OBVIOUR LIMITED - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 08261773 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2016

for

OBVIOUR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr V K Yandrapu

REGISTERED OFFICE:

The Long Lodge

265-269 Kingston Road

Wimbledon

London

SW19 3FW

REGISTERED NUMBER:

08261773 (England and Wales)

ACCOUNTANTS:

Tax-Link Chartered Tax Advisors and Accountants

The Long Lodge

265-269 Kingston Road

Wimbledon

London

SW19 3NW

FIXED ASSETS

Tangible assets

2

334

-

CURRENT ASSETS

Cash at bank

40,164

26,876

CREDITORS

Amounts falling due within one year

3

(23,051

)

(24,759

)

NET CURRENT ASSETS

17,113

2,117

TOTAL ASSETS LESS CURRENT LIABILITIES

17,447

2,117

CAPITAL AND RESERVES

Called up share capital

4

300

300

Retained earnings

5

17,147

1,817

SHAREHOLDERS' FUNDS

17,447

2,117

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements were approved by the director on 26 July 2017 and were signed by:

Mr V K Yandrapu - 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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

445

At 31 October 2016

445

DEPRECIATION

Charge for year

111

At 31 October 2016

111

NET BOOK VALUE

At 31 October 2016

334

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.16

31.10.15

£

£

Tax

18,436

9,535

Social security and other taxes

414

109

VAT

3,257

3,257

Directors' loan accounts

944

11,858

23,051

24,759

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

100

Ordinary

1

100

100

100

Class B

1

100

100

100

Class C

1

100

100

300

300

5.

RESERVES

Retained

earnings

£

At 1 November 2015

1,817

Profit for the year

74,080

Dividends

(58,750

)

At 31 October 2016

17,147