Abbreviated Company Accounts - OFFICELAND LIMITED

OFFICELAND LIMITED - Company Information

04795900 OFFICELAND LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 04795900 2013-04-01 2014-03-31 04795900 2014-03-31 04795900 2013-03-31 04795900 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04795900 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 iso4217:GBP shares

Registered Number 04795900

OFFICELAND LIMITED

Abbreviated Accounts

31 March 2014

OFFICELAND LIMITED Registered Number 04795900

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	74	99
		74	99
Current assets
Debtors		237	285
Cash at bank and in hand		273	18
		510	303
Creditors: amounts falling due within one year		(5,810)	(3,838)
Net current assets (liabilities)		(5,300)	(3,535)
Total assets less current liabilities		(5,226)	(3,436)
Creditors: amounts falling due after more than one year		(4,118)	(5,252)
Total net assets (liabilities)		(9,344)	(8,688)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(9,444)	(8,788)
Shareholders' funds		(9,344)	(8,688)

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 24 December 2014

And signed on their behalf by:
Mrs J.E. Young, Director

OFFICELAND LIMITED Registered Number 04795900

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

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.

Turnover policy
Turnover represents the value of goods and services supplied during the period in connection with the company's principal activities, providing offices services and distributing computer consumables.

Tangible assets depreciation policy
Tangible assets are depreciated by annual instalments in order to write off each asset over its estimated useful life, at the following rates -
Office Equipment - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	729
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	729
Depreciation
At 1 April 2013	630
Charge for the year	25
On disposals	-
At 31 March 2014	655
Net book values
At 31 March 2014	74
At 31 March 2013	99

3Transactions with directors

Name of director receiving advance or credit:	Mrs J.E. Young
Description of the transaction:	Director's Loan Account
Balance at 1 April 2013:	£ 218
Advances or credits made:	£ 400
Advances or credits repaid:	-
Balance at 31 March 2014:	£ 618

The above director's loan account is included in Other Creditors, is interest free, and repayable on demand.

During the period, the company provided Office Services to Dunning Computer Services Ltd, and purchased computer supplies for resale, from Dunning Computer Services Ltd, a company controlled by the above director's spouse. Transactions were carried out at normal commercial terms.

Throughout the current and previous periods, the company was controlled by Mrs J.E. Young