Organa Project Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08454444 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

ORGANA PROJECT SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms L Haskoylu

REGISTERED OFFICE:

3rd Floor

210 South Street

Romford

Essex

RM1 1TR

REGISTERED NUMBER:

08454444 (England and Wales)

ACCOUNTANTS:

Lipson & Co

3rd Floor

210 South Street

Romford

Essex

RM1 1TG

FIXED ASSETS

Tangible assets

4

481

641

CURRENT ASSETS

Debtors

5

24,970

21,000

Cash at bank

29

15,028

24,999

36,028

CREDITORS

Amounts falling due within one year

6

24,740

26,236

NET CURRENT ASSETS

259

9,792

TOTAL ASSETS LESS CURRENT LIABILITIES

740

10,433

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

640

10,333

SHAREHOLDERS' FUNDS

740

10,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director on 22 July 2019 and were signed by:

Ms L Haskoylu - Director

1.	STATUTORY INFORMATION

Organa Project Services 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

and 31 March 2019

855

DEPRECIATION

At 1 April 2018

214

Charge for year

160

At 31 March 2019

374

NET BOOK VALUE

At 31 March 2019

481

At 31 March 2018

641

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

20,703

10,800

Other debtors

4,267

10,200

24,970

21,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

-

437

Taxation and social security

24,740

23,902

Other creditors

-

1,897

24,740

26,236

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms L Haskoylu.