Objective Professional Services Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02898747 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

FOR

OBJECTIVE PROFESSIONAL SERVICES LTD

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

M D Hennessy

SECRETARY:

Mrs R R Hennessy

REGISTERED OFFICE:

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

REGISTERED NUMBER:

02898747 (England and Wales)

ACCOUNTANTS:

Kirk Rice LLP

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2014 set out on pages four to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Kirk Rice LLP

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

24 April 2015

FIXED ASSETS

Tangible assets

2

2,949

4,647

CURRENT ASSETS

Debtors

27,708

21,832

Cash at bank

7,501

24,365

35,209

46,197

CREDITORS

Amounts falling due within one year

34,491

48,384

NET CURRENT ASSETS/(LIABILITIES)

718

(2,187

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,667

2,460

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

2,667

1,460

SHAREHOLDERS' FUNDS

3,667

2,460

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 director acknowledges his 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 24 April 2015 and were signed by:

M D Hennessy - 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 services, excluding value added tax. Income related to services

provided is recognised on the placement of candidates.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable are charged to the profit

and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

67,482

Additions

565

Disposals

(13,002

)

At 31 July 2014

55,045

DEPRECIATION

At 1 August 2013

62,835

Charge for year

612

Eliminated on disposal

(11,351

)

At 31 July 2014

52,096

NET BOOK VALUE

At 31 July 2014

2,949

At 31 July 2013

4,647

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	RELATED PARTY DISCLOSURES

5.	ULTIMATE CONTROLLING PARTY