Powerwood Ltd Accounts

LITTLE OAKTREE LTD - Company Information






Powerwood Ltd
	Company No. 08914245
		Abbreviated Accounts
		29 February 2016

at	29 February 2016

Company No.		08914245	Notes	2016	2015
				£	£
Fixed assets


	Investments		2	53	-
				53	-
Current assets

	Debtors			6,413	1,000


				6,413	1,000
Creditors: Amounts falling due within one year				(53,686)	-
Net current (liabilities)/assets				(47,273)	1,000
Total assets less current liabilities				(47,220)	1,000




Net (liabilities)/assets				(47,220)	1,000

Capital and reserves
	Called up share capital		3	1,047	1,000



	Profit and loss account			(48,267)	-

Shareholders' funds				(47,220)	1,000

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 29 February 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 20 February 2017

And signed on its behalf by:

V. Opeskine
Director
20 February 2017

for the year ended 29 February 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

2	Fixed assets
					Investments	Total
					£	£
	Cost or revaluation

	Additions				53	53



	At 29 February 2016				53	53







	Net book values
	At 29 February 2016				53	53





	Investment in Subsidiaries
	The company has the following subsidiary undertakings:
	Name of company	Country of incorporation (if not UK)	Class of shares held	% age of shares held	Capital and reserves at end of the relevant year	Profit/(loss) for the relevant year
					£	£
	Power Wood Canada Corp.		Ordinary	100	53	-

3	Share Capital
		Nominal value	2016	2016	2015
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	0.00	1,047,059	1,047	1,000




				1,047	1,000

		Nominal value	2016	2016
		£	Number	£
	Shares issued during the period:
	Ordinary	0.00	47,059	47




				47

	Shares were issued during the year to S. Triggs, S Kemp and J Magraw