Abbreviated Company Accounts - FLEXISOLAR LIMITED

Abbreviated Company Accounts - FLEXISOLAR LIMITED

FLEXISOLAR LIMITED - Company Information

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Registered Number 07072489

FLEXISOLAR LIMITED

Abbreviated Accounts

30 April 2016

FLEXISOLAR LIMITED Registered Number 07072489

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 384,398 384,398
384,398 384,398
Current assets
Debtors 34,525 31,517
Cash at bank and in hand 994 686
35,519 32,203
Creditors: amounts falling due within one year (17,393) (18,550)
Net current assets (liabilities) 18,126 13,653
Total assets less current liabilities 402,524 398,051
Total net assets (liabilities) 402,524 398,051
Capital and reserves
Called up share capital 500,000 500,000
Profit and loss account (97,476) (101,949)
Shareholders' funds 402,524 398,051
  • For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 February 2017

And signed on their behalf by:
ROBERT CARPENTER, Director

FLEXISOLAR LIMITED Registered Number 07072489

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Intangible assets amortisation policy
Goodwill is the amount paid in connection with the acquisition of a business in April 2011. Amortisation will commence when the development has been concluded.

Other accounting policies
Going concern - the company continues to trade as a going concern due to the continued support of its directors and creditors, who have agreed to support the company for at least one year from the date of approval of the financial statements.

2Intangible fixed assets
£
Cost
At 1 May 2015 384,398
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 384,398
Amortisation
At 1 May 2015 -
Charge for the year -
On disposals -
At 30 April 2016 -
Net book values
At 30 April 2016 384,398
At 30 April 2015 384,398