Abbreviated Company Accounts - OSETEX LIMITED

Abbreviated Company Accounts - OSETEX LIMITED

EMIRALI UK LIMITED - Company Information

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Registered Number 06175964

OSETEX LIMITED

Abbreviated Accounts

31 March 2015

OSETEX LIMITED Registered Number 06175964

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 58 77
58 77
Current assets
Stocks 2,120 18,227
Debtors 81,842 236,386
Cash at bank and in hand 194,180 83,945
278,142 338,558
Creditors: amounts falling due within one year (108,137) (159,910)
Net current assets (liabilities) 170,005 178,648
Total assets less current liabilities 170,063 178,725
Total net assets (liabilities) 170,063 178,725
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 169,063 177,725
Shareholders' funds 170,063 178,725
  • 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 12 August 2015

And signed on their behalf by:
Susan Anne Palmer, Director

OSETEX LIMITED Registered Number 06175964

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

Office Equipment 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2014 433
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 433
Depreciation
At 1 April 2014 356
Charge for the year 19
On disposals -
At 31 March 2015 375
Net book values
At 31 March 2015 58
At 31 March 2014 77