Oak Business Solutions Ltd - Period Ending 2016-01-31

31 January 2016

Ordinary of £1 each

OAK BUSINESS SOLUTIONS LIMITED - Company Information

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Registration number: 09381119

Oak Business Solutions Ltd

Unaudited Abbreviated Accounts

for the Period from 9 January 2015 to 31 January 2016

KRW Accountants Ltd
Chartered Accountants & Tax Advisers
The Mill
Pury Hill Bus. Park
Alderton Rd
Towcester
NN12 7LS

Oak Business Solutions Ltd
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

2 to 3

Oak Business Solutions Ltd
(Registration number: 09381119)
Abbreviated Balance Sheet at 31 January 2016

	Note	31 January 2016 £
Fixed assets
Tangible fixed assets		273
Current assets
Cash at bank and in hand		81,299
Creditors: Amounts falling due within one year		(29,148)
Net current assets		52,151
Net assets		52,424
Capital and reserves
Called up share capital	3	100
Profit and loss account		52,324
Shareholders' funds		52,424

For the year ending 31 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 director acknowledges his 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 director on 3 October 2016

.........................................
Mr Paul Nightingale
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Oak Business Solutions Ltd
Notes to the Abbreviated Accounts for the Period from 9 January 2015 to 31 January 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

	Tangible assets £	Total £
Cost
Additions	364	364
At 31 January 2016	364	364
Depreciation
Charge for the period	91	91
At 31 January 2016	91	91
Net book value
At 31 January 2016	273	273

Page 2

Oak Business Solutions Ltd
Notes to the Abbreviated Accounts for the Period from 9 January 2015 to 31 January 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

Page 3