823 uk-gaap:AfterOneYear 2014-07-01 2015-06-30 07682823 uk-gaap:AfterOneYear 2015-06-30 07682823 uk-bus:AllOrdinaryShares 2015-06-30 07682823 uk-bus:AllOrdinaryShares 2014-06-30 07682823 uk-bus:OrdinaryShareClass1 2015-06-30 07682823 uk-bus:OrdinaryShareClass2 2015-06-30 07682823 uk-bus:OrdinaryShareClass3 2015-06-30 07682823 uk-bus:OrdinaryShareClass4 2015-06-30 07682823 uk-bus:OrdinaryShareClass5 2015-06-30 07682823 uk-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 07682823 uk-bus:OrdinaryShareClass2 2014-07-01 2015-06-30 07682823 uk-bus:OrdinaryShareClass3 2014-07-01 2015-06-30 07682823 uk-bus:OrdinaryShareClass4 2014-07-01 2015-06-30 07682823 uk-bus:OrdinaryShareClass5 2014-07-01 2015-06-30 07682823 uk-bus:PreferenceShareClass1 2015-06-30 07682823 uk-bus:PreferenceShareClass2 2015-06-30 07682823 uk-bus:PreferenceShareClass3 2015-06-30 07682823 uk-bus:PreferenceShareClass4 2015-06-30 07682823 uk-bus:PreferenceShareClass5 2015-06-30 07682823 uk-bus:PreferenceShareClass1 2014-07-01 2015-06-30 07682823 uk-bus:PreferenceShareClass2 2014-07-01 2015-06-30 07682823 uk-bus:PreferenceShareClass3 2014-07-01 2015-06-30 07682823 uk-bus:PreferenceShareClass4 2014-07-01 2015-06-30 07682823 uk-bus:PreferenceShareClass5 2014-07-01 2015-06-30 07682823 uk-bus:CompanySecretary 2014-07-01 2015-06-30 07682823 uk-bus:RegisteredOffice 2014-07-01 2015-06-30 07682823 uk-bus:EntityAccountantsOrAuditors 2014-07-01 2015-06-30 07682823 uk-bus:EntityAccountantsOrAuditors 2015-06-30 07682823 uk-bus:MainBusiness 2014-07-01 2015-06-30 07682823 uk-bus:EntityBankers 2014-07-01 2015-06-30 07682823 uk-bus:EntityLawyersOrLegalAdvisers 2014-07-01 2015-06-30 07682823 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2014-07-01 2015-06-30 07682823 uk-bus:HighestPaidDirector 2014-07-01 2015-06-30 07682823 uk-bus:HighestPaidDirector 2015-06-30 07682823 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-07-01 2015-06-30 07682823 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-07-01 2015-06-30 07682823 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2014-07-01 2015-06-30 07682823 uk-bus:AllEntityOfficers 2014-07-01 2015-06-30 07682823 uk-gaap:InvestmentProperties 2014-06-30 07682823 uk-gaap:InvestmentProperties 2014-07-01 2015-06-30 07682823 uk-gaap:InvestmentProperties 2015-06-30 07682823 uk-gaap:IntellectualProperty 2014-07-01 2015-06-30 07682823 uk-gaap:IntellectualProperty 2014-06-30 07682823 uk-gaap:IntellectualProperty 2015-06-30 07682823 uk-countries:UnitedKingdom 2014-07-01 2015-06-30 07682823 uk-countries:Europe 2014-07-01 2015-06-30 07682823 uk-countries:NorthAmerica 2014-07-01 2015-06-30 07682823 uk-countries:SouthAmerica 2014-07-01 2015-06-30 07682823 uk-countries:Asia 2014-07-01 2015-06-30 07682823 uk-countries:RestWorldOutsideUK 2014-07-01 2015-06-30 07682823 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-07-01 2015-06-30 07682823 uk-gaap:LeasedTangibleFixedAssets 2014-07-01 2015-06-30 07682823 uk-gaap:AllSubsidiaries 2014-07-01 2015-06-30 07682823 uk-gaap:AllAssociates 2014-07-01 2015-06-30 07682823 dpl-gaap:CostSales 2014-06-30 07682823 dpl-gaap:CostSales 2015-06-30 07682823 dpl-gaap:CostSales 2014-07-01 2015-06-30 07682823 dpl-gaap:DistributionCosts 2014-07-01 2015-06-30 07682823 dpl-gaap:AdministrativeExpenses 2014-07-01 2015-06-30 07682823 uk-bus:Director1 2014-07-01 2015-06-30 07682823 uk-bus:Director1 2015-06-30

Registered number: 07682823

Key Solar Limited

Abbreviated accounts

For The Year Ended 30 June 2016

Key Solar Limited

Company No. 07682823

Abbreviated Balance Sheet 30 June 2016

Abbreviated Balance Sheet

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		104,938		112,607

			104,938		112,607
CURRENT ASSETS
Debtors	3	6,250		-
Cash at bank and in hand		20,416		5,168

		26,666		5,168
Creditors: Amounts Falling Due Within One Year		(16,947 )		(3,216 )

NET CURRENT ASSETS (LIABILITIES)			9,719		1,952

TOTAL ASSETS LESS CURRENT LIABILITIES			114,657		114,559

Creditors: Amounts Falling Due After More Than One Year	4		(57,262 )		(72,612 )

NET ASSETS			57,395		41,947

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			57,295		41,847

SHAREHOLDERS' FUNDS			57,395		41,947

Key Solar Limited

Company No. 07682823

Abbreviated Balance Sheet (continued) 30 June 2016

For the year ending 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mrs Mary Sharkey

22/03/2017

Page 1

Key Solar Limited

Notes to the Abbreviated Accounts

For The Year Ended 30 June 2016

Notes to the Abbreviated Accounts

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

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. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Revenue is recognised when the invoices have been raised and in respect of machine rental income this is in the period to which it relates.

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 the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% straight line

1.4. Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as

financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual

interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that

creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends

relating to the liability component are charged as interest expense in the profit and loss account.

2. Tangible Assets


	Total
Cost	£
As at 1 July 2015	142,745
Additions	26,100

As at 30 June 2016	168,845

Depreciation
As at 1 July 2015	30,138
Provided during the period	33,769

As at 30 June 2016	63,907

Net Book Value
As at 30 June 2016	104,938

As at 1 July 2015	112,607

3. Debtors

Debtors include an amount of £ 1,250 (2015 - £ - ) falling due after more than one year.

Page 2

Key Solar Limited

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 June 2016

4. Creditors: Amounts Falling Due After More Than One Year

	2016	2015
	£	£
Directors loan account	31,830	23,526
Amounts owed to related parties	25,432	49,086

	57,262	72,612

5. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured. The related party loan is secured by way of a chattel mortgage.

	2016		2015
	£		£
Other Creditors	38,148		49,086

6. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	100	100	100

7. Ultimate Controlling Party

The company's ultimate controlling party is Mrs M Sharkey by virtue of her ownership of 100% of the issued share capital in the company.

Page 3