Oakleaf Communications Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06130836 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 28 February 2014

for

OAKLEAF COMMUNICATIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss S A Hems

SECRETARY:

Miss S C Mutton

REGISTERED OFFICE:

Unit 11

Hove Business Centre

Fonthill Road

Hove

East Sussex

BN3 6HA

REGISTERED NUMBER:

06130836 (England and Wales)

ACCOUNTANTS:

Haines Watts

Chartered Accountants

Stanley House

33-35 West Hill

Portishead

Bristol

BS20 6LG

FIXED ASSETS

Tangible assets

2

876

876

CURRENT ASSETS

Debtors

3,279

731

Cash at bank

197

441

3,476

1,172

CREDITORS

Amounts falling due within one year

4,010

2,667

NET CURRENT LIABILITIES

(534

)

(1,495

)

TOTAL ASSETS LESS CURRENT LIABILITIES

342

(619

)

PROVISIONS FOR LIABILITIES

161

158

NET ASSETS/(LIABILITIES)

181

(777

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

81

(877

)

SHAREHOLDERS' FUNDS

181

(777

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 and authorised for issue by the director on 17 October 2014 and were signed by:

Miss S A Hems - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

balance sheet date where transactions or events have occurred at that date that will result in an obligation to

pay more, or a right to pay less or to receive more tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not

that there will be suitable taxable profits from which the future reversal of the underlying timing differences

can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

3,158

Additions

292

At 28 February 2014

3,450

DEPRECIATION

At 1 March 2013

2,282

Charge for year

292

At 28 February 2014

2,574

NET BOOK VALUE

At 28 February 2014

876

At 28 February 2013

876

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100

4.	RELATED PARTY DISCLOSURES