Ongar Bridge Holdings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04573798 (England and Wales)

Abbreviated Accounts

for the Year Ended

30 September 2015

for

Ongar Bridge Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs B V Evans

A P Evans

SECRETARY:

Mrs B V Evans

REGISTERED OFFICE:

Summit House

13 High Street

Wanstead

London

E11 2AA

REGISTERED NUMBER:

04573798 (England and Wales)

ACCOUNTANTS:

Friedmans

Summit House

13 High Street

Wanstead

London

E11 2AA

FIXED ASSETS

Tangible assets

2

553,291

553,354

Investments

3

2

553,293

553,356

CURRENT ASSETS

Debtors

4

1,494,714

1,310,704

Cash at bank

21,198

1,515,912

1,331,902

CREDITORS

Amounts falling due within one year

25,905

25,805

NET CURRENT ASSETS

1,490,007

1,306,097

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,043,300

1,859,453

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

2,043,200

1,859,353

SHAREHOLDERS' FUNDS

2,043,300

1,859,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20 June 2016 and were signed on its
behalf by:

A P Evans - Director

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 January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Plant and machinery

-

15% on reducing balance

Freehold property is considered for impairment annually.

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

At 1 October 2014

and 30 September 2015

556,969

DEPRECIATION

At 1 October 2014

3,615

Charge for year

63

At 30 September 2015

3,678

NET BOOK VALUE

At 30 September 2015

553,291

At 30 September 2014

553,354

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 October 2014

and 30 September 2015

2

NET BOOK VALUE

At 30 September 2015

2

At 30 September 2014

2

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Ongar Bridge Motor Company Limited

Nature of business: New and used vehicle retail

%

Class of shares:

holding

Ordinary

100.00

2015

2014

£

Aggregate capital and reserves

46,355

45,985

Profit for the year

95,370

142,266

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 250,000 (2014 - £ 250,000 )

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100