For the period ended 31 December 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09812753
Nabuh Energy Limited
For the period ended 31 December 2016
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
Nabuh Energy Limited
Accountants' Report
For the period ended 31 December 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the period
|
ended
31
December
2016
and you consider that the company is exempt from an audit under the Companies Act
|
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
|
to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
Graeme Hinchliffe Associates Ltd
6-8 Manvers Road
Swallownest
Sheffield
S26 4UD
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Notes to the Abbreviated Financial Statements
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Nabuh Energy Limited
For the period ended 31 December 2016
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
Licences and patents are stated at cost less amortisation
.
Amortisation of licences is calculated on a straight line
|
basis over the life of the licence
.
Amortisation of patents is calculated on a straight line basis over the estimated
|
expected useful economic life of the patents of
10
years
.
|
2
Intangible fixed assets
|
75,000
75,000
7,500
Charge for period
7,500
67,500
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