true ABCDEF true true true true true 5360 G Rich £1 Ordinary shares 50 £1 Ordinary shares 50 A N Accountant Chartered Accountants High Street London SA11 2JU
Registered Number 123456

No-Energy Ltd

Abbreviated Accounts

31 October 2003


No-Energy Ltd Registered Number 123456

Balance Sheet as at 31 October 2003
Notes 2003 2002
£ £ £ £
Called up share capital not paid 100 100
Fixed assets
Intangible 2 750 900
Tangible 3 7,464 9,054
Investments 0 0
8,214 9,954
Current assets
Stocks 694 543
Debtors 3,767 2,685
Cash at bank and in hand 1,822 1,593
Total current assets 6,283 4,821
Creditors: amounts falling due within one year 4 (2,965) (2,456)
Net current assets 3,318 2,365
Total assets less current liabilities 11,632 12,419
Creditors: amounts falling due after one year 5 (4,775) (5,550)
Provisions for liabilities and charges (225) (225)
Total net Assets (liabilities) 6,632 6,644
Capital and reserves
Called up share capital 6 100 100
Share premium account 0 0
Profit and loss account 6,432 6,444
Shareholders funds 6,532 6,544
  1. For the year ending 31 October 2003 the company was entitled to exemption under section 249A(1) of the Companies Act 1985.
  2. Members have not required the company to obtain an audit in accordance with section 249B(2) of the Companies Act 1985
  3. The directors acknowledge their responsibility for:
    1. ensuring the company keeps accounting records which comply with Section 221; and
    2. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 226, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the company.
  4. The accounts have been prepared in accordance with the special provisions in Part VII of the Companies Act 1985 relating to small companies

Approved by the board on 11 August 2004

And signed on their behalf by:
G Rich, Director
A N Other, Secretary

This document was delivered using electronic communications and authenticated in accordance with section 707B(2) of the Companies Act 1985.

No-Energy Ltd Registered Number 123456

Notes to the abbreviated accounts
For the year ending 31 October 2003
1

Accounting policies

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Small Entities (effective June 2002)

Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of VAT and trade discounts.

Stocks
Stock is valued at the lower of cost and net realisable value

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land & Buildings 10% straight line
Furniture 20% straight line
Computer Equipment 20% straight line
Communications Equipment 20% straight line
Motor Vehicles 25% straight line
2

Intangible fixed assets
Cost Or Valuation £
At 31 October 2002 1,195
At 31 October 2003 1,195

Depreciation
At 31 October 2002 295
Charge for year 150
At 31 October 2003 445

Net Book Value
At 31 October 2002 900
At 31 October 2003 750
3

Tangible fixed assets
Land & Buildings Plant & Machinery Total
Cost £ £ £
At 31 October 2002 1,000 10,041 11,041
additions 0 769 769
disposals 0 0 0
At 31 October 2003 1,000 10,810 11,810

Depreciation
At 31 October 2002 100 1,887 1,987
Charge for year 100 2,259 2,359
on disposals 0 0 0
At 31 October 2003 200 4,146 4,346

Net Book Value
At 31 October 2002 900 8,154 9,054
At 31 October 2003 800 6,664 7,464
4

Creditors: amounts falling due within one year
2003 2002
£ £
Bank loans and overdrafts 1,256 1,444
Trade creditors 1,341 688
Taxation and Social Security 368 324
2,965 2,456
5

Creditors: amounts falling due after one year
2003 2002
£ £
Bank loans and overdrafts 2,610 2,835
Obligations under finance leases 2,165 2,715
4,775 5,550
6

Share capital
2003 2002
£ £
Authorised share capital:
1000 A shares of £1 each
A shares 1000 1 1,000 1,000
Allotted, called up and fully paid:
100 A shares of £1 each
A shares 100 1 100 50