OOMPH!_RECRUITMENT_SOLUTI - Accounts

OOMPH! RECRUITMENT SOLUTIONS LIMITED - Company Information

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Company Registration No. 06915794 (England and Wales)

OOMPH! RECRUITMENT SOLUTIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

OOMPH! RECRUITMENT SOLUTIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

OOMPH! RECRUITMENT SOLUTIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

441

462

Current assets

Debtors

29,640

18,548

Cash at bank and in hand

5,349

473

34,989

19,021

Creditors: amounts falling due within one year

(29,659)

(19,416)

Net current assets/(liabilities)

5,330

(395)

Total assets less current liabilities

5,771

Creditors: amounts falling due after more than one year

(5,691)

Capital and reserves

Called up share capital

Profit and loss account

Shareholder's funds

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.

Director's responsibilities:

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

The director acknowledges his 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 15 December 2016

Mr C Milbourne

Director

Company Registration No. 06915794

OOMPH! RECRUITMENT SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

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 are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% straight line basis

1.5

Foreign currency translation

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

Fixed assets

Tangible assets

Cost

At 1 April 2015

693

Additions

316

At 31 March 2016

1,009

Depreciation

At 1 April 2015

231

Charge for the year

337

At 31 March 2016

568

Net book value

At 31 March 2016

441

At 31 March 2015

462

OOMPH! RECRUITMENT SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

50 of £1 each

Related party relationships and transactions

Loan

Transactions in relation to loans with directors during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr C Milbourne -

4,474

643

3,831

4,474

643

3,831