Abbreviated Company Accounts - SYNERGY POWER LTD

08129914 SYNERGY POWER LTD 2016-07-31 false 2015-08-01 2016-07-31 true 08129914 2015-08-01 2016-07-31 08129914 2016-07-31 08129914 2015-07-31 08129914 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 08129914 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 08129914

SYNERGY POWER LTD

Abbreviated Accounts

31 July 2016

SYNERGY POWER LTD Registered Number 08129914

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	3,150	3,600
Tangible assets	3	4,254	5,955
		7,404	9,555
Current assets
Debtors		16,892	17,005
Cash at bank and in hand		97,635	77,256
		114,527	94,261
Creditors: amounts falling due within one year		(34,093)	(40,745)
Net current assets (liabilities)		80,434	53,516
Total assets less current liabilities		87,838	63,071
Total net assets (liabilities)		87,838	63,071
Capital and reserves
Called up share capital	4	100	1
Profit and loss account		87,738	63,070
Shareholders' funds		87,838	63,071

For the year ending 31 July 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 25 April 2017

And signed on their behalf by:
K Dattani, Director

SYNERGY POWER LTD Registered Number 08129914

Notes to the Abbreviated Accounts for the period ended 31 July 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
Turnover comprises revenue recognized by the company in respect of services supplied

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment 25% on cost

Intangible assets amortisation policy
Goodwill is written off in equal installments over its useful life.

Other accounting policies
Cash Flow
The financial statements do not include a cash flow statement because the company, as a small reporting entity,
Is exempt from the requirement to prepare such a statement under the Financial Reporting Standards for smaller entities (effective April 2008)

Deferred tax
Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date

2Intangible fixed assets

	£
Cost
At 1 August 2015	4,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	4,500
Amortisation
At 1 August 2015	900
Charge for the year	450
On disposals	-
At 31 July 2016	1,350
Net book values
At 31 July 2016	3,150
At 31 July 2015	3,600

3Tangible fixed assets

	£
Cost
At 1 August 2015	8,264
Additions	485
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	8,749
Depreciation
At 1 August 2015	2,309
Charge for the year	2,186
On disposals	-
At 31 July 2016	4,495
Net book values
At 31 July 2016	4,254
At 31 July 2015	5,955

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each (1 shares for 2015)	100	1