Overround Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09638705 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 15 June 2015 to 30 April 2016

for

Overround Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Cocozza

REGISTERED OFFICE:

58A Burma Road

London

N16 9BJ

REGISTERED NUMBER:

09638705 (England and Wales)

ACCOUNTANTS:

Eggleston Wiley LLP

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Tangible assets

2

777

Investments

3

5,000

5,777

CURRENT ASSETS

Debtors

2,881

Cash at bank

948

3,829

CREDITORS

Amounts falling due within one year

11,908

NET CURRENT LIABILITIES

(8,079

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,302

)

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

(2,303

)

SHAREHOLDERS' FUNDS

(2,302

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 12 January 2017 and were signed by:

J Cocozza - 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 amounts invoiced for consultancy services provided during the year, not including

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.

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

Additions

1,166

At 30 April 2016

1,166

DEPRECIATION

Charge for period

389

At 30 April 2016

389

NET BOOK VALUE

At 30 April 2016

777

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

5,000

At 30 April 2016

5,000

NET BOOK VALUE

At 30 April 2016

5,000

4.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

value:

£

100

Share capital 1

0.01

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the end of the year J Cocozza had a credit balance on his director loan account of £8,258. The

loan is interest free and repayable on demand.