Abbreviated Company Accounts - ORTAGGI LIMITED

06203771 ORTAGGI LIMITED 2016-04-30 false 2014-11-01 2016-04-30 true 06203771 2014-11-01 2016-04-30 06203771 2016-04-30 06203771 2014-10-31 06203771 uk-gaap-cd-bus:Director1 2014-11-01 2016-04-30 06203771 uk-gaap-cd-bus:Director2 2014-11-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 06203771

ORTAGGI LIMITED

Abbreviated Accounts

30 April 2016

ORTAGGI LIMITED Registered Number 06203771

Abbreviated Balance Sheet as at 30 April 2016

	Notes	30/04/2016	31/10/2014
		£	£
Fixed assets
Tangible assets	2	24,323	35,312
		24,323	35,312
Current assets
Stocks		1,500	1,800
Debtors		90,154	107,845
Cash at bank and in hand		1,256	15,188
		92,910	124,833
Creditors: amounts falling due within one year		(88,592)	(140,903)
Net current assets (liabilities)		4,318	(16,070)
Total assets less current liabilities		28,641	19,242
Creditors: amounts falling due after more than one year		(367)	(3,687)
Total net assets (liabilities)		28,274	15,555
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		28,174	15,455
Shareholders' funds		28,274	15,555

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 13 April 2017

And signed on their behalf by:
G Santamaria, Director

ORTAGGI LIMITED Registered Number 06203771

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 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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery & equipment 25% on reducing balance
Motor vehicles 25% on reducing balance

Other accounting policies
Leasing and hire purchase commitments
"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term."

2Tangible fixed assets

	£
Cost
At 1 November 2014	55,302
Additions	-
Disposals	(9,211)
Revaluations	-
Transfers	-
At 30 April 2016	46,091
Depreciation
At 1 November 2014	19,990
Charge for the year	5,808
On disposals	(4,030)
At 30 April 2016	21,768
Net book values
At 30 April 2016	24,323
At 31 October 2014	35,312

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

	30/04/2016 £	31/10/2014 £
100 Ordinary shares of £1 each	100	100