Company Registration No. 09030616 (England and Wales)
DAVID OWENS CONSULTING LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
DAVID OWENS CONSULTING LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
DAVID OWENS CONSULTING LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Debtors
-
2,064
Cash at bank and in hand
68,038
15,653
68,038
17,717
Creditors: amounts falling due within one year
(62,744)
(5,132)
Total assets less current liabilities
5,294
12,585
Capital and reserves
Called up share capital
2
10
10
Profit and loss account
5,284
12,575
Shareholders' funds
5,294
12,585
For the financial Year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the Year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 5 June 2016
Mr D W Owens
Director
Company Registration No. 09030616
DAVID OWENS CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
2
Share capital
2016
2015
£
£
Allotted, called up and fully paid
10 Ordinary shares of £1 each
10
10
3
Transactions with directors
Included in other creditors is the balance of £143 (2015: £738) due to Mr D W Owens, company director, regarding expense claims not yet reimbursed and £0 (2015: £98) on the current account of Mr D W Owens, company director.
During the period dividends were paid to Mr D W Owens, company director, amounting to £150,000 (2015: £0).
4
Ultimate parent company
Throughout the current period the company was controlled by Mr D W Owens, company director, by virtue of owning 100% of the issued ordinary share capital.