OFFICE_SERVICES_(NANTWICH - Accounts

OFFICE SERVICES (NANTWICH) LIMITED - Company Information

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Company Registration No. 0845279 (England and Wales)

OFFICE SERVICES (NANTWICH) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

OFFICE SERVICES (NANTWICH) LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

OFFICE SERVICES (NANTWICH) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

176,160

189,074

Current assets

Stocks

9,594

20,361

Debtors

24,633

8,374

34,227

28,735

Creditors: amounts falling due within one year

(118,984)

(125,295)

Net current liabilities

(84,757)

(96,560)

Total assets less current liabilities

91,403

92,514

Creditors: amounts falling due after more than one year

(204,980)

(205,858)

Provisions for liabilities

(17,982)

(19,302)

(131,559)

(132,646)

Capital and reserves

Called up share capital

2,100

Revaluation reserve

43,529

Profit and loss account

(177,188)

(178,275)

Shareholders' funds

(131,559)

(132,646)

OFFICE SERVICES (NANTWICH) LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2016

- 2 -

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 December 2016

M J Beresford

Director

Company Registration No. 0845279

OFFICE SERVICES (NANTWICH) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

At the Balance sheet date the company had net current liabilities. The company's chairman is firmly of the opinion that the company is a going concern based on the continued support of the company's bankers, chairman and major creditors. With trade having improved since the Balance sheet date, the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not therefore include any adjustments that would result if the company ceased trading.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

No depreciation

Land and buildings Leasehold

No depreciation

Fixtures, fittings & equipment

10% reducing balance

Motor vehicles

15% reducing balance

Fixed assets

Intangible assets

Tangible assets

Total

Cost or valuation

At 1 April 2015 & at 31 March 2016

17,250

568,905

586,155

Depreciation

At 1 April 2015

17,250

379,831

397,081

Charge for the year

12,914

At 31 March 2016

17,250

392,745

409,995

Net book value

At 31 March 2016

176,160

At 31 March 2015

189,074

OFFICE SERVICES (NANTWICH) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

2,000 Ordinary shares of £1 each

2,000

100 'A' Ordinary shares of £1 each

100

2,100