OFH Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC339992 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

OFH Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

W J MacLeod

Mrs M A MacLeod

SECRETARY:

Mrs M A MacLeod

REGISTERED OFFICE:

11 Forvie Court

Collieston

Ellon

ABERDEENSHIRE

AB41 8SG

REGISTERED NUMBER:

SC339992 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

ABERDEENSHIRE

AB41 9LJ

CURRENT ASSETS

Stocks

8,285

6,783

Debtors

-

4,859

Cash at bank

24,244

11,998

32,529

23,640

CREDITORS

Amounts falling due within one year

32,227

20,447

NET CURRENT ASSETS

302

3,193

TOTAL ASSETS LESS CURRENT
LIABILITIES

302

3,193

CAPITAL AND RESERVES

Called up share capital

2

10

Profit and loss account

292

3,183

SHAREHOLDERS' FUNDS

302

3,193

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 December 2016 and were signed on its behalf by:

W J MacLeod - 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

10

Ordinary

£1.00

10