Abbreviated Company Accounts - OPEN WATER SWIMMING LIMITED

OPEN WATER SWIMMING LIMITED - Company Information

09350538 OPEN WATER SWIMMING LIMITED 2015-09-30 false 2014-12-11 2015-09-30 true 09350538 2014-12-11 2015-09-30 09350538 2015-09-30 09350538 uk-gaap-cd-bus:Director1 2014-12-11 2015-09-30 09350538 uk-gaap-cd-bus:Director2 2014-12-11 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-11 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 09350538

OPEN WATER SWIMMING LIMITED

Abbreviated Accounts

30 September 2015

OPEN WATER SWIMMING LIMITED Registered Number 09350538

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015
		£
Current assets
Debtors		26,308
Cash at bank and in hand		5,826
		32,134
Creditors: amounts falling due within one year		(47,563)
Net current assets (liabilities)		(15,429)
Total assets less current liabilities		(15,429)
Total net assets (liabilities)		(15,429)
Capital and reserves
Called up share capital	2	1,002
Share premium account		52,000
Profit and loss account		(68,431)
Shareholders' funds		(15,429)

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 30 June 2016

And signed on their behalf by:
Mr M J Edgington, Director

OPEN WATER SWIMMING LIMITED Registered Number 09350538

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 amounts receivable for goods and services net of VAT and trade discounts.

Other accounting policies
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
1,002 Ordinary shares of £1 each	1,002

During the period, 1,002 £1 ordinary shares were issued for an aggregate consideration of £53,002 resulting in a share premium of £52,000. On 18 January 2016, a further 50 £1 ordinary shares were issued for consideration of £7,500 resulting in an addition to the share premium account of £7,450.