Abbreviated Company Accounts - OTHER WORKS LIMITED

Abbreviated Company Accounts - OTHER WORKS LIMITED

OTHER WORKS LIMITED - Company Information

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Registered Number 04478815

OTHER WORKS LIMITED

Abbreviated Accounts

30 April 2016

OTHER WORKS LIMITED Registered Number 04478815

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 - -
- -
Current assets
Debtors 3 98,510 104,167
Cash at bank and in hand 2,682 1,193
101,192 105,360
Creditors: amounts falling due within one year (96,531) (104,009)
Net current assets (liabilities) 4,661 1,351
Total assets less current liabilities 4,661 1,351
Total net assets (liabilities) 4,661 1,351
Capital and reserves
Called up share capital 4 35,399 35,399
Profit and loss account (30,738) (34,048)
Shareholders' funds 4,661 1,351
  • For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 January 2017

And signed on their behalf by:
G E Crabb, Director

OTHER WORKS LIMITED Registered Number 04478815

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Income relating to support contracts is recognised over the period in which it is earned.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - over 3 years

2Tangible fixed assets
£
Cost
At 1 May 2015 88,532
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 88,532
Depreciation
At 1 May 2015 88,532
Charge for the year -
On disposals -
At 30 April 2016 88,532
Net book values
At 30 April 2016 0
At 30 April 2015 0
3Debtors
2016
£		 2015
£
Debtors include the following amounts due after more than one year 35,399 35,399
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
3,500,001 Ordinary shares of £0.01 each 35,000 35,000
39,876 B Ordinary non voting shares of £0.01 each 399 399

The amounts of paid up share capital for the following categories of shares differed from the called up share capital stated above due to unpaid calls and were as follows:

Ordinary shares 2016 £35,399 (2015 £35,399)

5Transactions with directors

Name of director receiving advance or credit: N S Oates
Description of the transaction: Loan
Balance at 1 May 2015: £ 39,460
Advances or credits made: -
Advances or credits repaid: £ 9,864
Balance at 30 April 2016: £ 29,596
Name of director receiving advance or credit: G E Crabb
Description of the transaction: Loan
Balance at 1 May 2015: £ 0
Advances or credits made: £ 5,418
Advances or credits repaid: -
Balance at 30 April 2016: £ 5,418
Name of director receiving advance or credit: J H Briggs
Description of the transaction: Loan
Balance at 1 May 2015: £ 6,627
Advances or credits made: -
Advances or credits repaid: £ 6,627
Balance at 30 April 2016: £ 0

Interest has been charged on these loans at 3%.