Accounts filed on 31-01-2016

Accounts filed on 31-01-2016

OSSIA MANAGEMENT LTD - Company Information

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088654662015-02-012016-01-31falsetruehttp://www.companieshouse.gov.uk/2015-01-31http://www.companieshouse.gov.uk/cd:Director12015-02-012016-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-02-012016-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-01-31http://www.companieshouse.gov.uk/2014-02-012015-01-31http://www.companieshouse.gov.uk/2015-02-012016-01-31http://www.companieshouse.gov.uk/2015-01-31http://www.companieshouse.gov.uk/2016-01-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-02-012016-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08865466
Ossia Management Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/01/2016
Prepared By:
David Reed Associates Ltd
54D Frome Road
Bradford on Avon
Wiltshire
BA15 1LA
Ossia Management Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/01/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 08865466
Ossia Management Limited
Registered Number: 08865466
BALANCE SHEET AT 31/01/2016
20162015
Notes££
CURRENT ASSETS
Cash at bank and in hand787,063676,792
787,063676,792
CREDITORS: Amounts falling due within one year772,818676,766
NET CURRENT ASSETS14,24526
TOTAL ASSETS LESS CURRENT LIABILITIES14,24526
CAPITAL AND RESERVES
Called up share capital2100100
Profit and loss account14,145(74)
SHAREHOLDERS' FUNDS14,24526
For the year ending 31/01/2016 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 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 31/10/2016 and signed on their behalf by
Mrs I Naylor Ashurst
Director
Ossia Management Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
1c. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
3. RELATED PARTY TRANSACTIONS
At the balance sheet date the company owed £768,169 (£675,892) to Ossia Investments Ltd.
Management charges of £15,000 were accrued from Ossia Investments Ltd to Ossia Management Ltd during the accounting period.
Ossia Investments Ltd is registered in the Bahamas and is a company under common control.
4. TRANSACTIONS WITH DIRECTORS
At the balance sheet date the company owed the director £225 (2015: £225).