Abbreviated Company Accounts - SYNERGY POWER LTD

08129914 SYNERGY POWER LTD 2014-07-31 false 2013-08-01 2014-07-31 true 08129914 2013-08-01 2014-07-31 08129914 2014-07-31 08129914 2013-07-31 08129914 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 08129914 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 08129914

SYNERGY POWER LTD

Abbreviated Accounts

31 July 2014

SYNERGY POWER LTD Registered Number 08129914

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	4,050	4,500
Tangible assets	3	244	366
		4,294	4,866
Current assets
Debtors		41,596	9,533
Cash at bank and in hand		17,290	33,846
		58,886	43,379
Creditors: amounts falling due within one year		(30,636)	(25,674)
Net current assets (liabilities)		28,250	17,705
Total assets less current liabilities		32,544	22,571
Total net assets (liabilities)		32,544	22,571
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		32,543	22,570
Shareholders' funds		32,544	22,571

For the year ending 31 July 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 27 April 2015

And signed on their behalf by:
K Dattani, Director

SYNERGY POWER LTD Registered Number 08129914

Notes to the Abbreviated Accounts for the period ended 31 July 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.

Turnover policy
Turnover comprises revenue recognized by the company in respect of services supplied

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment 25% on cost

Intangible assets amortisation policy
Goodwill
Goodwill is written off in equal installments over its useful life.

Other accounting policies
Cash Flow
The financial statements do not include a cash flow statement because the company, as a small reporting entity,
Is exempt from the requirement to prepare such a statement under the Financial Reporting Standards for smaller entities (effective April 2008)

Deferred tax
Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Intangible fixed assets

	£
Cost
At 1 August 2013	4,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	4,500
Amortisation
At 1 August 2013	-
Charge for the year	450
On disposals	-
At 31 July 2014	450
Net book values
At 31 July 2014	4,050
At 31 July 2013	4,500

3Tangible fixed assets

	£
Cost
At 1 August 2013	488
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	488
Depreciation
At 1 August 2013	122
Charge for the year	122
On disposals	-
At 31 July 2014	244
Net book values
At 31 July 2014	244
At 31 July 2013	366

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1