Waste Heat Recovery Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC422607 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

Waste Heat Recovery Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R C Shearlaw

C I Mather

C T Thomson

REGISTERED OFFICE:

High Garphar

By Straiton

MAYBOLE

Ayrshire

KA19 7QT

REGISTERED NUMBER:

SC422607 (Scotland)

ACCOUNTANTS:

Sinclair Scott Chartered Accountants

3 Wellington Square

Ayr

Ayrshire

KA7 1EN

FIXED ASSETS

Intangible assets

2

7,400

8,325

CURRENT ASSETS

Debtors

518

4,000

Cash at bank and in hand

27,425

31,977

27,943

35,977

CREDITORS

Amounts falling due within one year

1,000

800

NET CURRENT ASSETS

26,943

35,177

TOTAL ASSETS LESS CURRENT LIABILITIES

34,343

43,502

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Share premium

69,300

69,300

Profit and loss account

(35,957

)

(26,798

)

SHAREHOLDERS' FUNDS

34,343

43,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 January 2015 and were signed on its behalf by:

R C Shearlaw - Director

1.	ACCOUNTING POLICIES

ACCOUNTING CONVENTION

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting

Standard for Smaller Entities (effective April 2008).

PATENTS & LICENSES

Patents and licences are written off over their estimated useful life of 10 years.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

9,250

AMORTISATION

At 1 May 2013

925

Amortisation for year

925

At 30 April 2014

1,850

NET BOOK VALUE

At 30 April 2014

7,400

At 30 April 2013

8,325

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1.00

1,000

1,000