Objective Professional Services Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02898747 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

FOR

OBJECTIVE PROFESSIONAL SERVICES LTD

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

M D Hennessy

SECRETARY:

Mrs R R Hennessy

REGISTERED OFFICE:

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

REGISTERED NUMBER:

02898747 (England and Wales)

ACCOUNTANTS:

Kirk Rice LLP

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

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

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

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2015 set out on pages four to eight 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.

Kirk Rice LLP

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

18 January 2016

FIXED ASSETS

Tangible assets

2

2,186

2,949

CURRENT ASSETS

Debtors

11,303

27,708

Cash at bank

1,857

7,501

13,160

35,209

CREDITORS

Amounts falling due within one year

47,771

34,491

NET CURRENT (LIABILITIES)/ASSETS

(34,611

)

718

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,425

)

3,667

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

(33,425

)

2,667

SHAREHOLDERS' FUNDS

(32,425

)

3,667

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 January 2016 and were signed by:

M D Hennessy - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These accounts have been prepared on the going concern basis, on the understanding that the directors and

shareholders will continue to financially support the company during this uncertain period.

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. Income related to services

provided is recognised on the placement of candidates.

Tangible fixed assets

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

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable are charged to the profit

and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

55,045

DEPRECIATION

At 1 August 2014

52,096

Charge for year

763

At 31 July 2015

52,859

NET BOOK VALUE

At 31 July 2015

2,186

At 31 July 2014

2,949

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	RELATED PARTY DISCLOSURES

5.	ULTIMATE CONTROLLING PARTY