Abbreviated Company Accounts - OPENHOUSE ENTERPRISES LIMITED

OPENHOUSE ENTERPRISES LIMITED - Company Information

NI066136 OPENHOUSE ENTERPRISES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true NI066136 2013-04-01 2014-03-31 NI066136 2014-03-31 NI066136 2013-03-31 NI066136 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 NI066136 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number NI066136

OPENHOUSE ENTERPRISES LIMITED

Abbreviated Accounts

31 March 2014

OPENHOUSE ENTERPRISES LIMITED Registered Number NI066136

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	5,038	4,773
		5,038	4,773
Current assets
Stocks		1,280	1,010
Debtors	3	1,888	2,521
Cash at bank and in hand		12,693	14,100
		15,861	17,631
Creditors: amounts falling due within one year		(21,356)	(21,706)
Net current assets (liabilities)		(5,495)	(4,075)
Total assets less current liabilities		(457)	698
Provisions for liabilities		(464)	(1,849)
Total net assets (liabilities)		(921)	(1,151)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(922)	(1,152)
Shareholders' funds		(921)	(1,151)

For the year ending 31 March 2014 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 18 August 2014

And signed on their behalf by:
R McGowan-Smyth, Director

OPENHOUSE ENTERPRISES LIMITED Registered Number NI066136

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Plant & machinery: 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	33,638
Additions	2,977
Disposals	(1,600)
Revaluations	-
Transfers	-
At 31 March 2014	35,015
Depreciation
At 1 April 2013	28,865
Charge for the year	2,712
On disposals	(1,600)
At 31 March 2014	29,977
Net book values
At 31 March 2014	5,038
At 31 March 2013	4,773

3Debtors

All amounts due within one year

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1