Energy Transition Forum Limited - Filleted accounts

ENERGY TRANSITION FORUM LIMITED - Company Information

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Registered number

10124872

Energy Transition Forum Limited

Company Limited By Guarantee

Filleted Accounts

For the period ended 30 April 2017

ASVSH Accountancy Services Limited

Chartered Certified Accountants

Energy Transition Forum Limited
Registered number:		10124872
Balance Sheet
as at 30 April 2017

Notes			2017
£
Current assets
Cash at bank and in hand		122,919

Creditors: amounts falling due within one year	2	(92,765)

Net current assets			30,154

Net assets			30,154

Capital and reserves
Reserve			30,154

Balance as at 30 April 2017			30,154

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Jean-Pierre Houri
Director
Approved by the board on 6 December 2017

Energy Transition Forum Limited
Notes to the Accounts
for the period from 14 April 2016 to 30 April 2017


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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Creditors: amounts falling due within one year		2017
£

	Trade creditors		75,732
	Other creditors		17,033
			92,765


3	Other information

	Energy Transition Forum Limited is a private company limited by guarantee and incorporated in England. Its registered office is:
	80 Saint Pancras Way
	Flat 25
	Camden
	London
	NW1 9DN