Oaklands Information Systems Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06134304 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2015

for

Oaklands Information Systems Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Barrow

REGISTERED OFFICE:

61 Robbery Bottom Lane

Welwyn

Hertfordshire

AL6 0UL

REGISTERED NUMBER:

06134304 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

28 Church Road

Stanmore

Middlesex

HA7 4XR

FIXED ASSETS

Tangible assets

2

556

742

CURRENT ASSETS

Debtors

26,693

24,901

Cash at bank

7,095

13,142

33,788

38,043

CREDITORS

Amounts falling due within one year

(24,264

)

(32,968

)

NET CURRENT ASSETS

9,524

5,075

TOTAL ASSETS LESS CURRENT LIABILITIES

10,080

5,817

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

9,980

5,717

SHAREHOLDERS' FUNDS

10,080

5,817

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 December 2015 and were signed by:

J Barrow - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

1,121

DEPRECIATION

At 1 April 2014

379

Charge for year

186

At 31 March 2015

565

NET BOOK VALUE

At 31 March 2015

556

At 31 March 2014

742

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

50

Ordinary A Shares

£1

50

50

50

Ordinary B Shares

£1

50

50

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

2015

2014

£

£

J Barrow

Balance outstanding at start of year

(1,541

)

-

Amounts advanced

51,011

-

Amounts repaid

(47,278

)

(1,541

)

Balance outstanding at end of year

2,192

(1,541

)

5.	ULTIMATE CONTROLLING PARTY