Oasis Property Rentals Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04578782 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

OASIS PROPERTY RENTALS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss R C Doyle

REGISTERED OFFICE:

11 Providence Street

Earlsdon

Coventry

CV5 6ED

REGISTERED NUMBER:

04578782 (England and Wales)

ACCOUNTANTS:

Pentlands Accountants & Business Advisors

Chartered Certified Accountants

and Registered Auditors

3 Pegasus House

Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

FIXED ASSETS

Tangible assets

2

559,119

559,380

CURRENT ASSETS

Cash at bank

1,671

9,893

CREDITORS

Amounts falling due within one
year

522,927

533,552

NET CURRENT LIABILITIES

(521,256

)

(523,659

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

37,863

35,721

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

37,862

35,720

SHAREHOLDERS' FUNDS

37,863

35,721

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 her 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 28 June 2016 and were signed by:

Miss R C Doyle - 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 services, excluding value added tax, except in

respect of service contracts where turnover is recognised when the company obtains the

right to consideration.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

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 November 2014

and 31 October 2015

562,947

DEPRECIATION

At 1 November 2014

3,567

Charge for year

261

At 31 October 2015

3,828

NET BOOK VALUE

At 31 October 2015

559,119

At 31 October 2014

559,380

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

1