Ongar Bridge Holdings Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04573798 (England and Wales)

Financial Statements

for the Year Ended

30 September 2017

for

Ongar Bridge Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs B V Evans

A P Evans

SECRETARY:

Mrs B V Evans

REGISTERED OFFICE:

Summit House

13 High Street

Wanstead

London

E11 2AA

REGISTERED NUMBER:

04573798 (England and Wales)

ACCOUNTANTS:

Friedmans

Summit House

13 High Street

Wanstead

London

E11 2AA

FIXED ASSETS

Tangible assets

3

553,188

553,227

Investments

4

2

2

553,190

553,229

CURRENT ASSETS

Debtors

5

1,572,909

1,457,514

Cash at bank

9,241

15,224

1,582,150

1,472,738

CREDITORS

Amounts falling due within one year

6

27,019

28,310

NET CURRENT ASSETS

1,555,131

1,444,428

TOTAL ASSETS LESS CURRENT LIABILITIES

2,108,321

1,997,657

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,108,221

1,997,557

SHAREHOLDERS' FUNDS

2,108,321

1,997,657

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 7 June 2018 and were signed on its behalf by:

A P Evans - Director

1.	STATUTORY INFORMATION

Ongar Bridge Holdings Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

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

Freehold property

-

not provided

Plant and machinery

-

15% on reducing balance

Freehold property is considered for impairment annually.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

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

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable

profits.

3.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 October 2016

and 30 September 2017

553,034

3,935

556,969

DEPRECIATION

At 1 October 2016

-

3,742

3,742

Charge for year

-

39

39

At 30 September 2017

-

3,781

3,781

NET BOOK VALUE

At 30 September 2017

553,034

154

553,188

At 30 September 2016

553,034

193

553,227

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2016

and 30 September 2017

2

NET BOOK VALUE

At 30 September 2017

2

At 30 September 2016

2

5.

DEBTORS

2017

2016

£

£

Amounts falling due within one year:

Other debtors

1,322,909

1,207,514

Amounts falling due after more than one year:

Other debtors

250,000

250,000

Aggregate amounts

1,572,909

1,457,514

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Tax

26,814

28,105

Directors' current accounts

205

205

27,019

28,310

7.	RELATED PARTY DISCLOSURES

8.	ULTIMATE CONTROLLING PARTY

Mrs B V Evans and Mr A P Evans together hold 76% of the issued share capital of the company , they

are therefore jointly considered to be the ultimate controlling party.