Abbreviated Company Accounts - ORBITON INVESTMENTS LIMITED

ORBITON INVESTMENTS LIMITED - Company Information

Registered Number 01331769

ORBITON INVESTMENTS LIMITED

Abbreviated Accounts

7 January 2016

ORBITON INVESTMENTS LIMITED Registered Number 01331769

Abbreviated Balance Sheet as at 7 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	18,909	16,570
Investments	3	1,040	1,040
		19,949	17,610
Current assets
Debtors		648,085	577,146
Cash at bank and in hand		29,324	18,175
		677,409	595,321
Creditors: amounts falling due within one year		(247,377)	(191,115)
Net current assets (liabilities)		430,032	404,206
Total assets less current liabilities		449,981	421,816
Creditors: amounts falling due after more than one year		(232,053)	(210,796)
Provisions for liabilities		(180)	(180)
Total net assets (liabilities)		217,748	210,840
Capital and reserves
Called up share capital		50,000	50,000
Profit and loss account		167,748	160,840
Shareholders' funds		217,748	210,840

For the year ending 7 January 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 16 September 2016

And signed on their behalf by:
Mr O B Tamary, Director

ORBITON INVESTMENTS LIMITED Registered Number 01331769

Notes to the Abbreviated Accounts for the period ended 7 January 2016

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.

2Tangible fixed assets

	£
Cost
At 8 January 2015	25,756
Additions	7,033
Disposals	(6,155)
Revaluations	-
Transfers	-
At 7 January 2016	26,634
Depreciation
At 8 January 2015	9,186
Charge for the year	4,694
On disposals	(6,155)
At 7 January 2016	7,725
Net book values
At 7 January 2016	18,909
At 7 January 2015	16,570

3Fixed assets Investments
Investments held as fixed assets are stated at cost less provision for permanent diminution in value. Those held as current asset investments are stated at the lower of cost and net realisable value. Dividends are brought to account in the profit and loss account when received.