Osprey Technical Solutions Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06873695 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Osprey Technical Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Blackett

SECRETARY:

REGISTERED OFFICE:

C/O SJD Accountancy

Floor B, Milburn House

Dean Street

Newcastle upon Tyne

Tyne and Wear

NE1 1LE

REGISTERED NUMBER:

06873695 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

Milburn House

Dean Street

Newcastle Upon Tyne

NE1 1LE

BANKERS:

Lloyds TSB

Skinnergate Branch

PO Box 1000

Darlington

BX1 1LT

FIXED ASSETS

Tangible assets

2

685

913

CURRENT ASSETS

Debtors

10,127

12,346

Cash at bank

37,300

51,464

47,427

63,810

CREDITORS

Amounts falling due within one year

23,769

30,670

NET CURRENT ASSETS

23,658

33,140

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,343

34,053

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

24,243

33,953

SHAREHOLDERS' FUNDS

24,343

34,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 27 July 2016 and were signed by:

M Blackett - 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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 May 2015

and 30 April 2016

3,098

DEPRECIATION

At 1 May 2015

2,185

Charge for year

228

At 30 April 2016

2,413

NET BOOK VALUE

At 30 April 2016

685

At 30 April 2015

913

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

100

Ordinary

£1

100