Opelfir Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC152799 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Opelfir Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A L Keay

Mrs M I G Keay

SECRETARY:

Mrs M I G Keay

REGISTERED OFFICE:

70 Forthill Road

Broughty Ferry

Dundee

Tayside

DD5 3DN

REGISTERED NUMBER:

SC152799 (Scotland)

ACCOUNTANTS:

Walker Harris

Chartered Accountants

27 St David Street

Brechin

ANGUS

DD9 6EG

FIXED ASSETS

Investments

2

151,641

150,730

CURRENT ASSETS

Debtors

2

2

CREDITORS

Amounts falling due within one year

1,366

1,041

NET CURRENT LIABILITIES

(1,364

)

(1,039

)

TOTAL ASSETS LESS CURRENT LIABILITIES

150,277

149,691

CAPITAL AND RESERVES

Called up share capital

3

2

2

Revaluation reserve

(260,081

)

(260,992

)

Retained earnings

410,356

410,681

SHAREHOLDERS' FUNDS

150,277

149,691

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 15 May 2017 and were signed on its behalf by:

A L Keay - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Opelfir Limited as an individual company and do not contain

consolidated financial information as the parent of a group. The company has taken the option under Section 398

of the Companies Act 2006 not to prepare consolidated financial statements.

Deferred tax

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

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 October 2015

and 30 September 2016

411,976

PROVISIONS

At 1 October 2015

261,246

Charge for year

(911

)

At 30 September 2016

260,335

NET BOOK VALUE

At 30 September 2016

151,641

At 30 September 2015

150,730

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Kinaldie Boarding Kennels & Cattery Limited

Country of incorporation: Scotland

Nature of business: Boarding Kennels

%

Class of shares:

holding

Ordinary

50.00

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

2

ordinary

1.00

2

2