Abbreviated Company Accounts - OODA LIMITED

Registered Number 08898669

OODA LIMITED

Abbreviated Accounts

31 March 2016

OODA LIMITED Registered Number 08898669

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	131	261
Investments	3	55	55
		186	316
Current assets
Debtors		-	37,647
Cash at bank and in hand		36,074	41,912
		36,074	79,559
Creditors: amounts falling due within one year		(32,301)	(76,759)
Net current assets (liabilities)		3,773	2,800
Total assets less current liabilities		3,959	3,116
Total net assets (liabilities)		3,959	3,116
Capital and reserves
Called up share capital		2	2
Profit and loss account		3,957	3,114
Shareholders' funds		3,959	3,116

For the year ending 31 March 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 12 December 2016

And signed on their behalf by:
Annadore Barnes, Director

OODA LIMITED Registered Number 08898669

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

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

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

Office Equipment 33% straight line

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2015	391
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	391
Depreciation
At 1 April 2015	130
Charge for the year	130
On disposals	-
At 31 March 2016	260
Net book values
At 31 March 2016	131
At 31 March 2015	261

3Fixed assets Investments
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 % Aus $ £
Miller Hare Australia Pty Ltd Ordinary 100 102 -

Other investments 2016 2015
£ £

Unlisted investments 55 55