Sib Energy Limited - Accounts to registrar (filleted) - small 17.3

Sib Energy Limited - Accounts to registrar (filleted) - small 17.3


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REGISTERED NUMBER: 08509447 (England and Wales)















Sib Energy Limited

Unaudited Financial Statements

for the Year Ended 31 December 2017






Sib Energy Limited (Registered number: 08509447)

Contents of the Financial Statements
for the Year Ended 31 December 2017










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Sib Energy Limited

Company Information
for the Year Ended 31 December 2017







DIRECTORS: N N Pucacco
Miss T Auciello
I Fawkes





REGISTERED OFFICE: 32 Thorpe Wood
Thorpe Wood Business Park
Peterborough
Cambridgeshire
PE3 6SR





REGISTERED NUMBER: 08509447 (England and Wales)





ACCOUNTANTS: Haines Watts Peterborough Limited
32 Thorpe Wood
Thorpe Wood Business Park
Peterborough
Cambridgeshire
PE3 6SR

Sib Energy Limited (Registered number: 08509447)

Statement of Financial Position
31 December 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 5 274,179 302,602
Cash at bank 31,589 17,433
305,768 320,035
CREDITORS
Amounts falling due within one year 6 100,414 114,007
NET CURRENT ASSETS 205,354 206,028
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,354

206,028

CREDITORS
Amounts falling due after more than one
year

7

20,000

20,000
NET ASSETS 185,354 186,028

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 185,351 186,025
185,354 186,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 March 2018 and were signed on its behalf by:





Miss T Auciello - Director


Sib Energy Limited (Registered number: 08509447)

Notes to the Financial Statements
for the Year Ended 31 December 2017


1. STATUTORY INFORMATION

Sib Energy Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 274,176 302,599
Other debtors 3 3
274,179 302,602

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 99,414 95,784
Taxation and social security - 17,723
Other creditors 1,000 500
100,414 114,007

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Other creditors 20,000 20,000