Company Registration No. 8564006 (England and Wales)
UK Solar Generation Limited
Unaudited accounts
for the year ended 30 June 2017
UK Solar Generation Limited
Unaudited accounts
Contents
UK Solar Generation Limited
Company Information
for the year ended 30 June 2017
Company Number
8564006 (England and Wales)
Registered Office
STUDIO C110
89A SHACKLEWELL LANE
LONDON
E8 2EB
ENGLAND
UK Solar Generation Limited
Statement of financial position
as at
30 June 2017
Intangible assets
10,595
10,000
Tangible assets
1,710
1,685
Cash at bank and in hand
68,121
57,065
Creditors: amounts falling due within one year
(16,129)
(22,922)
Net current assets
56,291
36,313
Called up share capital
2
2
Profit and loss account
68,594
47,996
Shareholders' funds
68,596
47,998
For the year ending 30 June 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 24 October 2017.
Russell Lyne
Director
Company Registration No. 8564006
UK Solar Generation Limited
Notes to the Accounts
for the year ended 30 June 2017
UK Solar Generation Limited is a private company, limited by shares, registered in England and Wales, registration number 8564006. The registered office and principal place of business is STUDIO C110, 89A SHACKLEWELL LANE, LONDON, E8 2EB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
UK Solar Generation Limited
Notes to the Accounts
for the year ended 30 June 2017
4
Intangible fixed assets
Goodwill
Other
Total
At 1 July 2016
10,000
-
10,000
At 30 June 2017
10,000
595
10,595
At 30 June 2017
10,000
595
10,595
At 30 June 2016
10,000
-
10,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2016
830
1,500
1,300
3,630
At 30 June 2017
830
1,500
1,895
4,225
At 1 July 2016
319
867
759
1,945
Charge for the year
127
158
285
570
At 30 June 2017
446
1,025
1,044
2,515
At 30 June 2017
384
475
851
1,710
At 30 June 2016
511
633
541
1,685
Accrued income and prepayments
2,162
-
Other debtors
2,137
2,170
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
3,037
2,720
Taxes and social security
12,237
19,702
Loans from directors
138
-
UK Solar Generation Limited
Notes to the Accounts
for the year ended 30 June 2017
8
Share capital
2017
2016
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
1,062
-
-
1,062
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).