Abbreviated Company Accounts - OBER PRIVATE CLIENTS LIMITED

OBER PRIVATE CLIENTS LIMITED - Company Information

08157042 OBER PRIVATE CLIENTS LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 08157042 2013-08-01 2014-07-31 08157042 2014-07-31 08157042 2013-07-31 08157042 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 08157042 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 08157042

OBER PRIVATE CLIENTS LIMITED

Abbreviated Accounts

31 July 2014

OBER PRIVATE CLIENTS LIMITED Registered Number 08157042

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,425	-
		1,425	-
Current assets
Debtors		695,001	429,813
Cash at bank and in hand		5,149	4,325
		700,150	434,138
Creditors: amounts falling due within one year		(642,979)	(445,617)
Net current assets (liabilities)		57,171	(11,479)
Total assets less current liabilities		58,596	(11,479)
Total net assets (liabilities)		58,596	(11,479)
Capital and reserves
Called up share capital	3	105	100
Share premium account		99,995	-
Profit and loss account		(41,504)	(11,579)
Shareholders' funds		58,596	(11,479)

For the year ending 31 July 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 April 2015

And signed on their behalf by:
Mr B White, Director

OBER PRIVATE CLIENTS LIMITED Registered Number 08157042

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

As at 31 July 2014, the company's balance sheet showed a negative profit and loss account. The company is expected to generate a profit within 12 months of the signing of the financial statements, and therefore the directors consider it appropriate to prepare the financial statements on a going concern basis.

Compliance with accounting standards
The financial statements are prepared in accordance 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 receivable for services and commission net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows;

Computer equipment - 25% Reducing Balance

Other accounting policies
Revenue recognition
Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for services it has provided.

2Tangible fixed assets

	£
Cost
At 1 August 2013	-
Additions	1,720
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	1,720
Depreciation
At 1 August 2013	-
Charge for the year	295
On disposals	-
At 31 July 2014	295
Net book values
At 31 July 2014	1,425
At 31 July 2013	-

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
105 Ordinary shares of £1 each (100 shares for 2013)	105	100

During the year the company issued 5 ordinary £1 shares at a premium of £19,999 per share.