Abbreviated Company Accounts - OVENGLO LTD

Abbreviated Company Accounts - OVENGLO LTD

OVENGLO LTD - Company Information

Print Friendly Version

Registered Number 05361735

OVENGLO LTD

Abbreviated Accounts

28 February 2014

OVENGLO LTD Registered Number 05361735

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,348 1,798
1,348 1,798
Current assets
Debtors 4,282 2,282
Cash at bank and in hand 6,168 6,108
10,450 8,390
Creditors: amounts falling due within one year (7,589) (10,205)
Net current assets (liabilities) 2,861 (1,815)
Total assets less current liabilities 4,209 (17)
Provisions for liabilities (283) (283)
Total net assets (liabilities) 3,926 (300)
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,826 (400)
Shareholders' funds 3,926 (300)
  • For the year ending 28 February 2014 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 27 November 2014

And signed on their behalf by:
Mr D Gowers, Director

OVENGLO LTD Registered Number 05361735

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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.

Turnover policy
Turnover is based on invoiced sales and is not subject to VAT

Tangible assets depreciation policy
Plant and vehicles are depreciated at 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 March 2013 12,397
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2014 12,397
Depreciation
At 1 March 2013 10,599
Charge for the year 450
On disposals -
At 28 February 2014 11,049
Net book values
At 28 February 2014 1,348
At 28 February 2013 1,798