Abbreviated Company Accounts - OKARITO (UK) LIMITED

OKARITO (UK) LIMITED - Company Information

Registered Number 04237128

OKARITO (UK) LIMITED

Abbreviated Accounts

31 October 2014

OKARITO (UK) LIMITED Registered Number 04237128

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,738	14,317
		10,738	14,317
Current assets
Debtors		291,746	142,960
Cash at bank and in hand		509,477	701,427
		801,223	844,387
Creditors: amounts falling due within one year		(71,935)	(120,785)
Net current assets (liabilities)		729,288	723,602
Total assets less current liabilities		740,026	737,919
Total net assets (liabilities)		740,026	737,919
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		739,026	736,919
Shareholders' funds		740,026	737,919

For the year ending 31 October 2014 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 31 July 2015

And signed on their behalf by:
David Young, Director

OKARITO (UK) LIMITED Registered Number 04237128

Notes to the Abbreviated Accounts for the period ended 31 October 2014

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 amount derived from the provision of goods and services falling within the company's activities after deduction of trade discounts and value added tax.

Tangible assets depreciation policy
Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives as follows: Plant and machinery 25%, Motor vehicles 25%.

2Tangible fixed assets

	£
Cost
At 31 October 2013	45,349
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	45,349
Depreciation
At 31 October 2013	31,032
Charge for the year	3,579
On disposals	-
At 31 October 2014	34,611
Net book values
At 31 October 2014	10,738
At 30 October 2013	14,317