Abbreviated Company Accounts - OS BUSINESS SOLUTIONS LTD

OS BUSINESS SOLUTIONS LTD - Company Information

07151938 OS BUSINESS SOLUTIONS LTD 2016-02-28 false 2015-03-01 2016-02-28 true 07151938 2015-03-01 2016-02-28 07151938 2016-02-28 07151938 2015-02-28 07151938 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 07151938 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:Director3 2015-03-01 2016-02-28 uk-gaap-cd-bus:Director3 2016-02-28 uk-gaap-cd-bus:Director3 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 07151938

OS BUSINESS SOLUTIONS LTD

Abbreviated Accounts

28 February 2016

OS BUSINESS SOLUTIONS LTD Registered Number 07151938

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,799	1,974
		1,799	1,974
Current assets
Debtors	3	3,406	1,633
Cash at bank and in hand		2,340	1,634
		5,746	3,267
Creditors: amounts falling due within one year	4	(3,126)	(1,586)
Net current assets (liabilities)		2,620	1,681
Total assets less current liabilities		4,419	3,655
Total net assets (liabilities)		4,419	3,655
Capital and reserves
Called up share capital	5	2	2
Profit and loss account		4,417	3,653
Shareholders' funds		4,419	3,655

For the year ending 28 February 2016 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 24 November 2016

And signed on their behalf by:
Mr Owen Sutton, Director

OS BUSINESS SOLUTIONS LTD Registered Number 07151938

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared in accordance with applicable United Kingdom law and accounting standards. The particular accounting policies adopted, which have been applied consistently in the current and prior periods, are described below.

Turnover policy
Turnover represents sale of goods and services, net of VAT, based on the terms of sales agreements made with the shareholders of the Company.

Tangible assets depreciation policy
Depreciation is provided at the annual rate in order to write off each asset over its estimated useful life for computer and electronic equipment at 25% on cost.

2Tangible fixed assets

	£
Cost
At 1 March 2015	8,996
Additions	2,765
Disposals	0
Revaluations	0
Transfers	0
At 28 February 2016	11,761
Depreciation
At 1 March 2015	7,022
Charge for the year	2,940
On disposals	0
At 28 February 2016	9,962
Net book values
At 28 February 2016	1,799
At 28 February 2015	1,974

Depreciation is provided at the annual rate in order to write off each asset over its estimated useful life for computer and electronic equipment at 25% on cost.

3Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	3,406	1,633

4Creditors

	2016 £	2015 £
Secured Debts	3,126	1,586

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2

6Transactions with directors

Name of director receiving advance or credit:	Owen Sutton
Description of the transaction:	Director's advances and credits
Balance at 1 March 2015:	£ 1,200
Advances or credits made:	£ 840
Advances or credits repaid:	£ 1,000
Balance at 28 February 2016:	£ 1,040