Abbreviated Company Accounts - ORIGIN LIMITED

Registered Number 02211999

ORIGIN LIMITED

Abbreviated Accounts

31 March 2016

ORIGIN LIMITED Registered Number 02211999

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	25,155	31,517
		25,155	31,517
Current assets
Debtors		896,514	723,242
Cash at bank and in hand		1,231,974	2,089,825
		2,128,488	2,813,067
Creditors: amounts falling due within one year		(864,387)	(1,024,597)
Net current assets (liabilities)		1,264,101	1,788,470
Total assets less current liabilities		1,289,256	1,819,987
Provisions for liabilities		(2,932)	(3,898)
Total net assets (liabilities)		1,286,324	1,816,089
Capital and reserves
Called up share capital		100	100
Profit and loss account		1,286,224	1,815,989
Shareholders' funds		1,286,324	1,816,089

For the year ending 31 March 2016 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 14 June 2016

And signed on their behalf by:
Mr Peter Langley, Director

ORIGIN LIMITED Registered Number 02211999

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts chargeable net of value added tax in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation less estimated residual value over their expected useful economic life as follows:
Fixtures & fittings 25% on reducing balance basis
Computer equipment 25% on reducing balance basis
Motor vehicles 25% on reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 April 2015	263,929
Additions	2,023
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	265,952
Depreciation
At 1 April 2015	232,412
Charge for the year	8,385
On disposals	-
At 31 March 2016	240,797
Net book values
At 31 March 2016	25,155
At 31 March 2015	31,517