ODC (Defence) Limited - Accounts to registrar - small 17.2

ODC (Defence) Limited - Accounts to registrar - small 17.2

ODC (DEFENCE) LIMITED - Company Information

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REGISTERED NUMBER: 09283772 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

ODC (DEFENCE) LIMITED

ODC (DEFENCE) LIMITED (REGISTERED NUMBER: 09283772)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ODC (DEFENCE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTORS: Miss S Miller
Mr P W Evans





REGISTERED OFFICE: 55 Moreall Meadows
Gibbett Hill
Coventry
CV4 7HL





REGISTERED NUMBER: 09283772 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA
Page 1
ODC (DEFENCE) LIMITED (REGISTERED NUMBER: 09283772)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,886 1,050

CURRENT ASSETS
Debtors 5 65,800 26,420
Cash at bank 9,587 24,883
75,387 51,303
CREDITORS
Amounts falling due within one year 6 34,137 32,575
NET CURRENT ASSETS 41,250 18,728
TOTAL ASSETS LESS CURRENT
LIABILITIES
46,136
19,778

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 46,036 19,678
SHAREHOLDERS' FUNDS 46,136 19,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 18 July 2017 and were signed on its
behalf by:





Mr P W Evans - Director


The notes form part of these financial statements

Page 2
ODC (DEFENCE) LIMITED (REGISTERED NUMBER: 09283772)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016


1. STATUTORY INFORMATION

ODC (Defence) Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

Page 3 continued...
ODC (DEFENCE) LIMITED (REGISTERED NUMBER: 09283772)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2016 1,400
Additions 5,581
At 31 December 2016 6,981
DEPRECIATION
At 1 January 2016 350
Charge for year 1,745
At 31 December 2016 2,095
NET BOOK VALUE
At 31 December 2016 4,886
At 31 December 2015 1,050

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 64,512 24,815
VAT 312 967
Prepayments and accrued income 976 638
65,800 26,420

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 1,625 8,132
Tax 18,090 16,606
Social security and other taxes 1,500 -
Other creditors 11,548 -
Directors' current accounts 284 6,747
Accruals and deferred income 1,090 1,090
34,137 32,575

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

Page 4 continued...
ODC (DEFENCE) LIMITED (REGISTERED NUMBER: 09283772)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016


8. RESERVES
Retained
earnings
£   

At 1 January 2016 19,678
Profit for the year 70,858
Dividends (44,500 )
At 31 December 2016 46,036

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £44,500 (2015 - £40,654) were paid to the directors .

At the year end date the Mr P Evans was owed £284 (2016 - £6,747). The loan is interest free and has
no fixed terms for repayment.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr P W Evans.

Page 5