Company Registration No. 8564006 (England and Wales)
UK Solar Generation Ltd
Abbreviated unaudited accounts
for the year ended 30 June 2016
UK Solar Generation Ltd
Abbreviated Balance Sheet
as at
30 June 2016
Intangible assets
10,000
10,000
Tangible assets
1,685
2,167
Cash at bank and in hand
57,065
43,704
Creditors: amounts falling due within one year
(22,922)
(14,779)
Net current assets
36,313
28,925
Called up share capital
2
2
Profit and loss account
47,996
41,090
Total shareholders' funds
47,998
41,092
For the year ending 30 June 2016 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 20 July 2016
Russell Lyne
Director
Company Registration No. 8564006
UK Solar Generation Ltd
Notes to the Abbreviated Accounts
for the year ended 30 June 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Other
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
At 1 July 2015
830
1,500
1,300
3,630
At 30 June 2016
830
1,500
1,300
3,630
At 1 July 2015
230
656
577
1,463
Charge for the year
89
211
182
482
At 30 June 2016
319
867
759
1,945
At 30 June 2016
511
633
541
1,685
At 30 June 2015
600
844
723
2,167
UK Solar Generation Ltd
Notes to the Abbreviated Accounts
for the year ended 30 June 2016
4
Share capital
2016
2015
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2