Op Trading Limited - Abbreviated accounts 16.1
Op Trading Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE PERIOD 18 AUGUST 2014 TO 31 AUGUST 2015 |
FOR |
OP TRADING LIMITED |
OP TRADING LIMITED (REGISTERED NUMBER: 09180445) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE PERIOD 18 AUGUST 2014 TO 31 AUGUST 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
OP TRADING LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 18 AUGUST 2014 TO 31 AUGUST 2015 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
OP TRADING LIMITED (REGISTERED NUMBER: 09180445) |
ABBREVIATED BALANCE SHEET |
31 AUGUST 2015 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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 profit or loss 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 financial statements were approved by the Board of Directors on |
OP TRADING LIMITED (REGISTERED NUMBER: 09180445) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE PERIOD 18 AUGUST 2014 TO 31 AUGUST 2015 |
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 April 2008). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service |
contracts where turnover is recognised when the company obtains the right to consideration. |
Tangible fixed assets |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 31 August 2015 |
DEPRECIATION |
Charge for period |
At 31 August 2015 |
NET BOOK VALUE |
At 31 August 2015 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 100 |
OP TRADING LIMITED (REGISTERED NUMBER: 09180445) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE PERIOD 18 AUGUST 2014 TO 31 AUGUST 2015 |
4. | GOING CONCERN |
The financial statements show that at 31 August 2015 the company had a deficiency of net assets amounting to |
£60,679. The continuation of the company's activities is dependent on the continued support of its directors. The |
financial statements are therefore drawn up under the historical cost convention and on a going concern basis. |