Shipping Oriental Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05390137 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 December 2015

for

Shipping Oriental Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Quelle Pena

SECRETARY:

F J Quelle Amil

REGISTERED OFFICE:

Peche House

St Annes Road

MILFORD HAVEN

Pembrokeshire

SA73 3LG

REGISTERED NUMBER:

05390137 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,542

2,057

CURRENT ASSETS

Cash at bank

200,092

167,530

CREDITORS

Amounts falling due within one year

178,787

143,643

NET CURRENT ASSETS

21,305

23,887

TOTAL ASSETS LESS CURRENT
LIABILITIES

22,847

25,944

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

21,847

24,944

SHAREHOLDERS' FUNDS

22,847

25,944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 14 September 2016 and were signed by:

J Quelle Pena - 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.

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

19,362

DEPRECIATION

At 1 January 2015

17,305

Charge for year

515

At 31 December 2015

17,820

NET BOOK VALUE

At 31 December 2015

1,542

At 31 December 2014

2,057

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

1,000

Ordinary

£1

1,000