Abbreviated Company Accounts - OVATION BOAT SERVICES LTD

Abbreviated Company Accounts - OVATION BOAT SERVICES LTD

OVATION BOAT SERVICES LTD - Company Information

Print Friendly Version

Registered Number 07327026

OVATION BOAT SERVICES LTD

Abbreviated Accounts

31 July 2014

OVATION BOAT SERVICES LTD Registered Number 07327026

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,328 4,658
2,328 4,658
Current assets
Stocks 47,000 37,110
Cash at bank and in hand 31,874 20,930
78,874 58,040
Creditors: amounts falling due within one year (8,301) (5,886)
Net current assets (liabilities) 70,573 52,154
Total assets less current liabilities 72,901 56,812
Creditors: amounts falling due after more than one year (51,135) (44,509)
Total net assets (liabilities) 21,766 12,303
Capital and reserves
Called up share capital 1 1
Profit and loss account 21,765 12,302
Shareholders' funds 21,766 12,303
  • For the year ending 31 July 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 24 February 2015

And signed on their behalf by:
Chris Williams, Director

OVATION BOAT SERVICES LTD Registered Number 07327026

Notes to the Abbreviated Accounts for the period ended 31 July 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.

2Tangible fixed assets
£
Cost
At 1 August 2013 11,648
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 11,648
Depreciation
At 1 August 2013 6,990
Charge for the year 2,330
On disposals -
At 31 July 2014 9,320
Net book values
At 31 July 2014 2,328
At 31 July 2013 4,658