Company Registration No. 00519465 (England and Wales)
ELECTRO POWER SERVICES LIMITED
DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2015
ELECTRO POWER SERVICES LIMITED
COMPANY INFORMATION
Director
Mr R E Best
Company number
00519465
Registered office
Lynwood House
373-375 Station Road
Harrow
Middlesex
HA1 2AW
Accountants
RDP Newmans LLP
Lynwood House
373-375 Station Road
Harrow
Middlesex
HA1 2AW
ELECTRO POWER SERVICES LIMITED
CONTENTS
Page
Director's report
1
Balance sheet
2
Notes to the financial statements
3 - 4
ELECTRO POWER SERVICES LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 JULY 2015
- 1 -
The director presents his report and unaudited financial statements for the year ended 31 July 2015. The company is dormant and has not traded during the year.
Director
The following director has held office since 1 August 2014:
Mr R E Best
On behalf of the board
Mr R E Best
Director
29 February 2016
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2015
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
ELECTRO POWER SERVICES LIMITED
BALANCE SHEET
AS AT
31 JULY 2015
31 July 2015
- 2 -
2015
2014
Notes
£
£
Fixed assets
Tangible assets
2
99
99
Creditors: amounts falling due within one year
3
(70,605)
(70,605)
Net current liabilities
(70,605)
(70,605)
Total assets less current liabilities
(70,506)
(70,506)
Capital and reserves
Called up share capital
4
3,000
3,000
Profit and loss account
5
(73,506)
(73,506)
Shareholder's funds
(70,506)
(70,506)
Audit exemption statement
For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 29 February 2016
Mr R E Best
Director
Company Registration No. 00519465
ELECTRO POWER SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements have been prepared on the assumption that the company will continue in operational existence for the foreseeable future.
The validity of this assumption depends on the continuing support of the director and company's creditors.
If the company was unable to continue in existence for the foreseeable future, adjustments would be necessary to reduce the balance sheet value of assets to their recoverable amounts, to reclassify fixed assets as current assets and to provide for further liabilities which may arise.
2
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2014 & at 31 July 2015
11,470
Depreciation
At 1 August 2014 & at 31 July 2015
11,371
Net book value
At 31 July 2015
99
At 31 July 2014
99
3
Creditors: amounts falling due within one year
2015
2014
£
£
Other creditors
70,605
70,605
4
Share capital
2015
2014
£
£
Allotted, called up and fully paid
3,000 Ordinary shares of £1 each
3,000
3,000
ELECTRO POWER SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2015
- 4 -
5
Statement of movements on profit and loss account
Profit
and loss
account
£
Balance at 1 August 2014
(73,506)
Balance at 31 July 2015
(73,506)
6
Control
The ultimate controlling interest is held by Mr R E Best, who is the director and sole shareholder of the company.
7
Related party relationships and transactions
Included within other creditors is an amount of £70017 (2014: £
70,017
) owed to Mr R E Best
who is the director and sole shareholder of the company
.