ANTHONY OLIVER ASSOCIATES LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 03982262 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

ANTHONY OLIVER ASSOCIATES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A J OLIVER

Mrs H OLIVER

SECRETARY:

Mrs H OLIVER

REGISTERED OFFICE:

The Factory

25 Cowper Street

London

EC2A 4AP

REGISTERED NUMBER:

03982262 (England and Wales)

ACCOUNTANTS:

Gynch Shaw Maurice & Co

Chartered Certified Accountants

Rear of No 2

SPM House

Glenthorne Road

Friern Barnet

London

N11 3HT

FIXED ASSETS

Tangible assets

2

5,627

7,502

CURRENT ASSETS

Stocks

102,648

76,192

Debtors

98,588

120,760

Prepayments and accrued income

10,080

8,676

Cash at bank

242,430

458,228

453,746

663,856

CREDITORS

Amounts falling due within one year

(150,701

)

(174,892

)

NET CURRENT ASSETS

303,045

488,964

TOTAL ASSETS LESS CURRENT
LIABILITIES

308,672

496,466

CAPITAL AND RESERVES

Called up share capital

3

50,000

Profit and loss account

258,672

446,466

SHAREHOLDERS' FUNDS

308,672

496,466

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 27 June 2016 and were signed on its behalf by:

A J OLIVER - 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 income received from designing and fitting of office interior net of 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.

Computer Equipment - 25% straight line method

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

46,315

DEPRECIATION

At 1 October 2014

38,813

Charge for year

1,875

At 30 September 2015

40,688

NET BOOK VALUE

At 30 September 2015

5,627

At 30 September 2014

7,502

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

50,000

Ordinary Share

1

50,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year ended 30 September 2015 the director owed £14,950 to the company.

Dividends of £98,750 were paid to each of the two directors in this financial year.