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REGISTERED NUMBER: 07161652 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Orange Glow Energy Limited

Orange Glow Energy Limited (Registered number: 07161652)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Orange Glow Energy Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: H J A Kroon
A J Llewellyn





REGISTERED OFFICE: 38 Darlow Drive
Biddenham
Bedford
Bedfordshire
MK40 4AY





REGISTERED NUMBER: 07161652 (England and Wales)





ACCOUNTANTS: Paul Ng & Associates
15 Halifax Way
Welwyn Garden City
Hertfordshire
AL7 2QH

Orange Glow Energy Limited (Registered number: 07161652)

Balance Sheet
31 March 2018

31.3.18 31.3.17 1.4.16
as restated
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 11,055 13,471 19,486

CURRENT ASSETS
Stocks 11,629 11,096 13,263
Debtors 5 6,867 5,762 24,095
Cash at bank and in hand 59,958 38,779 20,123
78,454 55,637 57,481
CREDITORS
Amounts falling due within one year 6 (35,247 ) (24,551 ) (35,387 )
NET CURRENT ASSETS 43,207 31,086 22,094
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,262

44,557

41,580

CREDITORS
Amounts falling due after more than one
year

7

(50,191

)

(59,143

)

(67,784

)
NET ASSETS/(LIABILITIES) 4,071 (14,586 ) (26,204 )

CAPITAL AND RESERVES
Called up share capital 30,000 30,000 30,000
Retained earnings (25,929 ) (44,586 ) (56,204 )
SHAREHOLDERS' FUNDS 4,071 (14,586 ) (26,204 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

Orange Glow Energy Limited (Registered number: 07161652)

Balance Sheet - continued
31 March 2018



The financial statements were approved and authorised for issue by the Board of Directors on 27 June 2018 and were
signed on its behalf by:





H J A Kroon - Director


Orange Glow Energy Limited (Registered number: 07161652)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Orange Glow Energy Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition
Turnover is recognised to the extent that the company obtains the right to consideration in exchange for its
performance. Turnover is measured at the fair value of the consideration received or receivable and represents
the amount receivable for sales of goods and services rendered, net of discounts, rebates and value added tax

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except
to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company contributes to its employee's individual pension schemes. Contributions payable are charged to
profit or loss in the period to which they relate.

Orange Glow Energy Limited (Registered number: 07161652)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

2. ACCOUNTING POLICIES - continued

Financial instruments

The company has chosen to adopt the Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets
Basic financial assets, including trade and other receivables, cash and bank balances and investments, are
initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such
assets are subsequently carried at amortised cost using the effective interest method.

Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, are initially recognised at transaction
price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the
present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently
carried at amortised cost, using the effective interest rate method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 34,644
Additions 1,100
At 31 March 2018 35,744
DEPRECIATION
At 1 April 2017 21,173
Charge for year 3,516
At 31 March 2018 24,689
NET BOOK VALUE
At 31 March 2018 11,055
At 31 March 2017 13,471

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
as restated
£    £   
Trade debtors 6,867 5,762

Orange Glow Energy Limited (Registered number: 07161652)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
as restated
£    £   
Finance leases 1,954 1,641
Trade creditors 12,790 8,780
Taxation and social security 6,854 6,411
Other creditors 13,649 7,719
35,247 24,551

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.18 31.3.17
as restated
£    £   
Finance leases 14,191 16,143
Other creditors 36,000 43,000
50,191 59,143

8. RELATED PARTY DISCLOSURES

Creditors include £43,000 (2017: £50,000) due to Mr H J A Kroon. No interest is charged.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is H J A Kroon.