Abbreviated Company Accounts - OGURY LIMITED

Abbreviated Company Accounts - OGURY LIMITED

OGURY LIMITED - Company Information

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Registered Number 08904951

OGURY LIMITED

Abbreviated Accounts

31 December 2015

OGURY LIMITED Registered Number 08904951

Abbreviated Balance Sheet as at 31 December 2015

Notes 31/12/2015 31/03/2015
£ £
Fixed assets
Tangible assets 2 70,223 38,670
Investments 3 149,206 7,519
219,429 46,189
Current assets
Debtors 4,276,686 1,043,604
Cash at bank and in hand 243,739 2,445,196
4,520,425 3,488,800
Creditors: amounts falling due within one year (1,064,805) (298,910)
Net current assets (liabilities) 3,455,620 3,189,890
Total assets less current liabilities 3,675,049 3,236,079
Total net assets (liabilities) 3,675,049 3,236,079
Capital and reserves
Called up share capital 4 2,153 2,170
Share premium account 3,479,292 3,554,023
Other reserves 127,424 -
Profit and loss account 66,180 (320,114)
Shareholders' funds 3,675,049 3,236,079
  • For the year ending 31 December 2015 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 21 September 2016

And signed on their behalf by:
JEAN CANZONERI, Director

OGURY LIMITED Registered Number 08904951

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover policy
Turnover represents income receivable from advertising campaigns carried out by the company. Income is recognised over the fixed period of advertising campaigns signed.

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

Fixtures and Fittings: 20% on cost
Computer Equipment: 33% on cost

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Profit and Loss account on a Straight line basis over the period of the lease.

2Tangible fixed assets
£
Cost
At 1 April 2015 43,688
Additions 55,398
Disposals (9,245)
Revaluations -
Transfers -
At 31 December 2015 89,841
Depreciation
At 1 April 2015 5,018
Charge for the year 15,874
On disposals (1,274)
At 31 December 2015 19,618
Net book values
At 31 December 2015 70,223
At 31 March 2015 38,670

3Fixed assets Investments
Investments other than loans

COST £
At 1 April 2015 7,519
Additions 141,687
At 31 December 2015 149,206

NET BOOK VALUE
At 31 December 2015 149,206
At 31 March 2015 7,519

4Called Up Share Capital
Allotted, called up and fully paid:
31/12/2015
£		 31/03/2015
£
2,152,735 Ordinary shares of £0.001 each (2,169,926 shares for 31/03/2015) 2,153 2,170