Registration number:
SRM Energy Group Limited
for the Year Ended 30 September 2017
SRM Energy Group Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
SRM Energy Group Limited
Company Information
Directors |
S Turner R J Coxon M J Ferguson J Higgins |
Registered office |
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Accountants |
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SRM Energy Group Limited
(Registration number: 08945557)
Balance Sheet as at 30 September 2017
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2016 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Net assets |
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Capital and reserves |
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Called up and fully paid share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 30 September 2017 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the profit and loss account has been taken.
Approved and authorised by the
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SRM Energy Group Limited
Notes to the Financial Statements for the Year Ended 30 September 2017
General information |
The Company is a private company limited by share capital incorporated in England and Wales. Details of the registered office are shown on page 1.
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Basis of preparation
These financial statements have been prepared on a going concern basis, using the historical cost convention and in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Group accounts not prepared
Investments
Investments in subsidiaries are stated at cost less impairment.
Debtors
Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.
Dividends
Dividend distribution to the company’s shareholders is recognised in the financial statements in the reporting period in which the dividends are paid.
Financial instruments
Staff numbers |
The average number of persons employed by the company (including directors) in the year, was
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SRM Energy Group Limited
Notes to the Financial Statements for the Year Ended 30 September 2017
Investments |
2017 |
2016 |
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Investments in subsidiaries |
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Subsidiaries |
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Carrying amount |
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At 1 October 2016 and 30 September 2017 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2017 |
2016 |
Subsidiary undertakings |
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4 Pioneery Way,
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Ordinary |
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England & Wales |
The principal activity of SRM Energy Holdings Limited is |
Debtors |
2017 |
2016 |
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Amounts owed by group undertakings |
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Page 4 |