Abbreviated Company Accounts - OSFA LIMITED

07940019 OSFA LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 07940019 2014-02-01 2015-01-31 07940019 2015-01-31 07940019 2014-01-31 07940019 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 07940019 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 iso4217:GBP shares

Registered Number 07940019

OSFA LIMITED

Abbreviated Accounts

31 January 2015

OSFA LIMITED Registered Number 07940019

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	420	560
		420	560
Current assets
Debtors		14,964	17,400
Cash at bank and in hand		42,986	27,189
		57,950	44,589
Creditors: amounts falling due within one year		(21,810)	(16,345)
Net current assets (liabilities)		36,140	28,244
Total assets less current liabilities		36,560	28,804
Total net assets (liabilities)		36,560	28,804
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		36,559	28,803
Shareholders' funds		36,560	28,804

For the year ending 31 January 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 18 September 2015

And signed on their behalf by:
S Proudfoot, Director

OSFA LIMITED Registered Number 07940019

Notes to the Abbreviated Accounts for the period ended 31 January 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discount.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery 25% reducing balance basis

Other accounting policies
Pension Costs
The company operates a defined contribution pension scheme, and the pension charge represents the amount payable by the company to the fund in respect of the year.

2Tangible fixed assets

	£
Cost
At 1 February 2014	996
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	996
Depreciation
At 1 February 2014	436
Charge for the year	140
On disposals	-
At 31 January 2015	576
Net book values
At 31 January 2015	420
At 31 January 2014	560

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 A Ordinary shares of £1 each	1	1