Oakhill Systems Limited - Abbreviated accounts

Registered number

01506696

Oakhill Systems Limited

Abbreviated Accounts

31 July 2015

Oakhill Systems Limited
Registered number:		01506696
Abbreviated Balance Sheet
as at 31 July 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		530,443			530,443

Current assets
Cash at bank and in hand		1,632			(5,714)

Creditors: amounts falling due within one year		(37,861)			(29,606)

Net current liabilities			(36,229)			(35,320)

Total assets less current liabilities			494,214			495,123

Creditors: amounts falling due after more than one year			(216,606)			(217,526)



Net assets			277,608			277,597

Capital and reserves
Called up share capital	3		100			100
Revaluation reserve			48,969			48,969
Profit and loss account			228,539			228,528

Shareholders' funds			277,608			277,597

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.
The 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.



Paul Causon
Director
Approved by the board on 29 April 2016

Oakhill Systems Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 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 ).


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

	Plant and machinery			25% straight line
	Motor vehicles			25% straight line


2	Tangible fixed assets					£

	Cost
	At 1 August 2014					556,038
	At 31 July 2015					556,038

	Depreciation
	At 1 August 2014					25,595
	At 31 July 2015					25,595

	Net book value
	At 31 July 2015					530,443
	At 31 July 2014					530,443


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		100		100