Brighter World Energy Limited


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Registered number: 09327057
Brighter World Energy Limited
Abbreviated accounts
For The Year Ended 30 November 2016
Axis Accounting

Abbreviated Balance Sheet
2016 2015
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 2 62,333 -
62,333 -
CURRENT ASSETS
Debtors 33,330 260
Cash at bank and in hand 274,767 13,489
308,097 13,749
Creditors: Amounts Falling Due Within One Year (16,447 ) (200 )
NET CURRENT ASSETS (LIABILITIES) 291,650 13,549
TOTAL ASSETS LESS CURRENT LIABILITIES 353,983 13,549
NET ASSETS 353,983 13,549
CAPITAL AND RESERVES
Called up share capital 3 6,964 500
Share premium account 544,500 49,500
Profit and Loss Account (197,481 ) (36,451 )
SHAREHOLDERS' FUNDS 353,983 13,549
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their 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
Mr George Potts
20/03/2017
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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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website costs. It is amortised to profit and loss account over its estimated economic life of 5 years.
2. Intangible Assets
Total
Cost £
As at 1 December 2015 -
Additions 65,000
As at 30 November 2016 65,000
Amortisation
As at 1 December 2015 -
Provided during the period 2,667
As at 30 November 2016 2,667
Net Book Value
As at 30 November 2016 62,333
As at 1 December 2015 -
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3. Share Capital
Value Number 2016 2015
Allotted, called up and fully paid £ £ £
Ordinary A shares 0.010 7500 75 75
Ordinary B shares 0.010 542500 5,425 425
Ordinary C shares 0.010 146400 1,464 -
696400 6,964 500
Nominal value Number Amount
Shares issued during the period: £ £
Ordinary B shares 0.010 500000 5,000
Ordinary C shares 0.010 146400 1,464
646400 6,464
4. Controlling Party
The company's controlling parties are Mr George Potts, Mr Owen O'Donnell and Miss Cheryl Latham who have significant influence or control over the company.
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