Micro-entity Accounts - ORETOWN LTD

08937177 ORETOWN LTD 2017-07-31 false 2016-08-01 2017-07-31 true 08937177 2016-08-01 2017-07-31 08937177 2017-07-31 08937177 2016-07-31 08937177 uk-gaap-cd-bus:Director1 2016-08-01 2017-07-31 08937177 uk-gaap-cd-bus:Director2 2016-08-01 2017-07-31 08937177 uk-gaap-cd-bus:AllEntityOfficers 2016-08-01 2017-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-01 2017-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 iso4217:GBP shares

Registered Number 08937177

ORETOWN LTD

Micro-entity Accounts

31 July 2017

ORETOWN LTD Registered Number 08937177

Micro-entity Balance Sheet as at 31 July 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	1,864	2,394
		1,864	2,394
Current assets
Debtors		8,118	9,523
Cash at bank and in hand		20,567	18,696
		28,685	28,219
Creditors: amounts falling due within one year		(18,707)	(26,249)
Net current assets (liabilities)		9,978	1,970
Total assets less current liabilities		11,842	4,364
Total net assets (liabilities)		11,842	4,364
Capital and reserves
Called up share capital	2	1,000	1,000
Profit and loss account		10,842	3,364
Shareholders' funds		11,842	4,364

For the year ending 31 July 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 January 2018

And signed on their behalf by:
Herbert Montgomery, Director

ORETOWN LTD Registered Number 08937177

Notes to the Micro-entity Accounts for the period ended 31 July 2017

1Tangible fixed assets

	£
Cost
At 1 August 2016	3,288
Additions	675
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2017	3,963
Depreciation
At 1 August 2016	894
Charge for the year	1,205
On disposals	-
At 31 July 2017	2,099
Net book values
At 31 July 2017	1,864
At 31 July 2016	2,394

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
1,000 Ordinary shares of £1 each	1,000	1,000

3Accounting 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.

Tangible assets depreciation policy
Fittings fixtures and equipment -25% straight line