Abbreviated Company Accounts - OPENRABBIT LIMITED

OPENRABBIT LIMITED - Company Information

08165920 OPENRABBIT LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 08165920 2014-09-01 2015-08-31 08165920 2015-08-31 08165920 2014-08-31 08165920 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 08165920 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 08165920

OPENRABBIT LIMITED

Abbreviated Accounts

31 August 2015

OPENRABBIT LIMITED Registered Number 08165920

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	275	412
		275	412
Current assets
Debtors		-	170
Cash at bank and in hand		19,953	1,844
		19,953	2,014
Creditors: amounts falling due within one year		(19,838)	(2,303)
Net current assets (liabilities)		115	(289)
Total assets less current liabilities		390	123
Total net assets (liabilities)		390	123
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		389	122
Shareholders' funds		390	123

For the year ending 31 August 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 directors acknowledge their 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 Board on 1 December 2015

And signed on their behalf by:
Wendela Melanie Elsen, Director

OPENRABBIT LIMITED Registered Number 08165920

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
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
Office equipment 25% straight line basis

2Tangible fixed assets

	£
Cost
At 1 September 2014	549
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	549
Depreciation
At 1 September 2014	137
Charge for the year	137
On disposals	-
At 31 August 2015	274
Net book values
At 31 August 2015	275
At 31 August 2014	412

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1