ODL Holdings (London) Limited - Limited company - abbreviated

REGISTERED NUMBER: 06683883 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 September 2013 to 30 November 2014

for

ODL HOLDINGS (LONDON) LIMITED

Page

Abbreviated Balance Sheet

1

to

2

Notes to the Abbreviated Accounts

3

to

4

FIXED ASSETS

Investments

2

1

CURRENT ASSETS

Debtors

88,421

33,918

Cash at bank

243,480

260,651

331,901

294,569

CREDITORS

Amounts falling due within one year

974

868

NET CURRENT ASSETS

330,927

293,701

TOTAL ASSETS LESS CURRENT
LIABILITIES

330,928

293,702

CAPITAL AND RESERVES

Called up share capital

3

1

Profit & loss account

330,927

293,701

SHAREHOLDERS' FUNDS

330,928

293,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 26 August 2015 and were signed by:

Dr A J Seijas-Requena - 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).

Preparation of consolidated financial statements

The financial statements contain information about ODL Holdings (London) Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company

has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated

financial statements.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Trusts

The Company has created a trust whose beneficiaries will include employees of the Company and

their dependants. Assets held under this trust will be controlled by trustees who will be acting

independently and entirely at their own discretion.

Where assets are held in the trust and these are considered by the Company to be in respect of

services already provided by employees to the Company, the Company will account for these as

assets of the trust when payment is made to the trust. The value transferred will be charged in the

Company's profit and loss account for the year to which it relates.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 September 2013

and 30 November 2014

1

NET BOOK VALUE

At 30 November 2014

1

At 31 August 2013

1

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

ODL Dental Clinic Ltd

Nature of business: Dental practice

%

Class of shares:

holding

Ordinary

100.00

2014

30/11/13

£

Aggregate capital and reserves

81,067

129,310

Profit for the period/year

251,757

97,386

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 November 2014

and the year ended 31 August 2013:

2014

2013

£

Dr A J Seijas-Requena

Balance outstanding at start of period

-

140,761

Amounts advanced

1,134

-

Amounts repaid

(1,134

)

(140,761

)

Balance outstanding at end of period

-

This amount was advanced in a single transaction during December 2013.

Interest was charged on any overdue amounts at a commercial rate of 4%.

ODL Holdings (London) Limited - Limited company - abbreviated - 11.6

ODL Holdings (London) Limited - Limited company - abbreviated - 11.6