OCTOPUS_ROCK_LIMITED - Accounts

OCTOPUS ROCK LIMITED - Company Information

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Company Registration No. 06561347 (England and Wales)

OCTOPUS ROCK LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

OCTOPUS ROCK LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

OCTOPUS ROCK LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

Current assets

Stocks

26,674

24,810

Debtors

1,164

1,694

Cash at bank and in hand

587

209

28,425

26,713

Creditors: amounts falling due within one year

(38,682)

(38,647)

Total assets less current liabilities

(10,257)

(11,934)

Capital and reserves

Called up share capital

300

Profit and loss account

(10,557)

(12,234)

Shareholders' funds

(10,257)

(11,934)

For the financial year ended 30 April 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 6 January 2017

Mrs Jo Tresadern

Director

Company Registration No. 06561347

OCTOPUS ROCK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 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

Stock

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Share capital

2016

2015

Allotted, called up and fully paid

1,200 Ordinary of 25p each

300