Peter Hughes Energy Advisory Limited - Accounts to registrar - small 17.1

Peter Hughes Energy Advisory Limited - Accounts to registrar - small 17.1

PETER HUGHES ENERGY ADVISORY LIMITED - Company Information

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REGISTERED NUMBER: 07167968 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2017

FOR

PETER HUGHES ENERGY ADVISORY LIMITED

PETER HUGHES ENERGY ADVISORY LIMITED (REGISTERED NUMBER: 07167968)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2017




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


PETER HUGHES ENERGY ADVISORY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2017







DIRECTORS: P I Hughes
R A Hughes



REGISTERED OFFICE: 7 Emlyn Road
London
W12 9TF



REGISTERED NUMBER: 07167968 (England and Wales)



ACCOUNTANTS: Poole Waterfield Limited
Priory House
2 Priory Road
Dudley
West Midlands
DY1 1HH



BANKERS: Coutts
Coutts & Co
440 Strand
London
WC2R 0QS
1
PETER HUGHES ENERGY ADVISORY LIMITED (REGISTERED NUMBER: 07167968)

BALANCE SHEET
28 FEBRUARY 2017

28.2.17 28.2.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,200 1,560

CURRENT ASSETS
Debtors 5 532 24,374
Cash at bank 48,622 83,629
49,154 108,003
CREDITORS
Amounts falling due within one year 6 39,707 44,002
NET CURRENT ASSETS 9,447 64,001
TOTAL ASSETS LESS CURRENT
LIABILITIES
10,647
65,561

PROVISIONS FOR LIABILITIES 240 312
NET ASSETS 10,407 65,249

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,307 65,149
SHAREHOLDERS' FUNDS 10,407 65,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 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 notes form part of these financial statements

2
PETER HUGHES ENERGY ADVISORY LIMITED (REGISTERED NUMBER: 07167968)

BALANCE SHEET - continued
28 FEBRUARY 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 April 2017 and were signed on its
behalf by:





P I Hughes - Director


The notes form part of these financial statements

3
PETER HUGHES ENERGY ADVISORY LIMITED (REGISTERED NUMBER: 07167968)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2017

1. STATUTORY INFORMATION

Peter Hughes Energy Advisory Limited is a private company, limited by shares , registered in England
and Wales. The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been
enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable
profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

4
PETER HUGHES ENERGY ADVISORY LIMITED (REGISTERED NUMBER: 07167968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 29 February 2016 3,598
Additions 366
At 28 February 2017 3,964
DEPRECIATION
At 29 February 2016 2,038
Charge for year 726
At 28 February 2017 2,764
NET BOOK VALUE
At 28 February 2017 1,200
At 28 February 2016 1,560

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.17 28.2.16
£    £   
Trade debtors 418 24,374
Other debtors 114 -
532 24,374

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.17 28.2.16
£    £   
Taxation and social security 7,815 10,992
Other creditors 31,892 33,010
39,707 44,002

5