Thames Energy Limited - Limited company - abbreviated - 11.9
Thames Energy Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015 |
| FOR |
| THAMES ENERGY LIMITED |
| THAMES ENERGY LIMITED (REGISTERED NUMBER: 02260066) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| THAMES ENERGY LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 March 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| THAMES ENERGY LIMITED (REGISTERED NUMBER: 02260066) |
| ABBREVIATED BALANCE SHEET |
| 31 March 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on by: |
| THAMES ENERGY LIMITED (REGISTERED NUMBER: 02260066) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 March 2015 |
| 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 |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| The company contributes to group personal pension schemes in respect of its staff and directors. Contributions |
| payable for the year are charged to the profit and loss account. |
| Trading outlook |
| The company has financial resources together with trading relationships with contract customers. As a |
| consequence, the directors believe that the company is well placed to manage its business risks successfully |
| despite the current uncertain economic outlook. |
| After making enquiries, the directors have every expectation that the company has adequate resources to |
| continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going |
| concern basis in preparing the annual report and accounts. |
| Deferred taxation |
| Provision is made in full for all taxation deferred in respect of timing differences that have originated but not |
| reversed by the balance sheet date, except for timing differences arising on revaluations of fixed assets which are |
| not intended to be sold, gains on disposals of fixed assets which will be rolled over into replacement assets and |
| earnings of overseas subsidiaries that are not intended to be remitted to the UK. No provision is made for |
| taxation on permanent differences. Deferred tax assets are recognised to the extent that it is more likely than not |
| that they will be recovered. |
| Leasing and hire purchase |
| Assets obtained under finance leases are capitalised as tangible fixed assets over the lease term or over their |
| useful economic lives if shorter. Assets held under hire purchase agreements are capitalised and depreciated over |
| their useful economic lives. Finance leases are those where substantially all of the benefits and risks of ownership |
| are assumed by the company. Obligations under such agreements are included in creditors, net of the finance |
| charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss |
| account. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership |
| remain with the lessor are charged to the profit and loss account as incurred. |
| THAMES ENERGY LIMITED (REGISTERED NUMBER: 02260066) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 March 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | ULTIMATE PARENT COMPANY |
| The company's ultimate parent company is London Energy Supplies and Services Limited, a company |
| incorporated in England and Wales. |