Opentop Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC300178 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2014

FOR

OPENTOP LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J Flood

REGISTERED OFFICE:

42/5 Sandport Street

Edinburgh

EH6 6EP

REGISTERED NUMBER:

SC300178 (Scotland)

ACCOUNTANTS:

1st Accounting and Consulting Limited

Chartered Accountants

1st Group

Bow Court

Coventry

CV5 6SP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages three to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Opentop Limited for the year ended 30 April 2014 which comprise the Profit and Loss Account, the Balance Sheet and

the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical

and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Opentop Limited in accordance with our terms of engagement. Our work has been

undertaken solely to prepare for your approval the financial statements of Opentop Limited and state those matters that we have

agreed to state to the director of Opentop Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director

for our work or for this report.

It is your duty to ensure that Opentop Limited has kept adequate accounting records and to prepare statutory financial statements

that give a true and fair view of the assets, liabilities, financial position and loss of Opentop Limited. You consider that Opentop

Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Opentop Limited. For this reason, we

have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and

we do not, therefore, express any opinion on the statutory financial statements.

1st Accounting and Consulting Limited

Chartered Accountants

1st Group

Bow Court

Coventry

CV5 6SP

21 January 2015

FIXED ASSETS

Tangible assets

2

76

102

CURRENT ASSETS

Stocks

-

24,932

Debtors

-

76,320

Cash at bank

206,813

166,355

206,813

267,607

CREDITORS

Amounts falling due within one year

105,418

134,563

NET CURRENT ASSETS

101,395

133,044

TOTAL ASSETS LESS CURRENT LIABILITIES

101,471

133,146

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

101,470

133,145

SHAREHOLDERS' FUNDS

101,471

133,146

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 January 2015 and were signed by:

Mr J Flood - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

765

DEPRECIATION

At 1 May 2013

663

Charge for year

26

At 30 April 2014

689

NET BOOK VALUE

At 30 April 2014

76

At 30 April 2013

102

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

1

Ordinary

£1

1

1