OPTIONS 4 I.T. LIMITED - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04567853 (England and Wales)

OPTIONS 4 I.T. LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

31 DECEMBER 2013

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

to

4

Notes to the Abbreviated Accounts

5

to

6

DIRECTOR:

Mr G P Doel

SECRETARY:

Mrs D M Doel

REGISTERED OFFICE:

Leslie Cottage

Bersted Street

Bognor Regis

West Sussex

PO22 9QH

REGISTERED NUMBER:

04567853 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

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 six) have

been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 December 2013 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil

your statutory responsibilities, from the accounting records and information and explanations supplied to us.

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

FIXED ASSETS

Tangible assets

2

2,285

509

CURRENT ASSETS

Debtors

12,209

27,381

Cash at bank

27,924

10,738

40,133

38,119

CREDITORS

Amounts falling due within one year

(27,075

)

(22,513

)

NET CURRENT ASSETS

13,058

15,606

TOTAL ASSETS LESS CURRENT LIABILITIES

15,343

16,115

CAPITAL AND RESERVES

Called up share capital

3

20

20

Reserves - profit/loss b/fwd

15,323

16,095

SHAREHOLDERS' FUNDS

15,343

16,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 4 August 2014 and were signed by:

Mr G P Doel - 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.

Computer equipment

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance

sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of

transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

1,567

Additions

2,538

At 31 December 2013

4,105

DEPRECIATION

At 1 January 2013

1,058

Charge for year

762

At 31 December 2013

1,820

NET BOOK VALUE

At 31 December 2013

2,285

At 31 December 2012

509

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

20

Ordinary

£1

20

20

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2013 and

31 December 2012:

2013

2012

£

£

Mr G P Doel

Balance outstanding at start of year

2,167

(5,877

)

Amounts advanced

5,282

8,044

Amounts repaid

(2,890

)

-

Balance outstanding at end of year

4,559

2,167