Abbreviated Company Accounts - OMNIA(CS) LIMITED

Registered Number 05269883

OMNIA(CS) LIMITED

Abbreviated Accounts

28 February 2015

OMNIA(CS) LIMITED Registered Number 05269883

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	79,260	73,215
Tangible assets	3	9,458	5,735
		88,718	78,950
Current assets
Stocks		124,077	69,580
Debtors		133,835	193,295
Cash at bank and in hand		110,734	178,933
		368,646	441,808
Prepayments and accrued income		57,982	8,612
Creditors: amounts falling due within one year		(189,923)	(206,880)
Net current assets (liabilities)		236,705	243,540
Total assets less current liabilities		325,423	322,490
Creditors: amounts falling due after more than one year		(106,667)	(170,667)
Accruals and deferred income		(2,404)	(1,817)
Total net assets (liabilities)		216,352	150,006
Capital and reserves
Called up share capital		760	760
Share premium account		19,960	19,960
Profit and loss account		195,632	129,286
Shareholders' funds		216,352	150,006

For the year ending 28 February 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 27 November 2015

And signed on their behalf by:
Walter Boersma, Director

OMNIA(CS) LIMITED Registered Number 05269883

Notes to the Abbreviated Accounts for the period ended 28 February 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.

Turnover policy
Turnover represents the value of goods and services invoiced to customers during the year, excluding value added tax

Tangible assets depreciation policy
Depreciation of tangible fixed assets has been calculated to write of the assets at rates based on the estimated useful lives of the assets. The following annual rates of depreciation are used:
Plant & Machinery 20% straight line and 33.33% straight line basis
Office Equipment 33.33% straight line basis
Motor Vehicles 20% reducing balance basis

Intangible assets amortisation policy
The intangible fixed asset represents development costs that meet the criteria for capitalisation and have been capitalised. The directors do not believe that any amortisation should be charged for the current year.

2Intangible fixed assets

	£
Cost
At 1 March 2014	73,215
Additions	6,045
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	79,260
Amortisation
At 1 March 2014	-
Charge for the year	-
On disposals	-
At 28 February 2015	-
Net book values
At 28 February 2015	79,260
At 28 February 2014	73,215

3Tangible fixed assets

	£
Cost
At 1 March 2014	44,322
Additions	7,924
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	52,246
Depreciation
At 1 March 2014	38,587
Charge for the year	4,201
On disposals	-
At 28 February 2015	42,788
Net book values
At 28 February 2015	9,458
At 28 February 2014	5,735