Enercom Ltd - Abbreviated accounts 16.3
Enercom Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Period 1 January 2015 to 30 June 2016 |
| for |
| Enercom Ltd |
| Enercom Ltd (Registered number: 03367880) |
| Contents of the Abbreviated Accounts |
| for the Period 1 January 2015 to 30 June 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Enercom Ltd |
| Company Information |
| for the Period 1 January 2015 to 30 June 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Enercom Ltd (Registered number: 03367880) |
| Abbreviated Balance Sheet |
| 30 June 2016 |
| 30.6.16 | 31.12.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| Enercom Ltd (Registered number: 03367880) |
| Notes to the Abbreviated Accounts |
| for the Period 1 January 2015 to 30 June 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements are prepared under the historical cost convention. |
| Turnover |
| Turnover represents amounts receivable for goods and services net of VAT and trade discounts. |
| Tangible fixed assets |
| 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: |
| Demo equipment 3 years straight line |
| Fixtures, fittings & equipment 25% straight line |
| Motor vehicles 25% reducing balance |
| Stocks |
| Stock is valued at the lower of cost and net realisable value. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. Development |
| expenditure is written off in the same way unless the directors are satisfied as to the technical, commerical and |
| financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the |
| period during which the company is expected to benefit. |
| Hire purchase and leasing commitments |
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are |
| charged to the profit and loss account in the year they are payable. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2015 |
| and 30 June 2016 |
| DEPRECIATION |
| At 1 January 2015 |
| Charge for period |
| At 30 June 2016 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 31 December 2014 |
| Enercom Ltd (Registered number: 03367880) |
| Notes to the Abbreviated Accounts - continued |
| for the Period 1 January 2015 to 30 June 2016 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.16 | 31.12.14 |
| value: | £ | £ |
| Ordinary | £1 |