Company Registration No. 09263295 (England and Wales)
SO ENERGY TRADING LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
SO ENERGY TRADING LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
SO ENERGY TRADING LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
Notes
£
£
Fixed assets
Tangible assets
2
6,303
Current assets
Debtors
436,003
Cash at bank and in hand
790,832
1,226,835
Creditors: amounts falling due within one year
(911,283)
Net current assets
315,552
Total assets less current liabilities
321,855
Creditors: amounts falling due after more than one year
(700,000)
(378,145)
Capital and reserves
Called up share capital
3
1
Profit and loss account
(378,146)
Shareholders'  funds
(378,145)
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 30 December 2016
Mr S Oscroft
Director
Company Registration No. 09263295
SO ENERGY TRADING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
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 January 2015).

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:
Computer equipment
33% straight line
Fixtures, fittings & equipment
33% straight line
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015
-
Additions
7,823
At 31 March 2016
7,823
Depreciation
At 1 April 2015
-
Charge for the year
1,520
At 31 March 2016
1,520
Net book value
At 31 March 2016
6,303
3
Share capital
2016
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
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