Abbreviated Company Accounts - OODA LIMITED

Abbreviated Company Accounts - OODA LIMITED


Registered Number 08898669

OODA LIMITED

Abbreviated Accounts

31 March 2015

OODA LIMITED Registered Number 08898669

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015
£
Fixed assets
Tangible assets 2 261
Investments 3 55
316
Current assets
Debtors 37,647
Cash at bank and in hand 41,912
79,559
Creditors: amounts falling due within one year (76,759)
Net current assets (liabilities) 2,800
Total assets less current liabilities 3,116
Total net assets (liabilities) 3,116
Capital and reserves
Called up share capital 2
Profit and loss account 3,114
Shareholders' funds 3,116
  • For the year ending 31 March 2015 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 21 April 2015

And signed on their behalf by:
Annadore Barnes, Director

OODA LIMITED Registered Number 08898669

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Computer equipment 33% straight line

Valuation information and policy
Investments are detailed in the accounts at cost.

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets
£
Cost
Additions 391
Disposals -
Revaluations -
Transfers -
At 31 March 2015 391
Depreciation
Charge for the year 130
On disposals -
At 31 March 2015 130
Net book values
At 31 March 2015 261

3Fixed assets Investments
Investments

Other
investments
£
Cost
Additions 55

At 31 March 2015 55

The company holds 20% or more of the share capital of the following companies:

Capital and Profit (loss)
Company Shares held reserves for the year
Class % Aus $ Aus $
Miller Hare Australia Pty Ltd Ordinary 100 51,093 (7)