Abbreviated Company Accounts - OSSMANS LIMITED

03299515 OSSMANS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 03299515 2015-04-01 2016-03-31 03299515 2016-03-31 03299515 2015-03-31 03299515 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03299515 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03299515

OSSMANS LIMITED

Abbreviated Accounts

31 March 2016

OSSMANS LIMITED Registered Number 03299515

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,202	2,365
		4,202	2,365
Current assets
Debtors		178,861	66,626
Cash at bank and in hand		160,339	183,050
		339,200	249,676
Creditors: amounts falling due within one year		(167,408)	(129,939)
Net current assets (liabilities)		171,792	119,737
Total assets less current liabilities		175,994	122,102
Provisions for liabilities		(840)	(473)
Total net assets (liabilities)		175,154	121,629
Capital and reserves
Called up share capital	3	150	150
Profit and loss account		175,004	121,479
Shareholders' funds		175,154	121,629

For the year ending 31 March 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 31 December 2016

And signed on their behalf by:
M H L Ossman, Director

OSSMANS LIMITED Registered Number 03299515

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Fixtures and Fittings are depreciated at 20% on Net Realizable Value &
Computer Equipments are depreciated at 20% on Net Realizable Value.

2Tangible fixed assets

	£
Cost
At 1 April 2015	4,145
Additions	2,678
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	6,823
Depreciation
At 1 April 2015	1,780
Charge for the year	841
On disposals	-
At 31 March 2016	2,621
Net book values
At 31 March 2016	4,202
At 31 March 2015	2,365

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
150 Ordinary shares of £1 each	150	150