OPDC Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 04174763 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2015 to 31 March 2016

for

OPDC Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D P Kearney

REGISTERED OFFICE:

York House

Coldharbour Business Park

Sherborne

Dorset

DT9 4JW

REGISTERED NUMBER:

04174763 (England and Wales)

ACCOUNTANTS:

Silbury Sherborne Limited

York House

Coldharbour Business Park

Sherborne

DT9 4JW

FIXED ASSETS

Property, plant and equipment

4

5,498

-

CURRENT ASSETS

Inventories

1,453

-

Debtors: amounts falling due within one year

5

122,440

1

Cash at bank and in hand

48,349

-

172,242

1

CREDITORS

Amounts falling due within one year

6

168,101

-

NET CURRENT ASSETS

4,141

1

TOTAL ASSETS LESS CURRENT LIABILITIES

9,639

1

PROVISIONS FOR LIABILITIES

89

-

NET ASSETS

9,550

1

CAPITAL AND RESERVES

Called up share capital

7

137

1

Capital redemption reserve

163

-

Retained earnings

9,250

-

SHAREHOLDERS' FUNDS

9,550

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 October 2016 and were signed by:

D P Kearney - Director

1.	STATUTORY INFORMATION

OPDC Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

The company has been dormant from incorporation until 30 April 2015. The company has extended

the accounting period to show a fifteen month period from 1 January 2015 to 31 March 2016. This is

to reflect the first twelve months of trading within these accounts. The comparative figures are not

entirely comparable as the company was dormant in that year.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

Additions

6,946

At 31 March 2016

6,946

DEPRECIATION

Charge for period

1,448

At 31 March 2016

1,448

NET BOOK VALUE

At 31 March 2016

5,498

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.12.14

£

£

Trade debtors

118,103

-

Other debtors

4,337

1

122,440

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.12.14

£

£

Trade creditors

16,337

-

Taxation and social security

29,965

-

Other creditors

121,799

-

168,101

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.12.14

value:

£

£

875

Ordinary A

10p

87

1

500

Non Cumulative Preference

10p

50

-

137

1

On 1 January 2015 the one £1 Ordinary share in issue was split into 10 x 10p Ordinary shares and

they were redesignated as A Ordinary 10p shares. A further 990 10p Ordinary A shares were issued

at Par. Additionally on 1 January 2015 1,000 B Ordinary 10p shares and 1,000 Non-cumulative

Preference 10p C shares were issued.

On 31 December 2015 125 A Ordinary 10p shares, 1,000 B Ordinary 10p shares and 500

Non-cumulative Preference 10p C Shares were redeemed at Par. An equivalent Capital Redemption

Reserve of £163 was created.

8.	RELATED PARTY DISCLOSURES

During the period, total dividends of £43,700 were paid to the directors .

9.	FIRST YEAR ADOPTION

FRS 102 1A has been adopted for the period from 1 January 2015. There have been no adjustments

as a consequence of the adoption of FRS 102 1A.