Onezone Services Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05293399 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Onezone Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr L A Lewis

SECRETARY:

Ms S Nikolic

REGISTERED OFFICE:

10 Bradmore Park Road

London

London

W6 0DS

REGISTERED NUMBER:

05293399 (England and Wales)

ACCOUNTANTS:

Litchfields

5 Luke Street

London

EC2A 4PX

FIXED ASSETS

Tangible assets

2

719

1,528

CURRENT ASSETS

Debtors

2,179

48,615

Cash at bank

132,410

93,821

134,589

142,436

CREDITORS

Amounts falling due within one year

42,728

47,873

NET CURRENT ASSETS

91,861

94,563

TOTAL ASSETS LESS CURRENT LIABILITIES

92,580

96,091

PROVISIONS FOR LIABILITIES

144

305

NET ASSETS

92,436

95,786

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

92,435

95,785

SHAREHOLDERS' FUNDS

92,436

95,786

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

The members have not required the company to obtain an audit of its financial statements for the year 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 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 14 December 2016 and were signed by:

Mr L A Lewis - 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 services, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

5,393

DEPRECIATION

At 1 April 2015

3,865

Charge for year

809

At 31 March 2016

4,674

NET BOOK VALUE

At 31 March 2016

719

At 31 March 2015

1,528

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

£

Mr L A Lewis

Balance outstanding at start of year

5,752

15,127

Amounts repaid

(5,752

)

(15,127

)

Balance outstanding at end of year

2,179

5,752

5.	RELATED PARTY DISCLOSURES