OTT Group Limited - Accounts to registrar - small 17.1.1
OTT Group Limited - Accounts to registrar - small 17.1.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2016 |
| for |
| OTT Group Limited |
| OTT Group Limited (Registered number: 07792585) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| OTT Group Limited |
| Company Information |
| for the Year Ended 31 December 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| 119 The Hub |
| 300 Kensal Road |
| London |
| W10 5BE |
| OTT Group Limited (Registered number: 07792585) |
| Balance Sheet |
| 31 December 2016 |
| 31.12.16 | 31.12.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Investments | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| OTT Group Limited (Registered number: 07792585) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2016 |
| 1. | STATUTORY INFORMATION |
| OTT Group Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared on a going concern basis as the company has been given the continued |
| financial support of its directors. On this basis, the directors consider it appropriate to prepare the financial |
| statements on a going concern basis. The financial statements do not include any adjustments that would result |
| from a withdrawal of the directors support. |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| It is the company's policy to commence depreciation on fixed assets from the date on which they are considered |
| to be in full working order and therefore generating revenues. This policy has been consistently applied in the |
| company accounts.During the year ending 31/12/2014, no depreciation was charged on a new website, as the |
| website was not fully functioning and therefore not in use by the balance sheet date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2016 |
| Additions |
| At 31 December 2016 |
| DEPRECIATION |
| At 1 January 2016 |
| Charge for year |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.16 | 31.12.15 |
| £ | £ |
| Trade debtors |
| Other debtors |
| OTT Group Limited (Registered number: 07792585) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2016 |
| 6. | CURRENT ASSET INVESTMENTS |
| 31.12.16 | 31.12.15 |
| £ | £ |
| Shares in group undertakings |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.16 | 31.12.15 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.16 | 31.12.15 |
| £ | £ |
| Other creditors |
| 9. | RELATED PARTY DISCLOSURES |
| Ms J Feuell : A director of the company. |
| At 31 December 2015, the company owed £6,360 to Julia Feuell being an unsecured loan granted to the |
| company on an interest-free basis. The loan was fully repaid on 15 April 2016. |
| New Frontiers Recruitment Limited : A company under common control |
| At the year end date 31 December 2016, the company owed £2,252 to New Frontiers Recruitment Limited |
| (Balance at 31 December 2015: £14,235). |
| G R Potts : A director of the company |
| At 31 December 2015, the company owed £570 to Graham Potts being an unsecured loan granted to the |
| company on an interest-free basis. The loan was fully repaid on 20 May 2016. |
| P Brooks: A director of the company |
| At 31 December 2015, the company owed £3,070 to Peter Brooks being an unsecured loan granted to the |
| company on an interest-free basis. The loan was fully repaid on 15 April 2016. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |