3 Ohms Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05529281 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014

FOR

3 OHMS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S P Lamy

Mrs J L Lamy

SECRETARY:

Mrs J L Lamy

REGISTERED OFFICE:

252 Normanston Drive

Lowestoft

Suffolk

NR32 2PS

REGISTERED NUMBER:

05529281 (England and Wales)

ACCOUNTANTS:

Juler Tooke

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

FIXED ASSETS

Tangible assets

2

4,665

4,805

CURRENT ASSETS

Debtors

7,175

16,670

Cash at bank and in hand

31,913

31,986

39,088

48,656

CREDITORS

Amounts falling due within one year

(17,758

)

(29,454

)

NET CURRENT ASSETS

21,330

19,202

TOTAL ASSETS LESS CURRENT LIABILITIES

25,995

24,007

PROVISIONS FOR LIABILITIES

(933

)

(962

)

NET ASSETS

25,062

23,045

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

25,060

23,043

SHAREHOLDERS' FUNDS

25,062

23,045

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 23 March 2015 and were signed on its behalf by:

S P Lamy - Director

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).

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery etc

-

20% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

6,466

Additions

800

At 31 October 2014

7,266

DEPRECIATION

At 1 November 2013

1,661

Charge for year

940

At 31 October 2014

2,601

NET BOOK VALUE

At 31 October 2014

4,665

At 31 October 2013

4,805

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

2

Ordinary

£1

2

2