Abbreviated Company Accounts - OBTAIN LIMITED

04168746 OBTAIN LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 04168746 2013-04-01 2014-03-31 04168746 2014-03-31 04168746 2013-03-31 04168746 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04168746 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 04168746

OBTAIN LIMITED

Abbreviated Accounts

31 March 2014

OBTAIN LIMITED Registered Number 04168746

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		34,532	31,738
Debtors		824	2,511
Cash at bank and in hand		145	263
		35,501	34,512
Creditors: amounts falling due within one year		(35,448)	(34,599)
Net current assets (liabilities)		53	(87)
Total assets less current liabilities		53	(87)
Creditors: amounts falling due after more than one year		(64,000)	(56,000)
Total net assets (liabilities)		(63,947)	(56,087)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		(63,949)	(56,089)
Shareholders' funds		(63,947)	(56,087)

For the year ending 31 March 2014 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 30 December 2014

And signed on their behalf by:
N Staley, Director

OBTAIN LIMITED Registered Number 04168746

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The Financial Statements have been prepared under the historical cost convention and are in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The Financial Statements have been prepared with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts invoiced to customers during the period, excluding value added tax.

Other accounting policies
Stock and Work in Progress
Stock is valued at the lower of cost or net realisable value.

Short term work in progress, contracts of less than 1 year, is valued at the lower of cost or net realisable value.

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2