Company Registration No. 07034206 (England and Wales)
FUTURE ENERGY CONSULTING LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
FUTURE ENERGY CONSULTING LIMITED
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3 - 4
FUTURE ENERGY CONSULTING LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF FUTURE ENERGY CONSULTING LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 1 -
The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Future Energy Consulting Limited for the year ended 30 September 2015 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made solely to the Board of Directors of Future Energy Consulting Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Future Energy Consulting Limited and state those matters that we have agreed to state to the Board of Directors of Future Energy Consulting Limited, as a body, in this report in accordance with Association of Chartered Certified Accountants as detailed at www.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Future Energy Consulting Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Future Energy Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Future Energy Consulting Limited. You consider that Future Energy Consulting 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 financial statements of Future Energy Consulting 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 financial statements.
Rowland Hall
10 August 2016
Chartered Certified Accountants
44-54 Orsett Road
Grays
Essex
RM17 5ED
FUTURE ENERGY CONSULTING LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 2 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
2,381
1,716
Current assets
Debtors
11,144
2,348
Cash at bank and in hand
12,790
7,537
23,934
9,885
Creditors: amounts falling due within one year
(19,697)
(14,271)
Net current assets/(liabilities)
4,237
(4,386)
Total assets less current liabilities
6,618
(2,670)
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
6,617
(2,671)
Shareholders' funds
6,618
(2,670)
For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 10 August 2016
Mr Mark Surry
Director
Company Registration No. 07034206
FUTURE ENERGY CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
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1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
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:
Plant and machinery
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2014
4,569
Additions
1,459
At 30 September 2015
6,028
Depreciation
At 1 October 2014
2,853
Charge for the year
794
At 30 September 2015
3,647
Net book value
At 30 September 2015
2,381
At 30 September 2014
1,716
FUTURE ENERGY CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2015
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3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1