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REGISTERED NUMBER: 05559314 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 30th September 2016

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 2016




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 2016







DIRECTORS: Mr R A Gillett
Mrs J Gillett
Miss A L 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 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 28,125 31,250
Tangible assets 3 15,200 18,503
43,325 49,753

CURRENT ASSETS
Stocks 10,750 10,500
Debtors 40,078 34,601
Cash at bank and in hand 31,051 5,383
81,879 50,484
CREDITORS
Amounts falling due within one year 84,085 43,849
NET CURRENT (LIABILITIES)/ASSETS (2,206 ) 6,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,119

56,388

CREDITORS
Amounts falling due after more than one
year

-

(5,629

)

PROVISIONS FOR LIABILITIES (2,423 ) (2,981 )
NET ASSETS 38,696 47,778

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 38,596 47,678
SHAREHOLDERS' FUNDS 38,696 47,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2016 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 2016


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 30th April 2017 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 2016

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 January 2015).

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 2016

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st October 2015
and 30th September 2016 62,500
AMORTISATION
At 1st October 2015 31,250
Amortisation for year 3,125
At 30th September 2016 34,375
NET BOOK VALUE

At 30th September 2016 28,125
At 30th September 2015 31,250

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st October 2015
and 30th September 2016 40,159
DEPRECIATION
At 1st October 2015 21,656
Charge for year 3,303
At 30th September 2016 24,959
NET BOOK VALUE
At 30th September 2016 15,200
At 30th September 2015 18,503

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

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