Abbreviated Company Accounts - OPENVIEW LIMITED

01543746 OPENVIEW LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 01543746 2014-01-01 2014-12-31 01543746 2014-12-31 01543746 2013-12-31 01543746 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 01543746 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 01543746

OPENVIEW LIMITED

Abbreviated Accounts

31 December 2014

OPENVIEW LIMITED Registered Number 01543746

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	422,173	457,150
		422,173	457,150
Current assets
Debtors		34,822	45,802
Investments		140,166	178,331
Cash at bank and in hand		65,093	16,078
		240,081	240,211
Creditors: amounts falling due within one year		(1,004,565)	(1,045,986)
Net current assets (liabilities)		(764,484)	(805,775)
Total assets less current liabilities		(342,311)	(348,625)
Total net assets (liabilities)		(342,311)	(348,625)
Capital and reserves
Called up share capital	3	142	142
Share premium account		420,798	420,798
Other reserves		0	60,000
Profit and loss account		(763,251)	(829,565)
Shareholders' funds		(342,311)	(348,625)

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 24 July 2015

And signed on their behalf by:
R E G Iggulden, Director

OPENVIEW LIMITED Registered Number 01543746

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
Turnover represents the value, net of value added tax, of rents receivable and fees invoiced for management services.

Tangible assets depreciation policy
Freehold properties are included at cost. Depreciation has been provided on the properties at rates to write off the buldings over their estimated economic lives (Shrewsbury properties over 50 years and Wolverhampton properties over 6 years). Freehold land is not depreciated. Depreciation has been provided at the following rates in order to write off other assets over their estimated useful lives.

Plant and machinery 25% reducing balance

Other accounting policies
Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 January 2014	898,127
Additions	762
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	898,889
Depreciation
At 1 January 2014	440,977
Charge for the year	35,739
On disposals	-
At 31 December 2014	476,716
Net book values
At 31 December 2014	422,173
At 31 December 2013	457,150

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

	2014 £	2013 £
142 Ordinary shares of £1 each	142	142