Opportunities Workshop Ltd - Limited company - abbreviated - 11.6
Opportunities Workshop Ltd - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
OPPORTUNITIES WORKSHOP LTD (REGISTERED NUMBER: 08145150) |
ABBREVIATED BALANCE SHEET |
31 JULY 2014 |
31.7.14 | 31.7.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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 financial statements were approved by the Board of Directors on behalf by: |
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 |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
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 |
At 31 July 2014 |
NET BOOK VALUE |
At 31 July 2014 |
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 |
Additions |
Disposals | ( |
) |
At 31 July 2014 |
DEPRECIATION |
At 1 August 2013 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 July 2014 |
NET BOOK VALUE |
At 31 July 2014 |
At 31 July 2013 |
4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
The aggregate total of debtors falling due after more than one year is £ |
5. | CREDITORS |
Creditors include an amount of £ |
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: | £ | £ |
Ordinary | £1 |
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 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year |
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 |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year |