Overstand Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08263107 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2015

for

Overstand Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Long

REGISTERED OFFICE:

21 Salthrop Road

Bristol

BS7 9DP

REGISTERED NUMBER:

08263107 (England and Wales)

ACCOUNTANT:

Bryan Stone & Company

91-93 Alma Road

Clifton

Bristol

BS8 2DP

FIXED ASSETS

Tangible assets

2

1,303

759

CURRENT ASSETS

Debtors

17,972

24,530

Cash at bank

8,520

3,331

26,492

27,861

CREDITORS

Amounts falling due within one year

23,030

18,740

NET CURRENT ASSETS

3,462

9,121

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,765

9,880

PROVISIONS FOR LIABILITIES

261

152

NET ASSETS

4,504

9,728

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

4,404

9,628

SHAREHOLDERS' FUNDS

4,504

9,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 April 2016 and were signed by:

J Long - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

1,349

Additions

756

At 31 October 2015

2,105

DEPRECIATION

At 1 November 2014

590

Charge for year

212

At 31 October 2015

802

NET BOOK VALUE

At 31 October 2015

1,303

At 31 October 2014

759

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

100

Share capital 1

1

100