Power Ethernet Limited - Period Ending 2017-07-31
Power Ethernet Limited - Period Ending 2017-07-31
Registration number:
Power Ethernet Limited
for the Year Ended 31 July 2017
Power Ethernet Limited
Contents
|
Company Information |
|
|
Balance Sheet |
Power Ethernet Limited
Company Information
|
Chairman |
D Bailey |
|
Directors |
D Bailey CM Stanford |
|
Company secretary |
Redshield Business Solutions Limited |
|
Registered office |
|
|
Page 1 |
Power Ethernet Limited
(Registration number: 07197286)
Balance Sheet as at 31 July 2017
|
2017 |
2016 |
|
|
Fixed assets |
|
|
|
Current assets |
|
|
|
Prepayments and accrued income |
- |
|
|
Creditors: Amounts falling due within one year |
( |
( |
|
Net current assets |
|
|
|
Total assets less current liabilities |
|
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
|
Provisions for liabilities |
( |
( |
|
Accruals and deferred income |
( |
( |
|
( |
( |
|
|
Capital and reserves |
( |
( |
|
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Going concern
Although the company's liabilities exceeded its assets at the balance sheet date, the financial statements have been prepared on a going concern basis on the assumption that the company will continue in operational existence for the foreseeable future. The directors have reached this assessment on the basis of the continued support of its parent undertaking, En-Twyn Limited, which has confirmed its intention to provide such financial support as is necessary for the company to continue in operation for the foreseeable future and at least 12 months from the date of signing of these financial statements. Accordingly, the directors consider it appropriate to prepare the financial statements for the company on a going concern basis.
|
Page 2 |
Power Ethernet Limited
(Registration number: 07197286)
Balance Sheet as at 31 July 2017 (continued)
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 July 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
CM Stanford
Director
|
Page 3 |