Opportunities Workshop Ltd - Limited company - abbreviated - 11.6

Opportunities Workshop Ltd - Limited company - abbreviated - 11.6


08145150 1.8.13 31.7.14 31.7.14 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure081451502013-07-31081451502014-07-31081451502013-08-012014-07-31081451502012-07-31081451502012-08-012013-07-31081451502013-07-3108145150ns12:England2013-08-012014-07-3108145150ns14:PoundSterling2013-08-012014-07-3108145150ns7:Director12013-08-012014-07-3108145150ns7:Director22013-08-012014-07-3108145150ns7:OrdinaryShareClass12013-08-012014-07-3108145150ns7:RegisteredOffice2013-08-012014-07-3108145150ns7:EntityAccountantsOrAuditors2013-08-012014-07-3108145150ns5:FixturesFittings2013-08-012014-07-3108145150ns5:MotorVehicles2013-08-012014-07-3108145150ns5:ComputerEquipment2013-08-012014-07-3108145150ns7:OrdinaryShareClass12014-07-3108145150ns7:OrdinaryShareClass12013-07-3108145150ns7:Director12013-07-3108145150ns7:Director12012-07-3108145150ns7:Director12012-08-012013-07-3108145150ns7:Director12014-07-3108145150ns7:Director12013-07-3108145150ns7:Director22013-07-3108145150ns7:Director22012-07-3108145150ns7:Director22012-08-012013-07-3108145150ns7:Director22014-07-3108145150ns7:Director22013-07-31
REGISTERED NUMBER: 08145150 (England and Wales)



ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

FOR

OPPORTUNITIES WORKSHOP LTD

OPPORTUNITIES WORKSHOP LTD (REGISTERED NUMBER: 08145150)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

OPPORTUNITIES WORKSHOP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2014







DIRECTORS: C Hodson
D Morley





REGISTERED OFFICE: 82 Waterson Vale
Chelmsford
Essex
CM2 9PB





REGISTERED NUMBER: 08145150 (England and Wales)





ACCOUNTANTS: Lucentum Ltd
Kingfisher House
11 Hoffmanns Way
Chelmsford
Essex
CM1 1GU

OPPORTUNITIES WORKSHOP LTD (REGISTERED NUMBER: 08145150)

ABBREVIATED BALANCE SHEET
31 JULY 2014

31.7.14 31.7.13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 6,965 -
Tangible assets 3 9,673 5,933
16,638 5,933

CURRENT ASSETS
Debtors 4 103,277 82,953
Cash at bank - 182
103,277 83,135
CREDITORS
Amounts falling due within one year 5 98,950 87,431
NET CURRENT ASSETS/(LIABILITIES) 4,327 (4,296 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,965

1,637

CREDITORS
Amounts falling due after more than one
year

5

57,587

44,167
NET LIABILITIES (36,622 ) (42,530 )

CAPITAL AND RESERVES
Called up share capital 6 300 300
Profit and loss account (36,922 ) (42,830 )
SHAREHOLDERS' FUNDS (36,622 ) (42,530 )

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

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

The directors acknowledge their 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.

OPPORTUNITIES WORKSHOP LTD (REGISTERED NUMBER: 08145150)

ABBREVIATED BALANCE SHEET - continued
31 JULY 2014


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 Board of Directors on 4 March 2015 and were signed on its
behalf by:




C Hodson - Director



D Morley - Director


OPPORTUNITIES WORKSHOP LTD (REGISTERED NUMBER: 08145150)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014

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).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company
qualifies as a small company.

Turnover
Turnover represents net invoiced service for education and training, 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.

Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Going concern
At the balance sheet date the company had a deficit on shareholders funds.

The directors have considered the cashflow requirements of the company for a period of at least
twelve months from the date of approval of these financial statements and are confident that sufficient
financial resources will be available and that the company will be able to settle any debts as they fall
due. Accordingly these financial statements have been prepared on a going concern basis.

Should this basis not be appropriate, adjustments would have to be made to reduce the value of
assets to their recoverable amount, to provide for any further liabilities which might arise, and to
reclassify fixed assets.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 6,965
At 31 July 2014 6,965
NET BOOK VALUE

At 31 July 2014 6,965

OPPORTUNITIES WORKSHOP LTD (REGISTERED NUMBER: 08145150)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JULY 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2013 7,241
Additions 9,065
Disposals (1,550 )
At 31 July 2014 14,756
DEPRECIATION
At 1 August 2013 1,308
Charge for year 4,181
Eliminated on disposal (406 )
At 31 July 2014 5,083
NET BOOK VALUE
At 31 July 2014 9,673
At 31 July 2013 5,933

4. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 6,228 (31.7.13 - £ 8,360 )

5. CREDITORS

Creditors include an amount of £ 58,913 (31.7.13 - £ 49,167 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.7.14 31.7.13
£    £   
Repayable by instalments 36,215 24,167

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.14 31.7.13
value: £    £   
300 Ordinary £1 300 300

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following loans to the company from the directors subsisted during the years ended 31 July 2014
and 31 July 2013:

31.7.14 31.7.13
£    £   
C Hodson
Balance outstanding at start of year 25,283 -
Amounts advanced 14,383 31,383
Amounts repaid (15,764 ) (6,100 )
Balance outstanding at end of year 23,902 25,283

OPPORTUNITIES WORKSHOP LTD (REGISTERED NUMBER: 08145150)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JULY 2014

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

D Morley
Balance outstanding at start of year 25,126 -
Amounts advanced 34,906 30,126
Amounts repaid (15,000 ) (5,000 )
Balance outstanding at end of year 45,032 25,126