Oakhill Publishing Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05387076

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

OAKHILL PUBLISHING LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

2,377

3,273

CURRENT ASSETS

Debtors

150,993

141,677

Cash at bank

209,810

282,522

360,803

424,199

CREDITORS

Amounts falling due within one year

193,911

219,092

NET CURRENT ASSETS

166,892

205,107

TOTAL ASSETS LESS CURRENT LIABILITIES

169,269

208,380

PROVISIONS FOR LIABILITIES

475

655

NET ASSETS

168,794

207,725

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

167,794

206,725

SHAREHOLDERS' FUNDS

168,794

207,725

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 22 August 2014 and were signed on its behalf by:

J R Batson - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, and is recognised when the company

considers it has obtained the right to consideration.

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

-

25% on reducing balance

Deferred tax

The charge for deferred tax takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. Deferred tax is recognised in respect of all

timing differences that have originated but not reversed at the balance sheet date. Deferred taxation is measured

on a non-discounted basis at the rates that are expected to apply in the periods in which the timing differences

reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

9,081

Additions

582

Disposals

(1,500

)

At 31 March 2014

8,163

DEPRECIATION

At 1 April 2013

5,808

Charge for year

652

Eliminated on disposal

(674

)

At 31 March 2014

5,786

NET BOOK VALUE

At 31 March 2014

2,377

At 31 March 2013

3,273

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

1,000

1,000