Abbreviated Company Accounts - OPTIONEASY LIMITED

Abbreviated Company Accounts - OPTIONEASY LIMITED

OPTIONEASY LIMITED - Company Information

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Registered Number 04427978

OPTIONEASY LIMITED

Abbreviated Accounts

31 December 2013

OPTIONEASY LIMITED Registered Number 04427978

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 - 1
- 1
Current assets
Debtors 26,218 26,218
Cash at bank and in hand 41,265 17,692
67,483 43,910
Creditors: amounts falling due within one year (8,451) (36,250)
Net current assets (liabilities) 59,032 7,660
Total assets less current liabilities 59,032 7,661
Total net assets (liabilities) 59,032 7,661
Capital and reserves
Called up share capital 11,167 11,167
Share premium account 48,333 48,333
Profit and loss account (468) (51,839)
Shareholders' funds 59,032 7,661
  • For the year ending 31 December 2013 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 29 July 2014

And signed on their behalf by:
G K COHEN, Director

OPTIONEASY LIMITED Registered Number 04427978

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 services provided during the year (stated net of value added tax).

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:
Office equipment - over 4 years

2Tangible fixed assets
£
Cost
At 1 January 2013 7,989
Additions -
Disposals (7,989)
Revaluations -
Transfers -
At 31 December 2013 0
Depreciation
At 1 January 2013 7,988
Charge for the year -
On disposals (7,988)
At 31 December 2013 0
Net book values
At 31 December 2013 0
At 31 December 2012 1