Company Registration No. 07537185 (England and Wales)
OTTO PRINT & DESIGN LTD
Unaudited accounts
for the year ended 30 November 2017
OTTO PRINT & DESIGN LTD
Unaudited accounts
Contents
OTTO PRINT & DESIGN LTD
Company Information
for the year ended 30 November 2017
Company Number
07537185 (England and Wales)
Registered Office
62 BARTHOLOMEW STREET
ABBEY FOREGATE
NEWBURY
BERKSHIRE
RG14 7BE
Accountants
ASPIRE & INSPIRE UK LIMITED
KINGSLAND HOUSE
ABBEY FOREGATE
SHREWSBURY
SHROPSHIRE
SY2 6BL
OTTO PRINT & DESIGN LTD
Statement of financial position
as at 30 November 2017
Tangible assets
2,037
3,093
Cash at bank and in hand
626
175
Creditors: amounts falling due within one year
(3,009)
(1,068)
Net current assets/(liabilities)
6,123
(318)
Called up share capital
1,000
1,000
Profit and loss account
7,160
1,775
Shareholders' funds
8,160
2,775
For the year ending 30 November 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 July 2018.
EMRE OCAKCI
Director
Company Registration No. 07537185
OTTO PRINT & DESIGN LTD
Notes to the Accounts
for the year ended 30 November 2017
OTTO PRINT & DESIGN LTD is a private company, limited by shares, registered in England and Wales, registration number 07537185. The registered office is 62 BARTHOLOMEW STREET, ABBEY FOREGATE, NEWBURY, BERKSHIRE, RG14 7BE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line Basis
OTTO PRINT & DESIGN LTD
Notes to the Accounts
for the year ended 30 November 2017
4
Tangible fixed assets
Plant & machinery
Accrued income and prepayments
653
-
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
1,706
163
Loans from directors
-
905
8
Average number of employees
During the year the average number of employees was 1 (2016: 1).
