On-Site Connect Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06214244 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

On-Site Connect Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D D Burnett

F T Dunaway

SECRETARY:

F T Dunaway

REGISTERED OFFICE:

Delme 2

Delme Place

Cams Hall Estate

Fareham

Hampshire

PO16 8UX

REGISTERED NUMBER:

06214244 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Tangible assets

2

737

1,290

CURRENT ASSETS

Stocks

7,333

4,223

Debtors

269,527

177,539

Cash at bank

17,228

42,797

294,088

224,559

CREDITORS

Amounts falling due within one year

198,480

139,260

NET CURRENT ASSETS

95,608

85,299

TOTAL ASSETS LESS CURRENT LIABILITIES

96,345

86,589

PROVISIONS FOR LIABILITIES

3,272

14,388

NET ASSETS

93,073

72,201

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

92,973

72,101

SHAREHOLDERS' FUNDS

93,073

72,201

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 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 21 March 2016 and were signed on its behalf by:

D D Burnett - Director

F T Dunaway - 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).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8

Related Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries

within the group.

The company was a member of The On-Site Group Ltd until 27 November 2014. Transactions with

companies within this group up to and including this date are, therefore, not disclosed.

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.

Fixtures & fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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

7,342

DEPRECIATION

At 1 April 2014

6,052

Charge for year

553

At 31 March 2015

6,605

NET BOOK VALUE

At 31 March 2015

737

At 31 March 2014

1,290

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100