Abbreviated Company Accounts - B9 ENERGY CONTROL LTD

B9 ENERGY CONTROL LTD - Company Information

NI067723 B9 ENERGY CONTROL LTD 2016-09-30 false 2015-10-01 2016-09-30 true NI067723 2015-10-01 2016-09-30 NI067723 2016-09-30 NI067723 2015-09-30 NI067723 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 NI067723 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2015-10-01 2016-09-30 uk-gaap-cd-bus:Director3 2016-09-30 uk-gaap-cd-bus:Director3 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-30 iso4217:GBP shares

Registered Number NI067723

B9 ENERGY CONTROL LTD

Abbreviated Accounts

30 September 2016

B9 ENERGY CONTROL LTD Registered Number NI067723

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	2,343,705	2,195,223
Investments	3	25,154	-
		2,368,859	2,195,223
Current assets
Stocks		-	-
Debtors		1,643,788	446,462
Investments		-	-
Cash at bank and in hand		288,925	51,638
		1,932,713	498,100
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(687,040)	(437,981)
Net current assets (liabilities)		1,245,673	60,119
Total assets less current liabilities		3,614,532	2,255,342
Creditors: amounts falling due after more than one year		(1,791,297)	(1,222,876)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		1,823,235	1,032,466
Capital and reserves
Called up share capital	4	2,754,658	2,123,079
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		(931,423)	(1,090,613)
Shareholders' funds		1,823,235	1,032,466

For the year ending 30 September 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 1 June 2017

And signed on their behalf by:
Ian Harvey, Director

B9 ENERGY CONTROL LTD Registered Number NI067723

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company’s ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and Machinery - Not depreciated
Fixtures, fittings and equipment - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 October 2015	2,195,623
Additions	148,852
Disposals	0
Revaluations	0
Transfers	0
At 30 September 2016	2,344,475
Depreciation
At 1 October 2015	400
Charge for the year	370
On disposals	0
At 30 September 2016	770
Net book values
At 30 September 2016	2,343,705
At 30 September 2015	2,195,223

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

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

	2016 £	2015 £
1,380,001 Ordinary shares of £1 each	1,380,001	1,380,001
1,374,657 A Ordinary shares of £1 each (743,078 shares for 2015)	1,374,657	743,078

During the year 631,579 Ordinary A shares having an aggregate nominal value of £631,579 were allocated for an aggregate consideration of £631,579.

5Transactions with directors

Name of director receiving advance or credit:	Ian Harvey
Description of the transaction:	Interest Free Loans
Balance at 1 October 2015:	£ 1,500
Advances or credits made:	£ 0
Advances or credits repaid:	£ 0
Balance at 30 September 2016:	£ 1,500

Mr Harvey also has loan notes in the sum of £765,954 (2015: £765,954) owed to him at the year end.