Opto Property Group Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08339650 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Opto Property Group Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J Solis

S M Worboys

REGISTERED OFFICE:

43 Palace Street

London

SW1E 5HL

REGISTERED NUMBER:

08339650 (England and Wales)

ACCOUNTANTS:

The Accounts Bureau Limited

Chartered Accountants

83 Victoria Street

London

SW1H 0HW

FIXED ASSETS

Tangible assets

2

153,257

-

CURRENT ASSETS

Debtors

338,975

100

Cash at bank

266,618

-

605,593

100

CREDITORS

Amounts falling due within one year

546,024

-

NET CURRENT ASSETS

59,569

100

TOTAL ASSETS LESS CURRENT
LIABILITIES

212,826

100

CREDITORS

Amounts falling due after more than one
year

118,681

-

NET ASSETS

94,145

100

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

94,045

-

SHAREHOLDERS' FUNDS

94,145

100

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 directors acknowledge their 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 Board of Directors on 30 September 2016 and were signed on its behalf
by:

J Solis - 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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Hire purchase and finance lease agreements

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at

their fair value. The capital element of the future payments is treated as a liability and the interest is

charged to the profit and loss account on a straight-line basis.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership

remain with the lessor are charged against profits on a straight-line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

156,297

At 31 December 2015

156,297

DEPRECIATION

Charge for year

3,040

At 31 December 2015

3,040

NET BOOK VALUE

At 31 December 2015

153,257

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Share capital 1

1

100