Abbreviated Company Accounts - OAKPRICE LIMITED

Abbreviated Company Accounts - OAKPRICE LIMITED

OAKPRICE LIMITED - Company Information

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Registered Number 03849339

OAKPRICE LIMITED

Abbreviated Accounts

30 September 2015

OAKPRICE LIMITED Registered Number 03849339

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 133,185 149,517
133,185 149,517
Current assets
Stocks 1,500 1,500
Debtors 23,505 24,098
Cash at bank and in hand 43,653 18,092
68,658 43,690
Creditors: amounts falling due within one year (45,874) (101,881)
Net current assets (liabilities) 22,784 (58,191)
Total assets less current liabilities 155,969 91,326
Creditors: amounts falling due after more than one year (33,364) (25,151)
Total net assets (liabilities) 122,605 66,175
Capital and reserves
Called up share capital 100 100
Profit and loss account 122,505 66,075
Shareholders' funds 122,605 66,175
  • For the year ending 30 September 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 12 May 2016

And signed on their behalf by:
ROBIN FARRINGTON, Director
LESLEY FARRINGTON, Director

OAKPRICE LIMITED Registered Number 03849339

Notes to the Abbreviated Accounts for the period ended 30 September 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 the total invoice value, excluding value added tax, of sales made during the year.

2Tangible fixed assets
£
Cost
At 1 October 2014 284,986
Additions 43,006
Disposals (35,419)
Revaluations -
Transfers -
At 30 September 2015 292,573
Depreciation
At 1 October 2014 135,469
Charge for the year 44,395
On disposals (20,476)
At 30 September 2015 159,388
Net book values
At 30 September 2015 133,185
At 30 September 2014 149,517