POSEIDON POWER LTD

POSEIDON POWER LTD

POSEIDON POWER LTD - Company Information

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POSEIDON POWER LTD

Company Registration Number:
10086665 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2017

Period of accounts

Start date: 29 March 2016

End date: 31 March 2017

POSEIDON POWER LTD

Contents of the Financial Statements

for the Period Ended 31 March 2017

Balance sheet
Notes

POSEIDON POWER LTD

Balance sheet

As at 31 March 2017


Notes
2017


£
Fixed assets
Intangible assets: 2 10,000
Tangible assets: 3 4,000
Investments: 4 1,400
Total fixed assets: 15,400
Current assets
Stocks: 0
Debtors: 5 2,712
Cash at bank and in hand: 7,054
Total current assets: 9,766
Creditors: amounts falling due within one year:   (1,614)
Net current assets (liabilities): 8,152
Total assets less current liabilities: 23,552
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Total net assets (liabilities): 23,552
Capital and reserves
Called up share capital: 2
Share premium account: 0
Revaluation reserve: 0
Other reserves: 0
Profit and loss account: 23,550
Shareholders funds: 23,552

The notes form part of these financial statements

POSEIDON POWER LTD

Balance sheet statements

For the year ending 31 March 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 March 2018
and signed on behalf of the board by:

Name: Gary Christian
Status: Director

The notes form part of these financial statements

POSEIDON POWER LTD

Notes to the Financial Statements

for the Period Ended 31 March 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

POSEIDON POWER LTD

Notes to the Financial Statements

for the Period Ended 31 March 2017

2. Intangible Assets

Total
Cost £
Additions 10,000
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2017 10,000
Amortisation
Charge for year 0
On disposals 0
Other adjustments 0
At 31 March 2017 0
Net book value
At 31 March 2017 10,000

POSEIDON POWER LTD

Notes to the Financial Statements

for the Period Ended 31 March 2017

3. Tangible Assets

Total
Cost £
Additions 4,000
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2017 4,000
Depreciation
Charge for year 0
On disposals 0
Other adjustments 0
At 31 March 2017 0
Net book value
At 31 March 2017 4,000

POSEIDON POWER LTD

Notes to the Financial Statements

for the Period Ended 31 March 2017

4. Fixed investments

Barclays Bank shares

POSEIDON POWER LTD

Notes to the Financial Statements

for the Period Ended 31 March 2017

5. Debtors

2017
£
Debtors due after more than one year: 0