Odin Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07815719 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 5 April 2015

for

Odin Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTORS:

B Cheema

J Henderson

K Bishop

B Conlon

SECRETARY:

J Henderson

REGISTERED OFFICE:

57B Station Approach

West

Byfleet

Surrey

KT14 6NE

REGISTERED NUMBER:

07815719 (England and Wales)

ACCOUNTANTS:

Anchor Accounting Limited

Chartered Accountants

57B Station Approach

West Byfleet

Surrey

KT14 6NE

FIXED ASSETS

Tangible assets

2

5,781

4,998

CURRENT ASSETS

Stocks

4,850

985

Debtors

211,407

43,395

Cash at bank

40,309

68,205

256,566

112,585

CREDITORS

Amounts falling due within one year

238,898

77,469

NET CURRENT ASSETS

17,668

35,116

TOTAL ASSETS LESS CURRENT LIABILITIES

23,449

40,114

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

23,349

40,014

SHAREHOLDERS' FUNDS

23,449

40,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 December 2015 and were signed on its behalf by:

B Cheema - 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 goods, 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 6 April 2014

9,406

Additions

2,711

At 5 April 2015

12,117

DEPRECIATION

At 6 April 2014

4,408

Charge for year

1,928

At 5 April 2015

6,336

NET BOOK VALUE

At 5 April 2015

5,781

At 5 April 2014

4,998

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1

100

100

On 1 September 2014 Bruce Conlon became a shareholder of the company. With respect from that date the

shareholding is as follows:

- Mr. J. Henderson: 25 ordinary £1 shares

- Mr. B.S. Cheema: 25 ordinary £1 shares

- Mr. B.N. Conlon: 25 ordinary £1 shares

- Mr. K. Bishop: 25 ordinary £1 shares

4.	VALUE ADDED TAX

The company calculates its VAT liabilities under cash accounting and no longer uses the flat rate scheme.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 5 April 2015 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Anchor Accounting Limited

Chartered Accountants

57B Station Approach

West Byfleet

Surrey

KT14 6NE

Date: .............................................