Oozler Ltd - Accounts to registrar (filleted) - small 18.2

Oozler Ltd - Accounts to registrar (filleted) - small 18.2

OOZLER LTD - Company Information

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REGISTERED NUMBER: SC499763 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

OOZLER LTD
OOZLER LTD (REGISTERED NUMBER: SC499763)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


OOZLER LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: J Shinton





REGISTERED OFFICE: 11 St Andrew Street
North Berwick
EH39 4NU





REGISTERED NUMBER: SC499763 (Scotland)





ACCOUNTANTS: MacDonald Morton Ltd
Chartered Accountants
67 March Road
Edinburgh
EH4 3SU
Page 1
OOZLER LTD (REGISTERED NUMBER: SC499763)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Investments 4 20,000 20,000

CURRENT ASSETS
Debtors 5 132,288 78,450
Cash at bank and in hand 27,971 11,376
160,259 89,826
CREDITORS
Amounts falling due within one year 6 35,774 26,477
NET CURRENT ASSETS 124,485 63,349
TOTAL ASSETS LESS CURRENT
LIABILITIES
144,485
83,349

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 144,385 83,249
SHAREHOLDERS' FUNDS 144,485 83,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 13 December 2018 and were signed by:





J Shinton - Director


The notes form part of these financial statements

Page 2
OOZLER LTD (REGISTERED NUMBER: SC499763)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

Oozler Ltd is a private company, limited by shares , registered in Scotland. The company's registered number
and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Revenue is measured at the fair value of the consideration received or receivable and represents amounts
receivable for services to third parties in the normal course of business, net of discounts, VAT and other related
taxes. Revenue from services is recognised when services have been provided and the right to consideration has
been earned.

Financial instruments
Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of
the financial instrument. The company holds the following basic financial instruments.

Financial assets
Cash and cash equivalents - comprise cash in hand and deposits held with banks.

Trade and other debtors are initially measured at the undiscounted amounts receivable from a customer, which is
normally the invoiced price. Trade and other debtors are assessed at the end of each reporting period for
objective evidence of impairment. If such evidence is found an impairment loss is recognised.

Financial liabilities
Trade and other creditors are initially measured at the transaction price, including any transaction costs.

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 statement of financial position date.


Page 3 continued...
OOZLER LTD (REGISTERED NUMBER: SC499763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2017
and 31 March 2018 20,000
NET BOOK VALUE
At 31 March 2018 20,000
At 31 March 2017 20,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors (200 ) -
Other debtors 132,488 78,450
132,288 78,450

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Taxation and social security 35,124 25,827
Other creditors 650 650
35,774 26,477

Page 4 continued...
OOZLER LTD (REGISTERED NUMBER: SC499763)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and
31 March 2017:

31.3.18 31.3.17
£    £   
J Shinton
Balance outstanding at start of year 58,450 60,287
Amounts advanced 203,800 126,284
Amounts repaid (137,262 ) (128,121 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 124,988 58,450

Page 5