Little Oak Energy Limited
|
Registered number: |
08328307
|
Abbreviated Balance Sheet |
as at 31 December 2014
|
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
107,349 |
|
|
92,312 |
|
Current assets |
Stocks |
|
|
42,408 |
|
|
35,314 |
Debtors |
|
|
2,376 |
|
|
1,001 |
Cash at bank and in hand |
|
|
91 |
|
|
36,946 |
|
|
|
44,875 |
|
|
73,261 |
|
Creditors: amounts falling due within one year |
|
|
(238,047) |
|
|
(200,013) |
|
Net current liabilities |
|
|
|
(193,172) |
|
|
(126,752) |
|
Net liabilities |
|
|
|
(85,823) |
|
|
(34,440) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
(85,824) |
|
|
(34,441) |
|
Shareholder's funds |
|
|
|
(85,823) |
|
|
(34,440) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
G A Trowbridge |
Director |
Approved by the board on 14 October 2015
|
|
Little Oak Energy Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 December 2014
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance
|
|
0 |
|
|
0
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
112,934 |
|
Additions |
38,577 |
|
At 31 December 2014 |
151,511 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
20,622 |
|
Charge for the year |
23,540 |
|
At 31 December 2014 |
44,162 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
107,349 |
|
At 31 December 2013 |
92,312 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|