Registered Number 07784824
BRIGHT SPARK ELECTRICAL & RENEWABLES LTD
Abbreviated Accounts
30 April 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
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|
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Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
|
|
Provisions for liabilities |
|
( |
|
Total net assets (liabilities) |
( |
|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
( |
|
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Shareholders' funds |
( |
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Equipment - 15% reducing balance basis
Intangible assets amortisation policy
Goodwill - 20% straight line
Other accounting policies
At 30 April 2015, the companys net current liabilities exceeded its net current assets by £19,173. At 30 April 2015, the company owed its director £38,730 and it is based on this continued support that the accounts are prepared on the going concern basis.
£ | |
---|---|
Cost | |
At 1 May 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 April 2015 |
|
Amortisation | |
At 1 May 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 April 2015 |
|
Net book values | |
At 30 April 2015 | 4,000 |
At 30 April 2014 | 6,000 |
£ | |
---|---|
Cost | |
At 1 May 2014 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 30 April 2015 |
|
Depreciation | |
At 1 May 2014 |
|
Charge for the year |
|
On disposals |
( |
At 30 April 2015 |
|
Net book values | |
At 30 April 2015 | 13,297 |
At 30 April 2014 | 15,723 |