ACCESS_SOLAR_SOLUTIONS_LI - Accounts

ACCESS SOLAR SOLUTIONS LTD - Company Information

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Company Registration No. 07824231 (England and Wales)

ACCESS SOLAR SOLUTIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2015

ACCESS SOLAR SOLUTIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ACCESS SOLAR SOLUTIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

106,220

123,113

Current assets

Stocks

7,850

4,860

Debtors

35,728

39,646

Cash at bank and in hand

71,526

41,448

115,104

85,954

Creditors: amounts falling due within one year

(156,324)

(148,970)

Net current liabilities

(41,220)

(63,016)

Total assets less current liabilities

65,000

60,097

Capital and reserves

Called up share capital

100

Profit and loss account

64,900

59,997

Shareholders' funds

65,000

60,097

For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 July 2016

Mr Paul Phillips

Director

Company Registration No. 07824231

ACCESS SOLAR SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

Computer equipment

Fixtures, fittings & equipment

Motor vehicles

Fixed assets

Tangible assets

Cost

At 1 November 2014

209,671

Additions

10,866

At 31 October 2015

220,537

Depreciation

At 1 November 2014

86,558

Charge for the year

27,759

At 31 October 2015

114,317

Net book value

At 31 October 2015

106,220

At 31 October 2014

123,113

ACCESS SOLAR SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100