Black Sheep Telecommunications Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05861362 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 31 August 2013 to 31 December 2013

for

Black Sheep Telecommunications Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A M Brown

D Ridge

SECRETARY:

REGISTERED OFFICE:

Gleneagles House

4400 Parkway

Solent Business Park

Whiteley

Hampshire

PO15 7FJ

REGISTERED NUMBER:

05861362 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Tangible assets

2

25,244

28,509

CURRENT ASSETS

Debtors

242,962

105,115

Cash at bank

6,649

187,468

249,611

292,583

CREDITORS

Amounts falling due within one year

65,243

110,870

NET CURRENT ASSETS

184,368

181,713

TOTAL ASSETS LESS CURRENT LIABILITIES

209,612

210,222

PROVISIONS FOR LIABILITIES

5,807

6,557

NET ASSETS

203,805

203,665

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

202,805

202,665

SHAREHOLDERS' FUNDS

203,805

203,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 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 29 September 2014 and were signed on its behalf by:

A M Brown - Director

D Ridge - 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 April 2008).

Turnover

Turnover represents net invoiced sale 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.

Short leasehold

-

Depreciated over the period of the lease

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 31 August 2013

65,745

Additions

847

At 31 December 2013

66,592

DEPRECIATION

At 31 August 2013

37,236

Charge for period

4,112

At 31 December 2013

41,348

NET BOOK VALUE

At 31 December 2013

25,244

At 30 August 2013

28,509

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

30.8.13

value:

£

£

999

Ordinary 'A'

£1

999

999

1

Ordinary 'B'

£1

1

1

1,000

1,000

4.	ULTIMATE PARENT COMPANY

Onecom Group Limited is regarded by the directors as being the company's ultimate parent company.