Octavia Assets Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08606750 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 11 July 2013 to 31 July 2014

for

Octavia Assets Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs J C Clague

SECRETARY:

N C Clague

REGISTERED OFFICE:

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

REGISTERED NUMBER:

08606750 (England and Wales)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

FIXED ASSETS

Investment property

2

271,550

CURRENT ASSETS

Cash at bank

8,061

CREDITORS

Amounts falling due within one year

254,403

NET CURRENT LIABILITIES

(246,342

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,208

CAPITAL AND RESERVES

Called up share capital

3

1

Revaluation reserve

19,933

Profit and loss account

5,274

SHAREHOLDERS' FUNDS

25,208

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

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

The director acknowledges her 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 director on 9 April 2015 and were signed by:

Mrs J C Clague - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

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

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

Additions

251,617

Revaluations

19,933

At 31 July 2014

271,550

NET BOOK VALUE

At 31 July 2014

271,550

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1.00

1

1 Ordinary share of £1.00 was allotted and fully paid for cash at par during the period.