OTTO TRANSPORT LIMITED - Abbreviated accounts

OTTO TRANSPORT LIMITED

Abbreviated Accounts

30 November 2015

Registered number

09328220

OTTO TRANSPORT LIMITED
Registered number:		09328220
Abbreviated Balance Sheet
as at 30 November 2015

Notes			2015
£
Fixed assets
Tangible assets	2		301

Current assets
Debtors		1,013
Cash at bank and in hand		4,347
		5,360

Creditors: amounts falling due within one year		(4,685)

Net current assets			675

Net assets			976

Capital and reserves
Called up share capital	3		100
Profit and loss account			876

Shareholders' funds			976

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



J Kuc
Director
Approved by the board on 19 April 2016

OTTO TRANSPORT LIMITED
Notes to the Abbreviated Accounts
for the year ended 30 November 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Equipment			25% straight line


	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	Additions					450
	At 30 November 2015					450

	Depreciation
	Charge for the year					149
	At 30 November 2015					149

	Net book value
	At 30 November 2015					301


3	Share capital	Nominal		2015		2015
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		100		100