Abbreviated Company Accounts - OAKWOOD TECHNOLOGY LIMITED

OAKWOOD TECHNOLOGY LIMITED - Company Information

Registered Number 02888937

OAKWOOD TECHNOLOGY LIMITED

Abbreviated Accounts

31 December 2015

OAKWOOD TECHNOLOGY LIMITED Registered Number 02888937

Abbreviated Balance Sheet as at 31 December 2015

	2015	2014
	£	£
Current assets
Debtors	8,294	8,294
	8,294	8,294
Net current assets (liabilities)	8,294	8,294
Total assets less current liabilities	8,294	8,294
Creditors: amounts falling due after more than one year	(5,466)	(5,466)
Total net assets (liabilities)	2,828	2,828
Capital and reserves
Called up share capital	1	1
Profit and loss account	2,827	2,827
Shareholders' funds	2,828	2,828

For the year ending 31 December 2015 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 2 September 2016

And signed on their behalf by:
Udai .R. Patel, Director

OAKWOOD TECHNOLOGY LIMITED Registered Number 02888937

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is recognized according to the date of the invoice.

Other accounting policies
Related Party Disclosure:-
At 31st December 2015 debtors and creditors included a net balance of £1,956 (2014: £1,956) owed to a company owned 90% by Mr. U.R. Patel.