Registration number:
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M B Energy Management Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3 ) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
M B Energy Management Limited
for the Year Ended 31 July 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of M B Energy Management Limited for the year ended 31 July 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook .
This report is made solely to the Board of Directors of M B Energy Management Limited, as a body, in accordance with the terms of our engagement letterdated 13 July 2010. Our work has been undertaken solely to prepare for your approval the accounts of M B Energy Management Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M B Energy Management Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that M B Energy Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of M B Energy Management Limited. You consider that M B Energy Management Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of M B Energy Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Kennedy Legg
Accountants
Stafford House
10 Prince Of Wales Road
Dorchester
Dorset
DT1 1PW
5 January 2017
M B Energy Management Limited
(Registration number: 05177045)
Abbreviated Balance Sheet at 31 July 2016
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2016
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2015
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Fixed assets |
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Investments |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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M J Barrington
Director
2
M B Energy Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Fixed asset investments
Financial instruments
Fixed assets |
Investments
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Total
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Cost |
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At 1 August 2015 |
1,491,985 |
1,491,985 |
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Additions |
212,907 |
212,907 |
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At 31 July 2016 |
1,704,892 |
1,704,892 |
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Depreciation |
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At 31 July 2016 |
- |
- |
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Net book value |
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At 31 July 2016 |
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At 31 July 2015 |
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The M B Energy Management partnership is a partnership between the company and M J Barrington. The investment represents the company's accumulated share of profits and losses derived from the venture, together with its capital introduced.
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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