Abbreviated Company Accounts - OWNERS ABROAD LIMITED

OWNERS ABROAD LIMITED - Company Information

05111087 OWNERS ABROAD LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 05111087 2015-10-01 2016-09-30 05111087 2016-09-30 05111087 2015-09-30 05111087 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 05111087 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 05111087

OWNERS ABROAD LIMITED

Abbreviated Accounts

30 September 2016

OWNERS ABROAD LIMITED Registered Number 05111087

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	733	977
		733	977
Current assets
Debtors		4,763	4,763
Cash at bank and in hand		30,584	36,329
		35,347	41,092
Creditors: amounts falling due within one year		(9,992)	(32,305)
Net current assets (liabilities)		25,355	8,787
Total assets less current liabilities		26,088	9,764
Total net assets (liabilities)		26,088	9,764
Capital and reserves
Called up share capital	3	30,000	30,000
Profit and loss account		(3,912)	(20,236)
Shareholders' funds		26,088	9,764

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 15 February 2017

And signed on their behalf by:
Mr Daniel Dias, Director

OWNERS ABROAD LIMITED Registered Number 05111087

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment - 25% net book value
Fixtures, fittings & equipment - 25% net book value

Other accounting policies
Related party relationships and transactions

Other transactions
At the balance sheet date the company owed the director £520 (2015 - £2,140).

2Tangible fixed assets

	£
Cost
At 1 October 2015	12,409
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	12,409
Depreciation
At 1 October 2015	11,432
Charge for the year	244
On disposals	-
At 30 September 2016	11,676
Net book values
At 30 September 2016	733
At 30 September 2015	977

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

	2016 £	2015 £
30,000 Ordinary shares of £1 each	30,000	30,000