Abbreviated Company Accounts - A & O FINANCIAL SERVICES LIMITED

07231277 A & O FINANCIAL SERVICES LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 07231277 2015-05-01 2016-04-30 07231277 2016-04-30 07231277 2015-04-30 07231277 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 07231277 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 07231277

A & O FINANCIAL SERVICES LIMITED

Abbreviated Accounts

30 April 2016

A & O FINANCIAL SERVICES LIMITED Registered Number 07231277

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,407	1,727
		1,407	1,727
Current assets
Debtors		1,200	3,347
Cash at bank and in hand		31,574	13,089
		32,774	16,436
Creditors: amounts falling due within one year		(13,475)	(8,990)
Net current assets (liabilities)		19,299	7,446
Total assets less current liabilities		20,706	9,173
Provisions for liabilities		(281)	(345)
Total net assets (liabilities)		20,425	8,828
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		20,424	8,827
Shareholders' funds		20,425	8,828

For the year ending 30 April 2016 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 6 September 2016

And signed on their behalf by:
Mr A Burton, Director

A & O FINANCIAL SERVICES LIMITED Registered Number 07231277

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% Reducing balance

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an in-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 May 2015	5,129
Additions	150
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	5,279
Depreciation
At 1 May 2015	3,402
Charge for the year	470
On disposals	-
At 30 April 2016	3,872
Net book values
At 30 April 2016	1,407
At 30 April 2015	1,727

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1