Oakapple Home (Petworth) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09484455 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD

11 MARCH 2015 TO 31 MARCH 2016

FOR

OAKAPPLE HOME (PETWORTH) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs T M Simpson

REGISTERED OFFICE:

Golden Square

Petworth

West Sussex

GU28 0AP

REGISTERED NUMBER:

09484455 (England and Wales)

ACCOUNTANTS:

PCB Financial Ltd

35 Jackson Court

Rose Avenue

Hazlemere

High Wycombe

Buckinghamshire

HP15 7TZ

FIXED ASSETS

Intangible assets

2

44,100

Tangible assets

3

808

44,908

CURRENT ASSETS

Stocks

100,000

Cash at bank and in hand

41,571

141,571

CREDITORS

Amounts falling due within one year

173,375

NET CURRENT LIABILITIES

(31,804

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,104

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

13,004

SHAREHOLDERS' FUNDS

13,104

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 her 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 director on 6 December 2016 and were signed by:

Mrs T M Simpson - 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 January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Stocks

Stocks 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 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

49,000

At 31 March 2016

49,000

AMORTISATION

Amortisation for period

4,900

At 31 March 2016

4,900

NET BOOK VALUE

At 31 March 2016

44,100

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,212

At 31 March 2016

1,212

DEPRECIATION

Charge for period

404

At 31 March 2016

404

NET BOOK VALUE

At 31 March 2016

808

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary Shares

1

100