Abbreviated Company Accounts - OLYVON LTD

07780729 OLYVON LTD 2016-09-30 false 2015-10-01 2016-09-30 true 07780729 2015-10-01 2016-09-30 07780729 2016-09-30 07780729 2015-09-30 07780729 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 07780729 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 07780729

OLYVON LTD

Abbreviated Accounts

30 September 2016

OLYVON LTD Registered Number 07780729

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	8,849	4,379
		8,849	4,379
Current assets
Debtors		76,136	26,849
Cash at bank and in hand		38,408	58,618
		114,544	85,467
Creditors: amounts falling due within one year		(100,628)	(63,959)
Net current assets (liabilities)		13,916	21,508
Total assets less current liabilities		22,765	25,887
Total net assets (liabilities)		22,765	25,887
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		22,665	25,787
Shareholders' funds		22,765	25,887

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 30 June 2017

And signed on their behalf by:
S Birsimitzoglou, Director

OLYVON LTD Registered Number 07780729

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The statutory accounts are prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2015).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT.

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% of written down value
Fixtures & fittings 25% of written down value

2Tangible fixed assets

	£
Cost
At 1 October 2015	6,034
Additions	6,360
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	12,394
Depreciation
At 1 October 2015	1,655
Charge for the year	1,890
On disposals	-
At 30 September 2016	3,545
Net book values
At 30 September 2016	8,849
At 30 September 2015	4,379

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

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