Abbreviated Company Accounts - OKARITO (UK) LIMITED

OKARITO (UK) LIMITED - Company Information

04237128 OKARITO (UK) LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 04237128 2015-11-01 2016-10-31 04237128 2016-10-31 04237128 2015-10-31 04237128 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 04237128 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:Director3 2015-11-01 2016-10-31 uk-gaap-cd-bus:Director3 2016-10-31 uk-gaap-cd-bus:Director3 2015-10-31 iso4217:GBP shares

Registered Number 04237128

OKARITO (UK) LIMITED

Abbreviated Accounts

31 October 2016

OKARITO (UK) LIMITED Registered Number 04237128

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,035	8,054
		6,035	8,054
Current assets
Debtors		307,219	495,161
Cash at bank and in hand		531,500	322,255
		838,719	817,416
Creditors: amounts falling due within one year		(108,578)	(95,146)
Net current assets (liabilities)		730,141	722,270
Total assets less current liabilities		736,176	730,324
Total net assets (liabilities)		736,176	730,324
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		735,176	729,324
Shareholders' funds		736,176	730,324

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 28 August 2017

And signed on their behalf by:
David Young, Director

OKARITO (UK) LIMITED Registered Number 04237128

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 amount derived from the provision of goods and services falling within the company's activities after deduction of trade discounts and value added tax.

Tangible assets depreciation policy
Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives as follows: Plant and machinery 25%, Motor vehicles 25%.

2Tangible fixed assets

	£
Cost
At 1 November 2015	45,349
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	45,349
Depreciation
At 1 November 2015	37,295
Charge for the year	2,019
On disposals	-
At 31 October 2016	39,314
Net book values
At 31 October 2016	6,035
At 31 October 2015	8,054

3Transactions with directors

Name of director receiving advance or credit:	David Young
Description of the transaction:	Loan to Director
Balance at 1 November 2015:	£ 8,090
Advances or credits made:	£ 15,057
Advances or credits repaid:	-
Balance at 31 October 2016:	£ 23,147