Abbreviated Company Accounts - THE OLD SCHOOL YARD COMPANY LIMITED

THE OLD SCHOOL YARD COMPANY LIMITED - Company Information

05230678 THE OLD SCHOOL YARD COMPANY LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 05230678 2015-10-01 2016-09-30 05230678 2016-09-30 05230678 2015-09-30 05230678 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 05230678 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 05230678

THE OLD SCHOOL YARD COMPANY LIMITED

Abbreviated Accounts

30 September 2016

THE OLD SCHOOL YARD COMPANY LIMITED Registered Number 05230678

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,068	1,424
		1,068	1,424
Current assets
Stocks		29,850	43,194
Debtors		67,156	83,116
Cash at bank and in hand		125,645	140,940
		222,651	267,250
Creditors: amounts falling due within one year		(95,619)	(170,678)
Net current assets (liabilities)		127,032	96,572
Total assets less current liabilities		128,100	97,996
Total net assets (liabilities)		128,100	97,996
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		128,000	97,896
Shareholders' funds		128,100	97,996

For the year ending 30 September 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 20 January 2017

And signed on their behalf by:
Mr S Mumford, Director

THE OLD SCHOOL YARD COMPANY LIMITED Registered Number 05230678

Notes to the Abbreviated Accounts for the period ended 30 September 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 April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.
Plant and machinery 20% straight line
Motor vehicles 25% straight line

2Tangible fixed assets

	£
Cost
At 1 October 2015	7,136
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	7,136
Depreciation
At 1 October 2015	5,712
Charge for the year	356
On disposals	-
At 30 September 2016	6,068
Net book values
At 30 September 2016	1,068
At 30 September 2015	1,424

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100