Company Registration No. 8564006 (England and Wales)
UK Solar Generation Limited
Unaudited accounts
for the year ended 30 June 2020
UK Solar Generation Limited
Unaudited accounts
Contents
UK Solar Generation Limited
Company Information
for the year ended 30 June 2020
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 2020
Intangible assets
10,595
10,595
Tangible assets
42,961
6,502
Cash at bank and in hand
184,546
113,049
Creditors: amounts falling due within one year
(37,684)
(68,177)
Net current assets
216,078
137,787
Net assets
269,634
154,884
Called up share capital
2
2
Profit and loss account
269,632
154,882
Shareholders' funds
269,634
154,884
For the year ending 30 June 2020 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.
The financial statements were approved by the Board and authorised for issue on 19 January 2021 and were signed on its behalf by
Russell Lyne
Director
Company Registration No. 8564006
UK Solar Generation Limited
Notes to the Accounts
for the year ended 30 June 2020
UK Solar Generation Limited is a private company, limited by shares, registered in England and Wales, registration number 8564006. The registered office 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 July 2019
10,000
595
10,595
At 30 June 2020
10,000
595
10,595
At 30 June 2020
10,000
595
10,595
At 30 June 2019
10,000
595
10,595
UK Solar Generation Limited
Notes to the Accounts
for the year ended 30 June 2020
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2019
830
8,900
3,030
12,760
Additions
-
47,290
786
48,076
At 30 June 2020
830
56,190
3,816
60,836
At 1 July 2019
586
3,894
1,778
6,258
Charge for the year
36
11,104
477
11,617
At 30 June 2020
622
14,998
2,255
17,875
At 30 June 2020
208
41,192
1,561
42,961
At 30 June 2019
244
5,006
1,252
6,502
Trade debtors
65,955
78,089
Accrued income and prepayments
3,261
2,623
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
9,003
26,980
Taxes and social security
23,154
30,849
Loans from directors
296
-
8
Share capital
2020
2019
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
UK Solar Generation Limited
Notes to the Accounts
for the year ended 30 June 2020
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
8,093
-
-
8,093
10
Average number of employees
During the year the average number of employees was 4 (2019: 3).