Oracle Services (Bridgend) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08156803 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 30 JULY 2014 TO 30 JULY 2015

FOR

ORACLE SERVICES (BRIDGEND) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Ms L Dobson

Mrs G Owens

D Richards

Mrs Rhiannon Barnes

Mrs S V Rouse

N Ellis

SECRETARY:

Mrs G A Owens

REGISTERED OFFICE:

The Oracle

18 Adare Street

Bridgend

CF31 1EJ

REGISTERED NUMBER:

08156803 (England and Wales)

ACCOUNTANTS:

DAVID WRIGHT ACCOUNTANTS LIMITED

1st Floor

Nathaniel House

David Street

Bridgend

South Wales

CF31 3SA

FIXED ASSETS

Tangible assets

2

2,528

1,519

CURRENT ASSETS

Debtors

3

12,693

3,965

Cash at bank and in hand

7,976

1,333

20,669

5,298

CREDITORS

Amounts falling due within one year

9,418

5,474

NET CURRENT ASSETS/(LIABILITIES)

11,251

(176

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,779

1,343

PROVISIONS FOR LIABILITIES

506

304

NET ASSETS

13,273

1,039

RESERVES

Income and expenditure account

13,273

1,039

13,273

1,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 July 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 July 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 surplus or deficit 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 2 September 2015 and were signed on its behalf by:

N Ellis - 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 January 2015).

Turnover

Turnover represents the total income received by company including grants.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the income and expenditure account on a straight

line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 30 July 2014

1,918

Additions

2,114

At 30 July 2015

4,032

DEPRECIATION

At 30 July 2014

399

Charge for period

1,105

At 30 July 2015

1,504

NET BOOK VALUE

At 30 July 2015

2,528

At 29 July 2014

1,519

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

4.	LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital.