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GreenPowerMonitor Limited
For The Year Ended 31 December 2017
SEM Accountancy Services
256 Martin Way
Morden
Surrey
SM4 4AW
Unaudited Financial Statements
Balance Sheet
Registered number:
8667439
|
2017 |
|
Notes |
£ |
£ |
CURRENT ASSETS |
Debtors |
5
|
59,510
|
|
Cash at bank and in hand |
|
582,156
|
|
|
|
|
|
|
641,666
|
|
Creditors: Amounts Falling Due Within One Year |
6
|
(598,427
)
|
|
|
|
|
NET CURRENT ASSETS (LIABILITIES) |
|
|
43,239
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
43,239
|
|
|
|
|
NET ASSETS |
|
|
43,239
|
|
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
7
|
|
1,000
|
Profit and loss account |
|
|
42,239
|
|
|
|
|
SHAREHOLDERS' FUNDS |
|
|
43,239
|
|
|
|
|
For the year ending 31 December 2017 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 accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
- The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
Page 1
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Statement of Changes in Equity
|
Share Capital |
Profit & Loss Account |
Total |
|
£ |
£ |
£ |
As at 1 January 2017 |
1,000
|
128,150
|
129,150
|
Loss for the year and total comprehensive income |
-
|
(85,911
)
|
(85,911)
|
|
|
|
|
As at 31 December 2017 |
1,000
|
42,239
|
43,239
|
|
|
|
|
Page 3
Notes to the Unaudited 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 FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3.
Average number of employees
Average number of employees, including directors, during the year was as follows:
5.
Debtors
|
2017 |
|
£ |
Due within one year |
Trade debtors |
27,540
|
Prepayments and accrued income |
12,354
|
VAT |
19,616
|
|
|
|
59,510
|
|
|
6.
Creditors: Amounts Falling Due Within One Year
|
2017 |
|
£ |
Trade creditors |
572,250
|
Other creditors |
26,177
|
|
|
|
598,427
|
|
|
7.
Share Capital
|
Value |
Number |
2017 |
Allotted, called up and fully paid |
£ |
|
£ |
Ordinary shares
|
1,000.000
|
1
|
1,000
|
|
|
|
|
|
8.
Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 4
Page 5