Objective Professional Services Limited - Accounts to registrar (filleted) - small 18.2

Objective Professional Services Limited - Accounts to registrar (filleted) - small 18.2

OBJECTIVE PROFESSIONAL SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 02898747 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2019

FOR

OBJECTIVE PROFESSIONAL SERVICES LIMITED
OBJECTIVE PROFESSIONAL SERVICES LIMITED (REGISTERED NUMBER: 02898747)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2019




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


OBJECTIVE PROFESSIONAL SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2019







Director: M D Hennessy





Secretary: Mrs R R Hennessy





Registered office: Suite 19
Maple Court
Grove Park
Maidenhead
Berkshire
SL6 3LW





Registered number: 02898747 (England and Wales)





Accountants: Norwoods
Suite 19
Maple Court
Grove Park
Maidenhead
Berkshire
SL6 3LW
Page 1
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
OBJECTIVE PROFESSIONAL SERVICES LIMITED (REGISTERED NUMBER: 02898747)

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary
statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Objective Professional Services Limited for the year ended 31 July 2019 which comprise the
Income Statement, Balance Sheet and the related notes from the company's accounting records and from information
and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Objective Professional Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Objective Professional Services Limited and state those matters that we have agreed to state to the director of Objective Professional Services Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Objective Professional Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Objective Professional Services Limited. You consider that Objective Professional Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Objective Professional Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Norwoods
Suite 19
Maple Court
Grove Park
Maidenhead
Berkshire
SL6 3LW


3 October 2019

This page does not form part of the statutory financial statements

Page 2
OBJECTIVE PROFESSIONAL SERVICES LIMITED (REGISTERED NUMBER: 02898747)

BALANCE SHEET
31 July 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 378 511

CURRENT ASSETS
Debtors 5 4,647 7,880
Cash at bank 5,167 30,794
9,814 38,674
CREDITORS
Amounts falling due within one year 6 3,872 38,506
NET CURRENT ASSETS 5,942 168
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,320
679

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 5,320 (321 )
6,320 679

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2019 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 3 October 2019 and were signed by:





M D Hennessy - Director


The notes form part of these financial statements

Page 3
OBJECTIVE PROFESSIONAL SERVICES LIMITED (REGISTERED NUMBER: 02898747)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2019

1. STATUTORY INFORMATION

Objective Professional 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 15% 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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company
has adequate resources to continue in operational existence for the foreseeable future. Thus the directors
continue to adopt the going concern basis of accounting in preparing the financial statements.

Financial instruments
The company has financial assets and liabilities of a kind that qualify as basic financial instruments, which are
initially recognised at transaction value and subsequently measures at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

Page 4 continued...
OBJECTIVE PROFESSIONAL SERVICES LIMITED (REGISTERED NUMBER: 02898747)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2019

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 August 2018
and 31 July 2019 2,425 262 2,227 4,914
Depreciation
At 1 August 2018 2,377 244 1,782 4,403
Charge for year 18 4 111 133
At 31 July 2019 2,395 248 1,893 4,536
Net book value
At 31 July 2019 30 14 334 378
At 31 July 2018 48 18 445 511

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 4,647 3,809
Other debtors - 4,071
4,647 7,880

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 10 97
Taxation and social security 2,903 6,570
Other creditors 959 31,839
3,872 38,506

Page 5