Oliver Watkins Consultancy Limited - Limited company accounts 11.9

REGISTERED NUMBER: 09225676 (England and Wales)

OLIVER WATKINS CONSULTANCY LIMITED

Report of the Director and

Unaudited Financial Statements

for the Period

19 September 2014 to 31 October 2015

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

O Watkins

REGISTERED OFFICE:

46 High Path Road

Merrow

Guildford

Surrey

GU1 2QQ

REGISTERED NUMBER:

09225676 (England and Wales)

ACCOUNTANTS:

The Bailey Partnership

Chartered Accountants

Sterling House

27 Hatchlands Road

Redhill

Surrey

RH1 6RW

The director presents his report with the financial statements of the company for the period 19 September 2014 to 31 October 2015.

INCORPORATION

The company was incorporated on 19 September 2014 and commenced trading on the same date.

DIRECTOR

O Watkins was appointed as a director on 19 September 2014 and held office during the whole of the period from then to the date of this report.

The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006

relating to small companies.

ON BEHALF OF THE BOARD:

O Watkins - Director

26 November 2015

TURNOVER

36,058

Administrative expenses

14,907

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

2

21,151

Tax on profit on ordinary activities

3

4,520

PROFIT FOR THE FINANCIAL PERIOD

16,631

CURRENT ASSETS

Debtors

5

2,811

Cash at bank and in hand

4,900

7,711

CREDITORS

Amounts falling due within one year

6

6,980

NET CURRENT ASSETS

731

TOTAL ASSETS LESS CURRENT LIABILITIES

731

CAPITAL AND RESERVES

Called up share capital

7

100

Profit and loss account

8

631

SHAREHOLDERS' FUNDS

731

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 26 November 2015 and were signed by:

O Watkins - 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 services, excluding value added tax.

Deferred tax

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

the balance sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

£

Formation costs

120

Director's remuneration and other benefits etc

8,000

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the period was as follows:

£

Current tax:

UK corporation tax

4,520

Tax on profit on ordinary activities

4,520

4.

DIVIDENDS

£

Ordinary shares of £1 each

Final

16,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

2,811

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

5,900

Other creditors

1,080

6,980

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

8.

RESERVES

Profit

and loss

account

£

Profit for the period

16,631

Dividends

(16,000

)

At 31 October 2015

631