Optiplan Contracts Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05297379 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

OPTIPLAN CONTRACTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B Deasy

G R Jenkins

SECRETARY:

Ms L J Hinchliffe

REGISTERED OFFICE:

138 Farnborough Road

Heathend

Farnham

Surrey

GU9 9BD

REGISTERED NUMBER:

05297379 (England and Wales)

ACCOUNTANTS:

Griffins

Chartered Accountants

Griffins Court

24-32 London Road

NEWBURY

Berkshire

RG14 1JX

FIXED ASSETS

Tangible assets

2

-

748

CURRENT ASSETS

Stocks

25,737

6,054

Debtors

104,692

75,632

Cash at bank and in hand

325,254

369,808

455,683

451,494

CREDITORS

Amounts falling due within one year

98,943

100,396

NET CURRENT ASSETS

356,740

351,098

TOTAL ASSETS LESS CURRENT LIABILITIES

356,740

351,846

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

356,640

351,746

SHAREHOLDERS' FUNDS

356,740

351,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 September 2014 and were signed on its behalf by:

B Deasy - Director

G R Jenkins - Director

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 and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to leasehold property

-

over the length of the lease

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

22,385

DEPRECIATION

At 1 January 2013

21,637

Charge for year

748

At 31 December 2013

22,385

NET BOOK VALUE

At 31 December 2013

-

At 31 December 2012

748

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.