Abbreviated Company Accounts - OPTIONS SERVICES UK LTD

OPTIONS SERVICES UK LTD - Company Information

Registered Number 03895471

OPTIONS SERVICES UK LTD

Abbreviated Accounts

31 December 2014

OPTIONS SERVICES UK LTD Registered Number 03895471

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	6,001	6,172
		6,001	6,172
Current assets
Debtors		25,357	29,493
Cash at bank and in hand		108,389	150,021
		133,746	179,514
Creditors: amounts falling due within one year		(125,628)	(172,137)
Net current assets (liabilities)		8,118	7,377
Total assets less current liabilities		14,119	13,549
Provisions for liabilities		(1,051)	(1,051)
Total net assets (liabilities)		13,068	12,498
Capital and reserves
Called up share capital		103	103
Profit and loss account		12,965	12,395
Shareholders' funds		13,068	12,498

For the year ending 31 December 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 29 August 2015

And signed on their behalf by:
N Speake, Director

OPTIONS SERVICES UK LTD Registered Number 03895471

Notes to the Abbreviated Accounts for the period ended 31 December 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
The turnover shown in the profit and loss account represents commissions received during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% Reducing balance basis
Equipment - 25% Reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 January 2014	29,100
Additions	2,135
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	31,235
Depreciation
At 1 January 2014	22,928
Charge for the year	2,306
On disposals	-
At 31 December 2014	25,234
Net book values
At 31 December 2014	6,001
At 31 December 2013	6,172