Registered Number 08283531

NEW STREAM RENEWABLES LIMITED

Abbreviated Accounts

30 November 2016

NEW STREAM RENEWABLES LIMITED Registered Number 08283531

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 2,918 795
2,918 795
Current assets
Debtors 232,054 84,516
Cash at bank and in hand 14,750 15,093
246,804 99,609
Creditors: amounts falling due within one year (165,153 ) (68,583 )
Net current assets (liabilities) 81,651 31,026
Total assets less current liabilities 84,569 31,821
Total net assets (liabilities) 84,569 31,821
Capital and reserves
Called up share capital 100 100
Profit and loss account 84,469 31,721
Shareholders' funds 84,569 31,821

  • For the year ending 30 November 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 August 2017

And signed on their behalf by:
C P Ward, Director
G Goodall, Director

NEW STREAM RENEWABLES LIMITED Registered Number 08283531

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1 Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015)

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire Purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease

2 Tangible fixed assets
£
Cost
At 1 December 2015 1,408
Additions 2,784
Disposals -
Revaluations -
Transfers -
At 30 November 2016 4,192
Depreciation
At 1 December 2015 613
Charge for the year 661
On disposals -
At 30 November 2016 1,274
Net book values
At 30 November 2016 2,918
At 30 November 2015 795

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipement - 25% on reducing balance

3 Transactions with directors

Name of director receiving advance or credit: G Goodall
Description of the transaction: Loan to director
Balance at 1 December 2015: £ 49,488
Advances or credits made: £ 119,119
Advances or credits repaid: £ 49,488
Balance at 30 November 2016: £ 119,119

Name of director receiving advance or credit: C P Ward
Description of the transaction: Loan to director
Balance at 1 December 2015: £ 34,276
Advances or credits made: £ 76,401
Advances or credits repaid: £ 34,276
Balance at 30 November 2016: £ 76,401