Delambre Energy Limited
Delambre Energy Limited
Registered number: 07818427
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2017
Delambre Energy Limited
Unaudited Financial Statements
For The Year Ended 31 December 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—4 |
Delambre Energy Limited
Abridged Balance Sheet
As at
31 December 2017
Abridged Balance Sheet
Registered number:
07818427
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.
| 2017 | 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| Investments | 4 |
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| CURRENT ASSETS | |||||
| Debtors |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | (1,365,000) | (1,390,000) | |||
| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital |
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| Share premium account |
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| Profit and Loss Account |
( |
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| SHAREHOLDERS' FUNDS | 1,223,252 | 1,134,492 | |||
Page 1
Delambre Energy Limited
Abridged Balance Sheet (continued)
As at
31 December 2017
Directors' responsibilities:
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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 section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
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All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2017 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Delambre Energy Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 December 2017
Notes to the Abridged Financial Statements
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.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
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2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2017 | 2016 | ||
|---|---|---|---|
| Directors and company secretaries |
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3.
Tangible Assets
| Total | |
|---|---|
| £ | |
| Cost | |
| As at |
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| As at |
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| Depreciation | |
| As at |
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| Provided during the period |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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Page 3
Delambre Energy Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 December 2017
4.
Investments
| Total | |
|---|---|
| £ | |
| Cost | |
| As at |
1 |
| As at |
1 |
| Provision | |
| As at |
- |
| As at |
- |
| Net Book Value | |
| As at |
1 |
| As at |
1 |
The company owns 100% of the ordinary share capital of Colchen Solar Limited, a company registered in England and Wales. The company's registered address is Croft House, Croft Road, Crowborough, East Sussex, TN6 1DR
5.
Post Balance Sheet Events
In May 2018, the company was acquired by Atmosclear Investments Limited. Its details are provided at Note 6. Atmosclear Investments Limited also acquired the debenture loan owed by the company of £1,365k (2016: £1,390k). The loan bears interest of 8% pa and is secured by a fixed and floating charge over the assets of the Company.
6.
Ultimate Parent Undertaking and Controlling Party
Following the sale of the group in May 2018, the company's immediate parent undertaking is Atmosclear Investments Limited . Atmosclear Investments Limited was incorporated in England and Wales. Its registered office address is Westminster House, 10 Westminster Road, Macclesfield, Cheshire, United Kingdom, SK10 1BX.
7.
General Information
Delambre Energy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07818427 . The registered office is Croft House, Croft Road, Crowborough, East Sussex, TN6 1DR.
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