OPERATIONAL SOLUTIONS LIMITED - Abbreviated accounts

Registered number

07196015

OPERATIONAL SOLUTIONS LIMITED

Abbreviated Accounts

31 March 2016

OPERATIONAL SOLUTIONS LIMITED
Registered number:		07196015
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		964,520			958,529
Investments	3		701,851			711,851
			1,666,371			1,670,380

Current assets
Debtors		2,429,659			2,492,066
Cash at bank and in hand		317,358			240,378
		2,747,017			2,732,444

Creditors: amounts falling due within one year		(1,914,685)			(2,223,278)

Net current assets			832,332			509,166

Total assets less current liabilities			2,498,703			2,179,546

Creditors: amounts falling due after more than one year			(455,303)			(440,983)



Net assets			2,043,400			1,738,563

Capital and reserves
Called up share capital	4		100			100
Profit and loss account			2,043,300			1,738,463

Shareholders' funds			2,043,400			1,738,563

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M. R. Legh-Smith
Director
Approved by the board on 11 November 2016

OPERATIONAL SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Motor vehicles			25% reducing balance
	IT equipment			25% reducing balance
	Office Equipment			25% reducing balance


2	Tangible fixed assets					£

	Cost
	At 1 April 2015					986,038
	Additions					18,173
	At 31 March 2016					1,004,211

	Depreciation
	At 1 April 2015					27,509
	Charge for the year					12,182
	At 31 March 2016					39,691

	Net book value
	At 31 March 2016					964,520
	At 31 March 2015					958,529


3	Investments					£

	Cost
	At 1 April 2015					711,851
	Disposals					(10,000)

	At 31 March 2016					701,851

	The company holds 20% or more of the share capital of the following companies:

Capital and							Profit (loss)
	Company	Shares held				reserves	for the year
		Class		%	£		£
	RS Capp Ltd	Ordinary		100		214,075		206,696

4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100