Abbreviated Company Accounts - OHPS & FM TRADING CO LTD

OHPS & FM TRADING CO LTD - Company Information

08563483 OHPS & FM TRADING CO LTD 2015-12-31 false 2015-01-01 2015-12-31 true 08563483 2015-01-01 2015-12-31 08563483 2015-12-31 08563483 2014-12-31 08563483 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 08563483 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 08563483

OHPS & FM TRADING CO LTD

Abbreviated Accounts

31 December 2015

OHPS & FM TRADING CO LTD Registered Number 08563483

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	166	195
		166	195
Current assets
Stocks		7,213	5,921
Debtors		423	-
Cash at bank and in hand		3,019	4,815
		10,655	10,736
Creditors: amounts falling due within one year		(6,714)	(1,992)
Net current assets (liabilities)		3,941	8,744
Total assets less current liabilities		4,107	8,939
Creditors: amounts falling due after more than one year		-	(4,800)
Total net assets (liabilities)		4,107	4,139
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		4,106	4,138
Shareholders' funds		4,107	4,139

For the year ending 31 December 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 5 May 2016

And signed on their behalf by:
Mrs A Scott MBE, Director

OHPS & FM TRADING CO LTD Registered Number 08563483

Notes to the Abbreviated Accounts for the period ended 31 December 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
15% reducing balance.

Other accounting policies
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 January 2015	230
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	230
Depreciation
At 1 January 2015	35
Charge for the year	29
On disposals	-
At 31 December 2015	64
Net book values
At 31 December 2015	166
At 31 December 2014	195

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

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