Oasis Event Door Limited - Abbreviated accounts 16.1

Oasis Event Door Limited - Abbreviated accounts 16.1

OASIS EVENT DOOR LIMITED - Company Information

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07903526 1.12.14 30.11.15 30.11.15 Company accounts Private Limited Company FY true false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure079035262014-11-30079035262015-11-30079035262014-12-012015-11-30079035262013-11-30079035262013-12-012014-11-30079035262014-11-3007903526ns12:England2014-12-012015-11-3007903526ns14:PoundSterling2014-12-012015-11-3007903526ns7:Director12014-12-012015-11-3007903526ns7:OrdinaryShareClass12014-12-012015-11-3007903526ns7:OrdinaryShareClass22014-12-012015-11-3007903526ns7:OrdinaryShareClass12015-11-3007903526ns7:OrdinaryShareClass12014-11-3007903526ns7:OrdinaryShareClass22015-11-3007903526ns7:OrdinaryShareClass22014-11-30
REGISTERED NUMBER: 07903526 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

OASIS EVENT DOOR LIMITED

OASIS EVENT DOOR LIMITED (REGISTERED NUMBER: 07903526)

CONTENTS OF THE ABBREVIATED ACCOUNTS
for the year ended 30 November 2015










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

OASIS EVENT DOOR LIMITED (REGISTERED NUMBER: 07903526)

ABBREVIATED BALANCE SHEET
30 November 2015

2015 2014
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 40,417 42,917
Tangible assets 3 11,225 10,772
51,642 53,689

CURRENT ASSETS
Stocks 214,428 151,820
Debtors 91,173 78,485
Cash at bank and in hand 23,564 12,343
329,165 242,648
CREDITORS
Amounts falling due within one year 4 228,907 218,167
NET CURRENT ASSETS 100,258 24,481
TOTAL ASSETS LESS CURRENT
LIABILITIES
151,900
78,170

CREDITORS
Amounts falling due after more than one year 4 (876 ) (7,618 )

PROVISIONS FOR LIABILITIES (1,585 ) (1,389 )
NET ASSETS 149,439 69,163

CAPITAL AND RESERVES
Called up share capital 5 1,100 1,100
Profit and loss account 148,339 68,063
SHAREHOLDERS' FUNDS 149,439 69,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 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 20 August 2016 and were signed on its behalf by:



A G Bainbridge - Director


The notes form part of these abbreviated accounts

Page 1
OASIS EVENT DOOR LIMITED (REGISTERED NUMBER: 07903526)

NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 30 November 2015


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 goods and services supplied, excluding value added tax.

Revenue is recognised to the extent that the company has obtained the right to consideration through its performance and is
measured at the fair value of the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

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

Short leasehold-10% on cost
Plant and machinery-33% on reducing balance and 25% on reducing balance
Fixtures and fittings-25% on reducing balance
Motor vehicles-25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value.

Deferred tax
Deferred tax is recognised as a liability or asset if the transactions or events that give an obligation to pay more tax in future
or a right to pay less tax in future have occurred by the balance sheet date.

Leasing commitments
Operating lease rentals are charged against profits of the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2014
and 30 November 2015 50,000
AMORTISATION
At 1 December 2014 7,083
Amortisation for year 2,500
At 30 November 2015 9,583
NET BOOK VALUE

At 30 November 2015 40,417
At 30 November 2014 42,917

Page 2 continued...
OASIS EVENT DOOR LIMITED (REGISTERED NUMBER: 07903526)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the year ended 30 November 2015


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2014 18,896
Additions 4,507
At 30 November 2015 23,403
DEPRECIATION
At 1 December 2014 8,124
Charge for year 4,054
At 30 November 2015 12,178
NET BOOK VALUE
At 30 November 2015 11,225
At 30 November 2014 10,772

4. CREDITORS

Creditors include an amount of £ 32,602 (2014 - £ 11,135 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: as restated
£    £   
1,000 Ordinary A £1 1,000 1,000
100 Ordinary B £1 100 100
1,100 1,100

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