Open Automation Consultants Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08090793 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MAY 2016

FOR

OPEN AUTOMATION CONSULTANTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K Toon

REGISTERED OFFICE:

76 Aldwick Road

Bognor Regis

West Sussex

PO21 2PE

REGISTERED NUMBER:

08090793 (England and Wales)

ACCOUNTANTS:

Bromley Clackett Limited

76 Aldwick Road

Bognor Regis

West Sussex

PO21 2PE

FIXED ASSETS

Tangible assets

2

818

1,044

CURRENT ASSETS

Debtors

5,305

2,114

Cash at bank

58,497

25,644

63,802

27,758

CREDITORS

Amounts falling due within one year

21,970

11,625

NET CURRENT ASSETS

41,832

16,133

TOTAL ASSETS LESS CURRENT
LIABILITIES

42,650

17,177

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

42,550

17,077

SHAREHOLDERS' FUNDS

42,650

17,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 29th July 2016 and were signed by:

K Toon - 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

Deferred tax

Deferred tax is recognised in respect of material timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

and 31st May 2016

2,069

DEPRECIATION

At 1st June 2015

1,025

Charge for year

226

At 31st May 2016

1,251

NET BOOK VALUE

At 31st May 2016

818

At 31st May 2015

1,044

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

100

Ordinary

£1

100