Option Consulting Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC491947 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Option Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T Dillon

REGISTERED OFFICE:

12 Back Road

Dollar

Clackmannanshire

Scotland

FK14 7EA

REGISTERED NUMBER:

SC491947 (Scotland)

ACCOUNTANTS:

Paystream Accounting Services Limited

Mansion House

Manchester Road

Altrincham

Cheshire

WA14 4RW

CURRENT ASSETS

Debtors

39,226

18,147

Cash at bank

497

17,118

39,723

35,265

CREDITORS

Amounts falling due within one year

34,001

31,657

NET CURRENT ASSETS

5,722

3,608

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,722

3,608

CAPITAL AND RESERVES

Called up share capital

2

1

Profit and loss account

5,720

3,607

SHAREHOLDERS' FUNDS

5,722

3,608

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 19 January 2017 and were signed by:

T Dillon - 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 invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

1

ORDINARY

£1

1

B ORDINARY

£1

1

-

2

1

Allotted and issued:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

1

Share capital 2

£1

1

-

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended

30 November 2016 and the period ended 30 November 2015:

30.11.16

30.11.15

£

T Dillon

Balance outstanding at start of year

14,947

-

Amounts advanced

14,039

14,947

Amounts repaid

-

Balance outstanding at end of year

28,986

14,947