Abbreviated Company Accounts - ODONTI LIMITED

08618719 ODONTI LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 08618719 2015-08-01 2016-07-31 08618719 2016-07-31 08618719 2015-07-31 08618719 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 08618719 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:Director3 2015-08-01 2016-07-31 uk-gaap-cd-bus:Director3 2016-07-31 uk-gaap-cd-bus:Director3 2015-07-31 uk-gaap-cd-bus:Director4 2015-08-01 2016-07-31 uk-gaap-cd-bus:Director4 2016-07-31 uk-gaap-cd-bus:Director4 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 08618719

ODONTI LIMITED

Abbreviated Accounts

31 July 2016

ODONTI LIMITED Registered Number 08618719

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	414	152
Investments	3	-	3,000
		414	3,152
Current assets
Stocks		-	-
Debtors		14,818	10,734
Investments		-	-
Cash at bank and in hand		2,138	138
		16,956	10,872
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(15,964)	(11,585)
Net current assets (liabilities)		992	(713)
Total assets less current liabilities		1,406	2,439
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		(1,080)	(720)
Total net assets (liabilities)		326	1,719
Capital and reserves
Called up share capital	4	100	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		226	1,619
Shareholders' funds		326	1,719

For the year ending 31 July 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 29 April 2017

And signed on their behalf by:
Jacob Krikor, Director

ODONTI LIMITED Registered Number 08618719

Notes to the Abbreviated Accounts for the period ended 31 July 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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its
expected useful life, as follows:
Fixtures, fittings
and equipment - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2015	270
Additions	400
Disposals	0
Revaluations	0
Transfers	0
At 31 July 2016	670
Depreciation
At 1 August 2015	118
Charge for the year	138
On disposals	0
At 31 July 2016	256
Net book values
At 31 July 2016	414
At 31 July 2015	152

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

4Called Up Share Capital
Allotted, called up and fully paid:

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

5Transactions with directors

Name of director receiving advance or credit:	Jacob Krikor
Description of the transaction:	The following directors had interest free loans during the year:
Balance at 1 August 2015:	£ 0
Advances or credits made:	£ 4,850
Advances or credits repaid:	-
Balance at 31 July 2016:	£ 4,850

Name of director receiving advance or credit:	Lena Krikor
Description of the transaction:	The following directors had interest free loans during the year:
Balance at 1 August 2015:	£ 9,457
Advances or credits made:	£ 2,000
Advances or credits repaid:	£ 9,457
Balance at 31 July 2016:	£ 2,000