OPEN NETWORK MANAGEMENT LIMITED - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02992228 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2013

FOR

OPEN NETWORK MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P WRIGHT

SECRETARY:

REGISTERED OFFICE:

38 DONCASTER ROAD

BARNSLEY

SOUTH YORKSHIRE

S70 1TL

REGISTERED NUMBER:

02992228 (England and Wales)

ACCOUNTANTS:

SEAMAN HERBERT & CO

ACCOUNTANTS

38 DONCASTER ROAD

BARNSLEY

SOUTH YORKSHIRE

S70 1TL

FIXED ASSETS

Tangible assets

2

3,671

4,895

CURRENT ASSETS

Debtors

-

157

Cash at bank

76,327

99,236

76,327

99,393

CREDITORS

Amounts falling due within one year

44,065

45,151

NET CURRENT ASSETS

32,262

54,242

TOTAL ASSETS LESS CURRENT LIABILITIES

35,933

59,137

PROVISIONS FOR LIABILITIES

734

979

NET ASSETS

35,199

58,158

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

35,197

58,156

SHAREHOLDERS' FUNDS

35,199

58,158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 21 August 2014 and were signed by:

P WRIGHT - 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.

Tangible fixed assets

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

Computer equipment

-

25% 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 December 2012

and 30 November 2013

5,776

DEPRECIATION

At 1 December 2012

881

Charge for year

1,224

At 30 November 2013

2,105

NET BOOK VALUE

At 30 November 2013

3,671

At 30 November 2012

4,895

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

2

ORDINARY

£1

2

2