OM Change & Transformation Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09050369 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

OM Change & Transformation Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

Mr O S Mack

Mrs L Mack

REGISTERED OFFICE:

56 Limpton Gate

Yarm

England

Cleveland

TS15 9JA

REGISTERED NUMBER:

09050369 (England and Wales)

ACCOUNTANTS:

Applause Accountancy Services Limited

60 Beamish View

Birtley

Co. Durham

DH3 1RS

FIXED ASSETS

Tangible assets

2

1,861

2,164

CURRENT ASSETS

Debtors

7,130

10,024

Cash at bank

98,074

87,027

105,204

97,051

CREDITORS

Amounts falling due within one year

33,569

39,722

NET CURRENT ASSETS

71,635

57,329

TOTAL ASSETS LESS CURRENT
LIABILITIES

73,496

59,493

PROVISIONS FOR LIABILITIES

372

433

NET ASSETS

73,124

59,060

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

73,024

58,960

SHAREHOLDERS' FUNDS

73,124

59,060

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 28 July 2016 and were signed on its behalf by:

Mrs L Mack - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery etc

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

2,487

Additions

229

At 31 May 2016

2,716

DEPRECIATION

At 1 June 2015

323

Charge for year

532

At 31 May 2016

855

NET BOOK VALUE

At 31 May 2016

1,861

At 31 May 2015

2,164

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

100

Ordinary

£1

100

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two 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 OM Change & Transformation Ltd for the year ended 31 May 2016 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 Board of Directors of OM Change & Transformation Ltd, as a body, in accordance with the terms of our engagement letter dated 5 August 2014. Our work has been undertaken solely to prepare for your approval the financial statements of OM Change & Transformation Ltd and state those matters that we have agreed to state to the Board of Directors of OM Change & Transformation Ltd, as a body, 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 Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that OM Change & Transformation Ltd 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 profit of OM Change & Transformation Ltd. You consider that OM Change & Transformation Ltd 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 OM Change & Transformation Ltd. 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.

Applause Accountancy Services Limited

60 Beamish View

Birtley

Co. Durham

DH3 1RS

15 August 2016