Accounts filed on 28-02-2015


Registered number: 08399948






Edward Olphin Associates Ltd


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28/02/2015
























Prepared By:
Cate Moore Ltd
Weavers
Curload
Taunton
TA3 6JD


Edward Olphin Associates Ltd


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 28/02/2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 08399948


Registered Number: 08399948

BALANCE SHEET AT 28/02/2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Tangible assets	2		1,061		-

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	32,484		213
Cash at bank and in hand		3,694		9,000
		36,178		9,213
CREDITORS: Amounts falling due within one year		25,584		8,428
NET CURRENT ASSETS			10,594		785
TOTAL ASSETS LESS CURRENT LIABILITIES			11,655		785

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			11,555		685
SHAREHOLDERS' FUNDS			11,655		785

For the year ending 28/02/2015 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 29/11/2015 and signed on their behalf by




E Olphin
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		33%




1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1d. Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion.




3. DEBTORS	2015	2014
	£	£

Amounts falling due within one year:
Trade debtors	17,554	213
Other Tax	2,986	-
Other debtors	11,944	-
	32,484	213




4. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




5. TRANSACTIONS WITH DIRECTORS
During the year advances of £11,944 were made to the director. Interest of £191 was charged on these advances.




6. CONTROLLING PARTY
The ultimate controlling party is E Olphin.