Abbreviated Company Accounts - ONE99 DESIGN LIMITED

ONE99 DESIGN LIMITED - Company Information

07762645 ONE99 DESIGN LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 07762645 2014-11-01 2015-10-31 07762645 2015-10-31 07762645 2014-10-31 07762645 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 07762645 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 07762645

ONE99 DESIGN LIMITED

Abbreviated Accounts

31 October 2015

ONE99 DESIGN LIMITED Registered Number 07762645

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	800	850
Tangible assets	3	65	614
		865	1,464
Current assets
Debtors		1,300	2,988
Cash at bank and in hand		3,255	783
		4,555	3,771
Creditors: amounts falling due within one year		(4,252)	(5,024)
Net current assets (liabilities)		303	(1,253)
Total assets less current liabilities		1,168	211
Total net assets (liabilities)		1,168	211
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		1,167	210
Shareholders' funds		1,168	211

For the year ending 31 October 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 30 May 2016

And signed on their behalf by:
C Mclynn, Director

ONE99 DESIGN LIMITED Registered Number 07762645

Notes to the Abbreviated Accounts for the period ended 31 October 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 amounts receivable for goods and services net of trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment 33 1/3% Straight Line

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
At 1 November 2014	1,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	1,000
Amortisation
At 1 November 2014	150
Charge for the year	50
On disposals	-
At 31 October 2015	200
Net book values
At 31 October 2015	800
At 31 October 2014	850

3Tangible fixed assets

	£
Cost
At 1 November 2014	3,538
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	3,538
Depreciation
At 1 November 2014	2,924
Charge for the year	549
On disposals	-
At 31 October 2015	3,473
Net book values
At 31 October 2015	65
At 31 October 2014	614

4Called Up Share Capital
Allotted, called up and fully paid:

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