Online365 Limited - Limited company - abbreviated

REGISTERED NUMBER: 09221622 (England and Wales)

Abbreviated Accounts

for the Period 17 September 2014 to 31 May 2015

for

Online365 Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R C Tanner

M H Farrar

REGISTERED OFFICE:

26 Cassiobury Park Avenue

Watford

Hertfordshire

WD18 7LB

REGISTERED NUMBER:

09221622 (England and Wales)

ACCOUNTANTS:

Martin & Co Accountants Ltd

63 Osborne Road

Farnborough

Hampshire

GU14 6AP

CURRENT ASSETS

Debtors

1,500

Investments

457,028

Cash at bank

2,339

460,867

CREDITORS

Amounts falling due within one year

28,592

NET CURRENT ASSETS

432,275

TOTAL ASSETS LESS CURRENT

LIABILITIES

432,275

CREDITORS

Amounts falling due after more than one

year

416,895

NET ASSETS

15,380

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

14,380

SHAREHOLDERS' FUNDS

15,380

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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 26 August 2015 and were signed on its behalf by:

R C Tanner - 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).

Deferred tax

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

sheet date.

2.	FIXED ASSET INVESTMENTS

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Outdoor365 Ltd

Nature of business: Online retail

%

Class of shares:

holding

Ordinary

100.00

31.5.15

31.5.14

£

Aggregate capital and reserves

66,059

57,529

Profit for the year

69,761

126,952

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,000

Ordinary

£1

1,000

1,000 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following credits to directors subsisted during the period ended 31 May 2015:

£

R C Tanner

Balance outstanding at start of period

-

Amounts repaid

(166,500

)

Balance outstanding at end of period

(166,500

)

M H Farrar

Balance outstanding at start of period

-

Amounts repaid

(58,500

)

Balance outstanding at end of period

(58,500

)

Online365 Limited - Limited company - abbreviated - 11.9

Online365 Limited - Limited company - abbreviated - 11.9