OH Management Ltd - Period Ending 2015-06-30

Registration number: 05486313

OH Management Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015
 

Malcolm Neal ACMA - AIMS Accountants for Business
Chartered Management Accountant
Chapel House
Chittlehamholt
Umberleigh
Devon
EX37 9NS

OH Management Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

  Chartered Management Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
  OH Management Ltd
  for the Year Ended 30 June 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the unaudited accounts of OH Management Ltd for the year ended 30 June 2015 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a Member in Practice of the Chartered Institute of Management Accountants(CIMA), we are subject to its ethical and other professional requirements which are detailed at cimaglobal.com/Members/Members-handbook.

This report is made solely to the Board of Directors of OH Management Ltd, as a body, in accordance with the terms of our engagement letter dated 27 February 2009. Our work has been undertaken solely to prepare for your approval the accounts of OH Management Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OH Management Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that OH Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of OH Management Ltd. You consider that OH Management Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of OH Management Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Malcolm Neal ACMA - AIMS Accountants for Business
Chartered Management Accountant
Chapel House
Chittlehamholt
Umberleigh
Devon
EX37 9NS

24 March 2016

Page 1

Registration number: 05486313

OH Management Ltd
at 30 June 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					2,775			3,264
Current assets
Debtors					9,325			8,793
Cash at bank and in hand					11,640			9,780
					20,965			18,573
Creditors: Amounts falling due within one year					(23,509)			(7,806)
Net current (liabilities)/assets					(2,544)			10,767
Net assets					231			14,031
Capital and reserves
Called up share capital		3			101			101
Profit and loss account					130			13,930
Shareholders' funds					231			14,031

For the year ending 30 June 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 her 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 24 March 2016

.........................................
Miss Caroline Dowey
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

OH Management Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

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 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
Fixtures and fittings	15% reducing balance basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2014		6,401			6,401
At 30 June 2015		6,401			6,401
Depreciation
At 1 July 2014		3,137			3,137
Charge for the year		489			489
At 30 June 2015		3,626			3,626
Net book value
At 30 June 2015		2,775			2,775
At 30 June 2014		3,264			3,264

Page 3

OH Management Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		101			101			101			101

Page 4