Abbreviated Company Accounts - OTTOBAN LTD

09654453 OTTOBAN LTD 2016-06-30 false 2015-06-24 2016-06-30 true 09654453 2015-06-24 2016-06-30 09654453 2016-06-30 09654453 uk-gaap-cd-bus:Director1 2015-06-24 2016-06-30 09654453 uk-gaap-cd-bus:Director2 2015-06-24 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-24 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 iso4217:GBP shares

Registered Number 09654453

OTTOBAN LTD

Abbreviated Accounts

30 June 2016

OTTOBAN LTD Registered Number 09654453

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016
		£
Current assets
Cash at bank and in hand		2,302
		2,302
Creditors: amounts falling due within one year		(952)
Net current assets (liabilities)		1,350
Total assets less current liabilities		1,350
Total net assets (liabilities)		1,350
Capital and reserves
Called up share capital	2	1
Profit and loss account		1,349
Shareholders' funds		1,350

For the year ending 30 June 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 30 January 2017

And signed on their behalf by:
Mrs Mercy Afolaby, Director

OTTOBAN LTD Registered Number 09654453

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
1 Ordinary shares of £1 each	1