Abbreviated Company Accounts - O'DELL REWORK SOLUTIONS LIMITED

O'DELL REWORK SOLUTIONS LIMITED - Company Information

Registered Number 06842415

O'DELL REWORK SOLUTIONS LIMITED

Abbreviated Accounts

31 March 2015

O'DELL REWORK SOLUTIONS LIMITED Registered Number 06842415

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,330	10,892
		8,330	10,892
Current assets
Stocks		29,377	29,377
Debtors		49,971	15,484
Cash at bank and in hand		61,682	78,237
		141,030	123,098
Creditors: amounts falling due within one year		(139,035)	(130,594)
Net current assets (liabilities)		1,995	(7,496)
Total assets less current liabilities		10,325	3,396
Creditors: amounts falling due after more than one year		-	(1,906)
Total net assets (liabilities)		10,325	1,490
Capital and reserves
Called up share capital		100	100
Profit and loss account		10,225	1,390
Shareholders' funds		10,325	1,490

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 29 June 2015

And signed on their behalf by:
J L O'Dell, Director

O'DELL REWORK SOLUTIONS LIMITED Registered Number 06842415

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over theit expected useful economic life at the rate of 25% per annum reducing balance.

Other accounting policies
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stock. net realisable value is based on selling price less anticipated costs to completion and selling costs.
The company operates a defined contribution pension scheme. contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 April 2014	13,666
Additions	217
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	13,883
Depreciation
At 1 April 2014	2,774
Charge for the year	2,779
On disposals	-
At 31 March 2015	5,553
Net book values
At 31 March 2015	8,330
At 31 March 2014	10,892