Origin Product Design Limited - Limited company - abbreviated - 11.6
Origin Product Design Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
| FOR |
| ORIGIN PRODUCT DESIGN LIMITED |
| ORIGIN PRODUCT DESIGN LIMITED (REGISTERED NUMBER: 04579482) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| ORIGIN PRODUCT DESIGN LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Accountants |
| ORIGIN PRODUCT DESIGN LIMITED (REGISTERED NUMBER: 04579482) |
| ABBREVIATED BALANCE SHEET |
| 30TH NOVEMBER 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| ORIGIN PRODUCT DESIGN LIMITED (REGISTERED NUMBER: 04579482) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
| 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 goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st December 2013 |
| and 30th November 2014 |
| AMORTISATION |
| At 1st December 2013 |
| Amortisation for year |
| At 30th November 2014 |
| NET BOOK VALUE |
| At 30th November 2014 |
| At 30th November 2013 |
| ORIGIN PRODUCT DESIGN LIMITED (REGISTERED NUMBER: 04579482) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st December 2013 |
| and 30th November 2014 |
| DEPRECIATION |
| At 1st December 2013 |
| Charge for year |
| At 30th November 2014 |
| NET BOOK VALUE |
| At 30th November 2014 |
| At 30th November 2013 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st December 2013 |
| and 30th November 2014 | 20,000 |
| NET BOOK VALUE |
| At 30th November 2014 |
| At 30th November 2013 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30th November 2014 and |
| 30th November 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| ORIGIN PRODUCT DESIGN LIMITED (REGISTERED NUMBER: 04579482) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
| 6. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued |
| During the year dividends of £80,000 were paid to Mr A J Pearson, a director and sole shareholder of the |
| company. |
| During the year the company paid £12,583 in respect of consultancy fees under normal commercial terms to |
| Origin Product Design, a business operated and owned by Mr A J Pearson. |