ECOCEL_2_LIMITED - Accounts

ECOCEL 2 LTD - Company Information

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Company Registration No. SC509803 (Scotland)

ECOCEL 2 LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2016

ECOCEL 2 LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

ECOCEL 2 LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

Notes

Fixed assets

Tangible assets

2,390,918

Current assets

Cash at bank and in hand

11,295

Creditors: amounts falling due within one year

(2,403,216)

Net current liabilities

(2,391,921)

Total assets less current liabilities

(1,003)

Capital and reserves

Called up share capital

Profit and loss account

(1,005)

Shareholder's funds

(1,003)

For the financial Period ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The member has not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their 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 9 February 2017

Mr N Wilson

Director

Company Registration No. SC509803

ECOCEL 2 LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2016

- 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 January 2015).

At the balance sheet date the company has net liabilities of £1,003. These accounts are prepared on the going concern basis as the parent company and directors' will continue to support the company.

1.2

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land 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:

Assets under construction

Nil

Fixed assets

Tangible assets

Cost

At 1 July 2015

Additions

2,390,918

At 31 July 2016

2,390,918

Share capital

2016

Allotted, called up and fully paid

2 ordinary of £1 each

During the year 2 ordinary shares of £1 each were allotted and fully paid at par for cash consideration on incorporation.

Ultimate parent company

The ultimate parent company is Alan Energy Limited, a company registered in Scotland.