Accounts

Accounts

C & E POWER LIMITED - Company Information

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2014-01-01 false false 05938941 2014-12-31 05938941 2014-01-01 2014-12-31 05938941 2013-12-31 05938941 2009-01-01 2013-12-31 05938941 uk-bus:Director1 2014-01-01 2014-12-31 05938941 uk-gaap:PlantMachinery 2014-01-01 2014-12-31 05938941 uk-gaap:Vehicles 2014-01-01 2014-12-31 05938941 uk-gaap:FixturesFittings 2014-01-01 2014-12-31 05938941 uk-gaap:ToolsEquipment 2014-01-01 2014-12-31 05938941 uk-bus:OrdinaryShareClass1 2014-12-31 05938941 uk-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 05938941 uk-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP xbrli:shares
         
  C & E POWER LIMITED
         
         
  ABBREVIATED UNAUDITED ACCOUNTS
         
         
  FOR THE YEAR ENDED 31 DECEMBER 2014
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
  INDEX TO THE ACCOUNTS
         
 
         
  Pages
         
  1 Abbreviated Balance Sheet    
         
  2-3 Notes to the Abbreviated Accounts    
         
 
         
         
         
         
         
         
         
         
         
  C & E POWER LIMITED
  Company registered number: 05938941
  ABBREVIATED BALANCE SHEET
  AT 31 December 2014
           
    Note 2014 2013
      £ £ £
  FIXED ASSETS
  Tangible Assets 2 14,446 15,581
         
  CURRENT ASSETS
  Stock 1c 500 500
  Debtors falling due within one year   151,931 136,169
  Cash at bank and in hand   19,781 13,812
      172,212 150,481
  CREDITORS: Amounts falling due within one year   133,855 106,581
  NET CURRENT ASSETS   38,357 43,900
  NET ASSETS   £52,803 £59,481
       
  CAPITAL AND RESERVES
  Called up share capital 4 100 100
  Profit and loss account   52,703 59,381
  SHAREHOLDERS' FUNDS   £52,803 £59,481
       
         
  In approving these financial statements as directors of the company we hereby confirm the following:
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
         
  Directors' responsibilities:
  1) The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476,
  2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
         
  The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
         
  These abbreviated accounts were approved by the board of directors on 11 March 2015
 
 
         
  C Calder, Director
   
  The notes on pages 2 to 3 form part of these accounts
  page 1
  NOTES TO THE ABBREVIATED ACCOUNTS
  FOR THE YEAR ENDED 31 DECEMBER 2014
       
 
1. ACCOUNTING POLICIES
     
     
1a. Basis of accounting
     
  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).
         
         
1b. Tangible fixed assets
         
  Fixed assets are shown at historical cost.
         
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
         
         
  Plant and machinery Reducing balance 20%    
  Vehicles Reducing balance 20%    
  Fixtures and fittings Reducing balance 20%    
  Equipment Reducing balance 20%    
       
       
1c. Stocks
       
  Stocks are stated at the lower of cost and net realisable value. Cost incurred in bringing each product to its present location and condition is based on purchase cost on a first-in, first-out basis, including transport.
       
       
1d. Taxation
       
  Corporation tax payable is provided on taxable profits at the current rate.
       
       
       
1e. Turnover
       
  Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
     
     
1f. Leasing and hire purchase contracts
     
  Assets obtained under finance leases and hire purchase contracts are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
     
  Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
  page 2
  C & E POWER LIMITED
  NOTES TO THE ABBREVIATED ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2014
       
       
2. TANGIBLE FIXED ASSETS 2014 2013
    £ £
  Cost
       
  At 1 January 2014 39,547 35,884
  Additions 3,117 3,663
  At 31 December 2014 42,664 39,547
   
  Depreciation
       
  At 1 January 2014 23,966 19,216
  For the year 4,252 4,750
  At 31 December 2014 28,218 23,966
   
  Net Book Amounts
       
  At 31 December 2014 £14,446 £15,581
   
       
       
3. CREDITORS
    2014 2013
    £ £
  Creditors include the following amounts of secured liabilities:
       
  Due within one year - 5,205
   
       
       
4. SHARE CAPITAL 2014 2013
    £ £
  Allotted, issued and fully paid:
       
  100 Ordinary shares of £1 each £100 £100
   
       
       
5. TRANSACTIONS WITH AND LOANS TO DIRECTORS
       
  Loans to directors
       
  Included in other debtors are loans to directors. They are unsecured, interest free and repayable on demand.
    2014 2013
    £ £
  Directors current account CC 64,954 42,036
  Directors current account ME 62,215 36,441
   
  page 3