Oakwood Staff Solutions Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05221278 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Oakwood Staff Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K P Hooper

SECRETARY:

K P Hooper

REGISTERED OFFICE:

Charlton Fields Farm

Keynsham

BS31 2TW

REGISTERED NUMBER:

05221278 (England and Wales)

ACCOUNTANTS:

Coben Associates

2nd Floor

3 The Plain

Thornbury

Bristol

BS35 2AG

FIXED ASSETS

Tangible assets

2

2,973

2,456

CURRENT ASSETS

Stocks

6,857

12,500

Debtors

39,000

34,595

Cash at bank and in hand

15,080

28,932

60,937

76,027

CREDITORS

Amounts falling due within one year

55,466

62,080

NET CURRENT ASSETS

5,471

13,947

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,444

16,403

CREDITORS

Amounts falling due after more than one
year

-

6,600

NET ASSETS

8,444

9,803

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

8,442

9,801

SHAREHOLDERS' FUNDS

8,444

9,803

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 21 December 2016 and were signed by:

K P Hooper - 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.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

10,691

Additions

1,382

At 31 March 2016

12,073

DEPRECIATION

At 1 April 2015

8,235

Charge for year

865

At 31 March 2016

9,100

NET BOOK VALUE

At 31 March 2016

2,973

At 31 March 2015

2,456

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2

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

£

K P Hooper

Balance outstanding at start of year

5,000

-

Amounts advanced

-

5,000

Amounts repaid

(5,000

)

-

Balance outstanding at end of year

-

5,000