Orangered Limited - Period Ending 2015-03-31

Company No. 07193288

Orangered Limited

Abbreviated Accounts

Year Ended

31 March 2015
 

Brett Pittwood

Chartered Accountants

Orangered Limited   Accounts Year Ended 31 March 2015

INDEX Page

Abbreviated balance sheet 1

Notes to the abbreviated accounts 2

Orangered Limited Abbreviated balance sheet at 31 March 2015

page 787878787 Company No. 07193288

		Note			2015						2014
Fixed assets
Tangible fixed assets								714						1,465
Current assets
Debtors					20,520						5,643
Bank balances					26,179						73,438
					46,699						79,081
CREDITORS: amounts falling due within one year					(26,590)						(34,652)
Net current assets								20,109						44,429
Net assets								£20,823						£45,894
Capital and reserves
Called up share capital		3			1						1
Profit and loss account					20,822						45,893
								£20,823						£45,894

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 director acknowledges his 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 director on 29 December 2015

C Brophy
Director

Orangered Limited Notes to the abbreviated accounts   Year Ended 31 March 2015

page 787878787

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33.3% reducing balance

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Fixed assets

		Tangible assets			Total
Cost
At 1 April 2014		2,254			2,254
At 31 March 2015		2,254			2,254
Amortisation
At 1 April 2014		789			789
Charge for the year		751			751
At 31 March 2015		1,540			1,540
Net book value
At 31 March 2015		£714			£714
At 31 March 2014		£1,465			£1,465

3	Share capital

Allotted, called up and fully paid shares

	2015		2014
	No.	£	No.	£
Ordinary shares of £1.00 each	1	1	1	1