Oso (Buckingham) Limited - Abbreviated accounts 16.3

Oso (Buckingham) Limited - Abbreviated accounts 16.3

OSO (BUCKINGHAM) LIMITED - Company Information

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REGISTERED NUMBER: 02611233 (England and Wales)















OSO (BUCKINGHAM) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2016





Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP








OSO (BUCKINGHAM) LIMITED (REGISTERED NUMBER: 02611233)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2016










Page

Company Information 1

Accountants' Report 2

Abbreviated Balance Sheet 3 to 4

Notes to the Abbreviated Accounts 5

OSO (BUCKINGHAM) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2016







DIRECTORS: N W Miles
N I Rice





REGISTERED OFFICE: Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP





REGISTERED NUMBER: 02611233 (England and Wales)





ACCOUNTANTS: Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP
Page 1
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
OSO (BUCKINGHAM) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages
three to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Oso (Buckingham) Limited for the year ended 31st March 2016 which
comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Oso (Buckingham) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Oso (Buckingham) Limited and state those matters that we have agreed to state to the Board of Directors of Oso (Buckingham) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oso (Buckingham) Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Oso (Buckingham) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Oso (Buckingham) Limited. You consider that Oso (Buckingham) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Oso (Buckingham) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wags LLP t/a Wagstaffs
Richmond House
Walkern Road
Stevenage
Hertfordshire
SG1 3QP


20th December 2016

This page does not form part of the abbreviated accounts

Page 2
OSO (BUCKINGHAM) LIMITED (REGISTERED NUMBER: 02611233)

ABBREVIATED BALANCE SHEET
31ST MARCH 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Stocks - 1,616
Debtors 56,200 141,880
Cash at bank and in hand - 28,735
56,200 172,231
CREDITORS
Amounts falling due within one year (54,150 ) (140,679 )
NET CURRENT ASSETS 2,050 31,552
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,050
31,552

CAPITAL AND RESERVES
Called up share capital 2 600 600
Profit and loss account 1,450 30,952
SHAREHOLDERS' FUNDS 2,050 31,552

The notes form part of these abbreviated accounts

Page 3
OSO (BUCKINGHAM) LIMITED (REGISTERED NUMBER: 02611233)

ABBREVIATED BALANCE SHEET - continued
31ST MARCH 2016


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20th December 2016 and were
signed on its behalf by:





N W Miles - Director


The notes form part of these abbreviated accounts

Page 4
OSO (BUCKINGHAM) LIMITED (REGISTERED NUMBER: 02611233)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2016


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 the total invoice value, excluding value added tax, trade discounts and all other
taxes of sales made during the year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

2. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
570 Ordinary A £1 570 570
30 Ordinary B £1 30 30
600 600

3. ULTIMATE PARENT COMPANY

The company is a subsidiary of JKL Business Holdings Limited which is the ultimate parent company
incorporated in England and Wales.

Page 5