Abbreviated Company Accounts - 100% OPEN LIMITED

Abbreviated Company Accounts - 100% OPEN LIMITED


Registered Number 07024145

100% OPEN LIMITED

Abbreviated Accounts

30 September 2016

100% OPEN LIMITED Registered Number 07024145

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 4,920 7,941
4,920 7,941
Current assets
Stocks - 100,000
Debtors 192,632 169,213
Cash at bank and in hand 195,854 169,370
388,486 438,583
Creditors: amounts falling due within one year (203,415) (198,393)
Net current assets (liabilities) 185,071 240,190
Total assets less current liabilities 189,991 248,131
Provisions for liabilities (984) -
Total net assets (liabilities) 189,007 248,131
Capital and reserves
Called up share capital 100 100
Profit and loss account 188,907 248,031
Shareholders' funds 189,007 248,131
  • For the year ending 30 September 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 2 February 2017

And signed on their behalf by:
Dr R Harwood, Director
D K Simoes-Brown, Director

100% OPEN LIMITED Registered Number 07024145

Notes to the Abbreviated Accounts for the period ended 30 September 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.

2Tangible fixed assets
£
Cost
At 1 October 2015 29,978
Additions 5,964
Disposals -
Revaluations -
Transfers -
At 30 September 2016 35,942
Depreciation
At 1 October 2015 22,037
Charge for the year 8,985
On disposals -
At 30 September 2016 31,022
Net book values
At 30 September 2016 4,920
At 30 September 2015 7,941