Omnilink Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02701885 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

FOR

OMNILINK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J L Garagnon

REGISTERED OFFICE:

6 Owen Mansions

Queen's Club Gardens

London

W14 9RS

REGISTERED NUMBER:

02701885 (England and Wales)

BANKERS:

Barclays Bank plc

5a Marylebone High Street

London

W1M 4AH

FIXED ASSETS

Tangible assets

2

-

-

Investment property

3

2,851,708

2,958,229

2,851,708

2,958,229

CURRENT ASSETS

Stocks

206,528

30,370

Debtors

5,262

8,385

Cash at bank

305,381

46

517,171

38,801

CREDITORS

Amounts falling due within one year

485,958

407,626

NET CURRENT ASSETS/(LIABILITIES)

31,213

(368,825

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,882,921

2,589,404

CAPITAL AND RESERVES

Called up share capital

4

1,750,000

1,750,000

Share premium

4,832

4,832

Capital redemption reserve

3,355

3,355

Profit and loss account

1,124,734

831,217

SHAREHOLDERS' FUNDS

2,882,921

2,589,404

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 29 October 2015 and were signed by:

J L Garagnon - 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 comprises of the proceeds of money market assets held for re-sale.

OFFICE EQUIPMENT

Office equipment is written off in the year of acquisition.

RESIDENTIAL PROPERTIES

Property held by the company is Freehold or Long Leasehold and stated at cost. Market value is estimated to

exceed cost.

SECURITIES HELD FOR RE-SALE

Securities held for re-sale are valued at the lower of cost or market value. Total Market Value £206,528 (2014:

£30,370)

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

1,807

Additions

1,544

Disposals

(1,255

)

At 30 June 2015

2,096

DEPRECIATION

At 1 July 2014

1,807

Charge for year

1,544

Eliminated on disposal

(1,255

)

At 30 June 2015

2,096

NET BOOK VALUE

At 30 June 2015

-

At 30 June 2014

-

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 July 2014

2,958,229

Additions

853,871

Disposals

(960,392

)

At 30 June 2015

2,851,708

NET BOOK VALUE

At 30 June 2015

2,851,708

At 30 June 2014

2,958,229

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2,187,500

Ordinary

80p

1,750,000

1,750,000

5.

EMPLOYEES

The Director does not have a service contract and there were no employees during the year.

6.	CONTROLLING PARTY

The company is controlled by the shareholders.