| CTRL Hub Limited |
| Registered number: |
09483451 |
| Balance Sheet |
| as at 31 October 2016 |
|
| Notes |
31/10/16 |
31/3/16 |
| £ |
£ |
| Current assets |
| Debtors |
2 |
|
40 |
|
|
- |
| Cash at bank and in hand |
|
|
100 |
|
|
100 |
|
|
|
140 |
|
|
100 |
|
| Creditors: amounts falling due within one year |
3 |
|
(128,524) |
|
|
- |
|
| Net current (liabilities)/assets |
|
|
|
(128,384) |
|
|
100 |
|
| Net (liabilities)/assets |
|
|
|
(128,384) |
|
|
100 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(128,484) |
|
|
- |
|
| Shareholder's funds |
|
|
|
(128,384) |
|
|
100 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| S Maughan |
| Director |
| Approved by the board on 3 May 2017 |
|
| CTRL Hub Limited |
| Notes to the Accounts |
| for the period from 1 April 2016 to 31 October 2016 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Debtors |
31/10/16 |
31/3/16 |
| £ |
£ |
|
|
Other debtors |
40 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
31/10/16 |
31/3/16 |
| £ |
£ |
|
|
Loans |
128,024 |
|
- |
|
Trade creditors |
500 |
|
- |
|
|
|
|
|
|
128,524 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 4 |
Events after the reporting date |
|
|
Orders have been recevied for the app licences from British Gas. |
|
|
| 5 |
Related party transactions |
|
|
During the year MA Utilites Ltd, who is owned by Imperator Group Ltd which is a associate of the shareholders of CTRL Hub LTd, loaned the company £128024. This loan is interest free and repayable upon demand. |
|
|
| 6 |
Controlling party |
|
|
The company is controlled by its directors. |
|
|
| 7 |
Other information |
|
|
CTRL Hub Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
4 High Street |
|
Stanley |
|
Co Durham |
|
DH9 0DQ |
