Organic Power Ireland Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: NI047669 (Northern Ireland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

FOR

ORGANIC POWER IRELAND LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Accountants' Report

6

DIRECTOR:

R C Brennan

REGISTERED OFFICE:

17 Clarendon Road

Clarendon Dock

Belfast

Co. Antrim

BT13BG

REGISTERED NUMBER:

NI047669 (Northern Ireland)

ACCOUNTANTS:

Baker Tilly Mooney Moore

17 Clarendon Road

Clarendon Dock

Belfast

Co. Antrim

BT1 3BG

FIXED ASSETS

Intangible assets

2

20,000

22,500

Tangible assets

3

328

410

20,328

22,910

CURRENT ASSETS

Cash at bank

8,163

10,445

CREDITORS

Amounts falling due within one year

31,513

1,086

NET CURRENT (LIABILITIES)/ASSETS

(23,350

)

9,359

TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,022

)

32,269

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(3,024

)

32,267

SHAREHOLDERS' FUNDS

(3,022

)

32,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 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 authorised for issue by the director on 17 May 2016 and were signed by:

R C Brennan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty five years.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

50,000

AMORTISATION

At 1 September 2014

27,500

Amortisation for year

2,500

At 31 August 2015

30,000

NET BOOK VALUE

At 31 August 2015

20,000

At 31 August 2014

22,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

800

DEPRECIATION

At 1 September 2014

390

Charge for year

82

At 31 August 2015

472

NET BOOK VALUE

At 31 August 2015

328

At 31 August 2014

410

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

2

Ordinary

£1

2

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 two to five)

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 Organic Power Ireland Limited for the year ended 31 August 2015 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Organic Power Ireland Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Organic Power Ireland Limited and state those matters that we have agreed to state to the director of Organic Power Ireland Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. 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 Organic Power Ireland 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 loss of Organic Power Ireland Limited. You consider that Organic Power Ireland 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 Organic Power Ireland 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.

Baker Tilly Mooney Moore

17 Clarendon Road

Clarendon Dock

Belfast

Co. Antrim

BT1 3BG

17 May 2016