Onecow Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06913784 (England and Wales)

Abbreviated Accounts for the Year Ended 31st May 2014

for

Onecow Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

L Gillian

REGISTERED OFFICE:

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

REGISTERED NUMBER:

06913784 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Tangible assets

2

1,629

1,919

CURRENT ASSETS

Debtors

3,534

5,747

Cash at bank

7,805

21

11,339

5,768

CREDITORS

Amounts falling due within one year

12,897

7,585

NET CURRENT LIABILITIES

(1,558

)

(1,817

)

TOTAL ASSETS LESS CURRENT LIABILITIES

71

102

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

61

92

SHAREHOLDERS' FUNDS

71

102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26th February 2015 and were signed by:

L Gillian - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding 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

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2013

5,568

Additions

1,038

At 31st May 2014

6,606

DEPRECIATION

At 1st June 2013

3,649

Charge for year

1,328

At 31st May 2014

4,977

NET BOOK VALUE

At 31st May 2014

1,629

At 31st May 2013

1,919

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

1,000

Ordinary

1p

10

10

4.	RELATED PARTY DISCLOSURES

During the year Mr L Gillian was the ultimate controlling party, a Director and the majority

shareholder of the company. He received a dividend of £21,350 for the year ended 31 May 2014

(2013: £14,000).