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REGISTERED NUMBER: SC508755 (Scotland)









Unaudited Financial Statements

for the Year Ended 30 June 2018

for

OAMAAM Limited

OAMAAM Limited (Registered number: SC508755)






Contents of the Financial Statements
for the Year Ended 30 June 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OAMAAM Limited

Company Information
for the Year Ended 30 June 2018







DIRECTOR: J Marks





REGISTERED OFFICE: 3 Wellington Square
Ayr
Ayrshire
KA7 1EN





REGISTERED NUMBER: SC508755 (Scotland)





ACCOUNTANTS: Campbell Dallas
3 Wellington Square
Ayr
Ayrshire
KA7 1EN

OAMAAM Limited (Registered number: SC508755)

Balance Sheet
30 June 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Debtors 4 6,769 4,920
Cash at bank 4,120 10,462
10,889 15,382
CREDITORS
Amounts falling due within one year 5 10,195 15,008
NET CURRENT ASSETS 694 374
TOTAL ASSETS LESS CURRENT
LIABILITIES

694

374

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 594 274
SHAREHOLDERS' FUNDS 694 374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 31 October 2018 and were signed by:





J Marks - Director


OAMAAM Limited (Registered number: SC508755)

Notes to the Financial Statements
for the Year Ended 30 June 2018

1. STATUTORY INFORMATION

OAMAAM Limited is a private company, limited by shares , registered in Scotland. The company's registered number and
registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of offshore
inspection services supplied during the period, exclusive of Value Added Tax and any trade discounts if appropriate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that
it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 6,742 4,755
Prepayments and accrued income 27 165
6,769 4,920

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation 5,752 6,282
Directors' current accounts 4,443 8,726
10,195 15,008

OAMAAM Limited (Registered number: SC508755)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2018

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 July 2017 274
Profit for the year 24,320
Dividends (24,000 )
At 30 June 2018 594

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2018 and 30 June 2017:

2018 2017
£    £   
J Marks
Balance outstanding at start of year 8,726 8,528
Amounts advanced 3,467 198
Amounts repaid (7,750 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,443 8,726

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Marks.