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REGISTERED NUMBER: 05559314 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 30th September 2014

for

O'Pen Office Solutions Limited
O'Pen Office Solutions Limited (Registered number: 05559314)






Contents of the Abbreviated Accounts
for the year ended 30th September 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4
O'Pen Office Solutions Limited

Company Information
for the year ended 30th September 2014







DIRECTORS: Mr R A Gillett
Mrs J Gillett





REGISTERED OFFICE: 3 Turpin Green Lane
Leyland
Lancashire
PR25 3HA





REGISTERED NUMBER: 05559314 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE
O'Pen Office Solutions Limited (Registered number: 05559314)

Abbreviated Balance Sheet
30th September 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 34,375 37,500
Tangible assets 3 22,516 24,609
56,891 62,109

CURRENT ASSETS
Stocks 12,750 12,950
Debtors 41,335 44,602
Cash at bank and in hand 20,589 10,431
74,674 67,983
CREDITORS
Amounts falling due within one year 60,823 49,310
NET CURRENT ASSETS 13,851 18,673
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,742

80,782

CREDITORS
Amounts falling due after more than one
year

(8,035
)
(10,441
)

PROVISIONS FOR LIABILITIES (3,616 ) (3,997 )
NET ASSETS 59,091 66,344

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 58,991 66,244
SHAREHOLDERS' FUNDS 59,091 66,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.
O'Pen Office Solutions Limited (Registered number: 05559314)

Abbreviated Balance Sheet - continued
30th September 2014


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 8th May 2015 and were signed on its behalf by:




Mr R A Gillett - Director



Mrs J Gillett - Director

O'Pen Office Solutions Limited (Registered number: 05559314)

Notes to the Abbreviated Accounts
for the year ended 30th September 2014

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property - Straight line over 10 years
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

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.
O'Pen Office Solutions Limited (Registered number: 05559314)

Notes to the Abbreviated Accounts - continued
for the year ended 30th September 2014

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st October 2013
and 30th September 2014 62,500
AMORTISATION
At 1st October 2013 25,000
Amortisation for year 3,125
At 30th September 2014 28,125
NET BOOK VALUE

At 30th September 2014 34,375
At 30th September 2013 37,500

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st October 2013 37,330
Additions 2,829
At 30th September 2014 40,159
DEPRECIATION
At 1st October 2013 12,721
Charge for year 4,922
At 30th September 2014 17,643
NET BOOK VALUE
At 30th September 2014 22,516
At 30th September 2013 24,609

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

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