Osmond Reporting Limited - Period Ending 2014-03-31

Registration number: 07980649

Osmond Reporting Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014
 

Osmond Reporting Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Osmond Reporting Limited
(Registration number: 07980649)
Abbreviated Balance Sheet at 31 March 2014

		Note			31 March 2014 £			31 March 2013 £
Fixed assets
Tangible fixed assets		2			2,368			3,158
Current assets
Debtors					7,147			6,554
Cash at bank and in hand					31,787			35,508
					38,934			42,062
Creditors: Amounts falling due within one year					(15,843)			(18,885)
Net current assets					23,091			23,177
Total assets less current liabilities					25,459			26,335
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					25,457			26,333
Shareholders' funds					25,459			26,335

For the year ending 31 March 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 25 August 2014 and signed on its behalf by:

.........................................
Mr PC Osmond
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Osmond Reporting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the provision of transcription services.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance basis

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2013		3,589			3,589
At 31 March 2014		3,589			3,589
Depreciation
At 1 April 2013		431			431
Charge for the year		790			790
At 31 March 2014		1,221			1,221
Net book value
At 31 March 2014		2,368			2,368
At 31 March 2013		3,158			3,158

3	Share capital

Allotted, called up and fully paid shares

	31 March 2014						31 March 2013
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

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