The Energy Efficient Lighting Comp Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05535721 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST AUGUST 2014

FOR

THE ENERGY EFFICIENT LIGHTING COMPANY

LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

S M Ponsford

REGISTERED OFFICE:

229 West Street

Fareham

Hampshire

PO16 0HZ

REGISTERED NUMBER:

05535721 (England and Wales)

ACCOUNTANTS:

Rothman Pantall LLP

Chartered Accountants

229 West Street

Fareham

Hampshire

PO16 0HZ

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages three to seven) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for

your approval the financial statements of The Energy Efficient Lighting Company Limited for the

year ended 31st August 2014 which comprise the Profit and Loss Account, the Balance Sheet and

the related notes from the company's accounting records and from information and explanations

you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of The Energy Efficient Lighting Company Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Energy Efficient Lighting Company Limited and state those matters that we have agreed to state to the director of The Energy Efficient Lighting Company Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Energy Efficient Lighting Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Energy Efficient Lighting Company Limited. You consider that The Energy Efficient Lighting Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The

Energy Efficient Lighting Company Limited. For this reason, we have not verified the accuracy or

completeness of the accounting records or information and explanations you have given to us and

we do not, therefore, express any opinion on the statutory financial statements.

Rothman Pantall LLP

Chartered Accountants

229 West Street

Fareham

Hampshire

PO16 0HZ

Date: .............................................

FIXED ASSETS

Tangible assets

2

12,879

21,463

CURRENT ASSETS

Stocks

32,026

10,175

Debtors

3

193,177

281,409

Cash at bank and in hand

21,661

17,970

246,864

309,554

CREDITORS

Amounts falling due within one year

192,573

211,954

NET CURRENT ASSETS

54,291

97,600

TOTAL ASSETS LESS CURRENT LIABILITIES

67,170

119,063

PROVISIONS FOR LIABILITIES

1,604

2,174

NET ASSETS

65,566

116,889

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

65,466

116,789

SHAREHOLDERS' FUNDS

65,566

116,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27th May 2015 and were signed by:

S M Ponsford - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in

respect of service contracts where turnover is recognised when the company obtains the

right to consideration.

Tangible fixed assets

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

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2013

56,914

Additions

7,389

Disposals

(15,134

)

At 31st August 2014

49,169

DEPRECIATION

At 1st September 2013

35,451

Charge for year

8,557

Eliminated on disposal

(7,718

)

At 31st August 2014

36,290

NET BOOK VALUE

At 31st August 2014

12,879

At 31st August 2013

21,463

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 14,836 (2013 - £

14,998 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31st August 2014 and 31st August 2013:

2014

2013

£

£

S M Ponsford

Balance outstanding at start of year

29,004

23,194

Amounts advanced

37,314

86,164

Amounts repaid

(30,014

)

(80,354

)

Balance outstanding at end of year

36,304

29,004