Abbreviated Company Accounts - OTTOMAN LIMITED

01640078 OTTOMAN LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 01640078 2014-04-01 2015-03-31 01640078 2015-03-31 01640078 2014-03-31 01640078 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 01640078 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 01640078

OTTOMAN LIMITED

Abbreviated Accounts

31 March 2015

OTTOMAN LIMITED Registered Number 01640078

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	45	56
Investments	3	7,332	69,384
		7,377	69,440
Current assets
Debtors		16,831	13,059
Cash at bank and in hand		138	-
		16,969	13,059
Net current assets (liabilities)		16,969	13,059
Total assets less current liabilities		24,346	82,499
Creditors: amounts falling due after more than one year		(3,270)	(51,017)
Total net assets (liabilities)		21,076	31,482
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		20,976	31,382
Shareholders' funds		21,076	31,482

For the year ending 31 March 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 24 November 2015

And signed on their behalf by:
Mrs S H Bankes, Director

OTTOMAN LIMITED Registered Number 01640078

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Tangible assets depreciation policy
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 20% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	5,773
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	5,773
Depreciation
At 1 April 2014	5,717
Charge for the year	11
On disposals	-
At 31 March 2015	5,728
Net book values
At 31 March 2015	45
At 31 March 2014	56

3Fixed assets Investments
Fixed asset investments are stated at cost.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100