Abbreviated Company Accounts - OTTALEX LIMITED

08328363 OTTALEX LIMITED 2013-06-30 false 2012-12-12 2013-06-30 true 08328363 2012-12-12 2013-06-30 08328363 2013-06-30 08328363 uk-gaap-cd-bus:Director1 2012-12-12 2013-06-30 08328363 uk-gaap-cd-bus:Director2 2012-12-12 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-12 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 08328363

OTTALEX LIMITED

Abbreviated Accounts

30 June 2013

OTTALEX LIMITED Registered Number 08328363

Abbreviated Balance Sheet as at 30 June 2013

	Notes	2013
		£
Called up share capital not paid		-
Fixed assets
Investments	2	432,184
		432,184
Creditors: amounts falling due within one year		(432,054)
Net current assets (liabilities)		(432,054)
Total assets less current liabilities		130
Total net assets (liabilities)		130
Capital and reserves
Called up share capital	3	130
Shareholders' funds		130

For the year ending 30 June 2013 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 November 2014

And signed on their behalf by:
Benno Wasserstein, Director

OTTALEX LIMITED Registered Number 08328363

Notes to the Abbreviated Accounts for the period ended 30 June 2013

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.

Other accounting policies
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable excluding discounts, rebates and VAT.

2Fixed assets Investments
The company holds 100% of the share capital in Box (UK) Limited. A company incorporated in England and Wales.

The principle activity of Box (UK) Limited is that of website consultants.

In 2013, Box (UK) Limited had profit for the year of £184,046 and the total capital and reserves of £1,268,285.

On 31 December 2012 the company acquired the entire issued share capital of Box (UK) Limited for a total consideration of £432,184.

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £
130 Ordinary shares of £1 each	130

During the year 130 ordinary shares of £1 each were issued at par.