Onside Limited - Abbreviated accounts 16.3

Onside Limited - Abbreviated accounts 16.3


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REGISTERED NUMBER: 07596767 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Onside Limited

Onside Limited (Registered number: 07596767)

Contents of the Abbreviated Accounts
for the Year Ended 30 April 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Onside Limited

Company Information
for the Year Ended 30 April 2016







DIRECTORS: I Kimber
J Jeffs
Miss D Midson





REGISTERED OFFICE: Jubilee House
3 The Drive
Brentwood
Essex
CM13 3FR





REGISTERED NUMBER: 07596767 (England and Wales)





ACCOUNTANTS: Neville & Stocker
Jubilee House
3 The Drive
Great Warley
Brentwood
Essex
CM13 3FR

Onside Limited (Registered number: 07596767)

Abbreviated Balance Sheet
30 April 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 429 572

CURRENT ASSETS
Cash at bank 3,003 4,901

CREDITORS
Amounts falling due within one year 4,032 5,058
NET CURRENT LIABILITIES (1,029 ) (157 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(600

)

415

PROVISIONS FOR LIABILITIES 115 115
NET (LIABILITIES)/ASSETS (715 ) 300

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (815 ) 200
SHAREHOLDERS' FUNDS (715 ) 300

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

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





Miss D Midson - Director


Onside Limited (Registered number: 07596767)

Notes to the Abbreviated Accounts
for the Year Ended 30 April 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 net invoiced sales of services, 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.

Plant and machinery etc - 25% on reducing balance

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 May 2015
and 30 April 2016 1,460
DEPRECIATION
At 1 May 2015 888
Charge for year 143
At 30 April 2016 1,031
NET BOOK VALUE
At 30 April 2016 429
At 30 April 2015 572

3. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2016 2015
value: £    £   
100 Share capital 1 £1 100 100