Oasis Financial Services Ltd - Period Ending 2016-09-30
Oasis Financial Services Ltd - Period Ending 2016-09-30
Registration number:
for the Year Ended
Oasis Financial Services Ltd
Contents
Abbreviated Balance Sheet |
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Notes to the Abbreviated Accounts |
Oasis Financial Services Ltd
(Registration number: 09236625)
Abbreviated Balance Sheet as at 30 September 2016
Note |
2016 |
2015 |
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Fixed assets |
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Tangible assets |
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- |
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Current assets |
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Debtors |
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|
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Cash at bank and in hand |
|
- |
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|
|
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Creditors: Amounts falling due within one year |
( |
- |
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Net current assets |
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|
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Net assets |
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Capital and reserves |
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Called up share capital |
|
|
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Profit and loss account |
|
- |
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Shareholders' funds |
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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 director on
.........................................
Mr. M Wilson
Director
Oasis Financial Services Ltd
Notes to the Abbreviated Accounts
Accounting policies |
Turnover
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.
Revenue recognition
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
25% straight line |
Fixed assets |
Tangible assets |
Total |
|
Cost |
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Additions |
1,167 |
1,167 |
At 30 September 2016 |
1,167 |
1,167 |
Depreciation |
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Charge for the year |
292 |
292 |
At 30 September 2016 |
292 |
292 |
Net book value |
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At 30 September 2016 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
|||
No. |
£ |
No. |
£ |
|
|
|
100 |
|
100 |
Control |
The director is the controlling party by virtue of his controlling shareholding in the company.