Abbreviated Company Accounts - ALTAIR SOLAR LIMITED

ALTAIR SOLAR LIMITED - Company Information

Registered Number 08452019

ALTAIR SOLAR LIMITED

Abbreviated Accounts

31 March 2014

ALTAIR SOLAR LIMITED Registered Number 08452019

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014
		£
Called up share capital not paid		-
Fixed assets
Intangible assets		-
Tangible assets		-
Investments	2	1,500,156
		1,500,156
Current assets
Stocks		-
Debtors		3,072,273
Investments		-
Cash at bank and in hand		-
		3,072,273
Prepayments and accrued income		-
Creditors: amounts falling due within one year		0
Net current assets (liabilities)		3,072,273
Total assets less current liabilities		4,572,429
Creditors: amounts falling due after more than one year		(3,072,273)
Provisions for liabilities		0
Accruals and deferred income		(128,604)
Total net assets (liabilities)		1,371,552
Capital and reserves
Called up share capital		1,500,156
Share premium account		0
Revaluation reserve		0
Other reserves		0
Profit and loss account		(128,604)
Shareholders' funds		1,371,552

For the year ending 31 March 2014 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 19 March 2015

And signed on their behalf by:
Arnoud Klaren, Director

ALTAIR SOLAR LIMITED Registered Number 08452019

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
Taxation
Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Investments at fair value through profit and loss

The purchase of solar assets and any acquisition related costs are classified as investment at fair value through profit and loss. The asset is revalued every six months and any gains or losses on revaluation are recognised in the profit and loss account.

2Fixed assets Investments
Investments at fair value through profit and loss

The purchase of solar assets and any acquisition related costs are classified as investment at fair value through profit and loss. The asset is revalued every six months and any gains or losses on revaluation are recognised in the profit and loss account.