Company Registration No. 06504620 (England and Wales)
OMNI PLANTS (UK) LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
OMNI PLANTS (UK) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
OMNI PLANTS (UK) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
31 March 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
17,978
13,783
Current assets
Stocks
86,696
140,157
Debtors
166,074
113,960
Cash at bank and in hand
190
252,960
254,117
Creditors: amounts falling due within one year
(229,579)
(200,216)
Net current assets
23,381
53,901
Total assets less current liabilities
41,359
67,684
Creditors: amounts falling due after more than one year
(56,906)
(66,583)
(15,547)
1,101
Capital and reserves
Called up share capital
3
101
101
Profit and loss account
(15,648)
1,000
Shareholders' funds
(15,547)
1,101
For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has 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 18 July 2014
A M Worrall
Director
Company Registration No. 06504620
OMNI PLANTS (UK) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
- 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 April 2008).
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.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2013
34,331
Additions
13,495
Disposals
(10,450)
At 31 March 2014
37,376
Depreciation
At 1 April 2013
20,550
On disposals
(7,144)
Charge for the year
5,992
At 31 March 2014
19,398
Net book value
At 31 March 2014
17,978
At 31 March 2013
13,783
OMNI PLANTS (UK) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2014
- 3 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary 'A' shares of £1 each
100
100
1 Ordinary 'B' share of £1 each
1
1
101
101