Abbreviated Company Accounts - OKAFOR CONSULTING LTD

Abbreviated Company Accounts - OKAFOR CONSULTING LTD

OKAFOR CONSULTING LTD - Company Information

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Registered Number 07407596

OKAFOR CONSULTING LTD

Abbreviated Accounts

31 October 2016

OKAFOR CONSULTING LTD Registered Number 07407596

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,827 705
1,827 705
Current assets
Debtors 905 -
Cash at bank and in hand 3,169 2,813
4,074 2,813
Creditors: amounts falling due within one year (2,068) (356)
Net current assets (liabilities) 2,006 2,457
Total assets less current liabilities 3,833 3,162
Total net assets (liabilities) 3,833 3,162
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,832 3,161
Shareholders' funds 3,833 3,162
  • For the year ending 31 October 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 26 July 2017

And signed on their behalf by:
EUGENIA OKAFOR, Director

OKAFOR CONSULTING LTD Registered Number 07407596

Notes to the Abbreviated Accounts for the period ended 31 October 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 November 2015 4,081
Additions 1,929
Disposals -
Revaluations -
Transfers -
At 31 October 2016 6,010
Depreciation
At 1 November 2015 3,376
Charge for the year 807
On disposals -
At 31 October 2016 4,183
Net book values
At 31 October 2016 1,827
At 31 October 2015 705