Abbreviated Company Accounts - OVERTON MANAGEMENT LIMITED

OVERTON MANAGEMENT LIMITED - Company Information

Registered Number 02566849

OVERTON MANAGEMENT LIMITED

Abbreviated Accounts

30 September 2014

OVERTON MANAGEMENT LIMITED Registered Number 02566849

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	160,301	161,461
Investments		-	-
		160,301	161,461
Current assets
Stocks		-	-
Debtors		859	821
Investments		-	-
Cash at bank and in hand		1,639	2,161
		2,498	2,982
Creditors: amounts falling due within one year		(64,754)	(69,150)
Net current assets (liabilities)		(62,256)	(66,168)
Total assets less current liabilities		98,045	95,293
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		98,045	95,293
Capital and reserves
Called up share capital		100	100
Share premium account		0	0
Revaluation reserve		97,712	97,712
Profit and loss account		233	(2,519)
Shareholders' funds		98,045	95,293

For the year ending 30 September 2014 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 10 January 2015

And signed on their behalf by:
Roger James, Director

OVERTON MANAGEMENT LIMITED Registered Number 02566849

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the net amounts exclusive of VAT invoiced during the year by the company in respect of property rentals

Tangible assets depreciation policy
Depreciation is provided on the cost of tangible fixed assets in order to write off such cost after taking into account the scrap values over the expected useful life as follows:
Leasehold land and buildings ; 2% on cost or valuation or length of lease if less than 50 years
Fixtures and fittings: 50% on cost
Computors : 33 1/3 % on cost

Intangible assets amortisation policy
N/A

Valuation information and policy
N/A

Other accounting policies
N/A

2Tangible fixed assets

	£
Cost
At 1 October 2013	210,542
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 30 September 2014	210,542
Depreciation
At 1 October 2013	49,081
Charge for the year	1,160
On disposals	-
At 30 September 2014	50,241
Net book values
At 30 September 2014	160,301
At 30 September 2013	161,461