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REGISTERED NUMBER: 04870140 (England and Wales)












OTA CONSULTING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2018






OTA CONSULTING LTD (REGISTERED NUMBER: 04870140)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OTA CONSULTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2018







DIRECTOR: J M Brayshaw



SECRETARY: Mrs C P Brayshaw



REGISTERED OFFICE: Shorrock House
1 Faraday Court
Fulwood
Preston
Lancashire
PR2 9NB



REGISTERED NUMBER: 04870140 (England and Wales)



ACCOUNTANTS: Rushtons
Chartered Accountants
Shorrock House
1 Faraday Court
Fulwood
Preston
Lancashire
PR2 9NB



BANKERS: Barclays Bank plc
1 St Andrews Square
Edinburgh
EH2 2BD

OTA CONSULTING LTD (REGISTERED NUMBER: 04870140)

ABRIDGED BALANCE SHEET
31 AUGUST 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,175 1,479

CURRENT ASSETS
Debtors 15,448 237
Cash at bank 56,507 41,661
71,955 41,898
CREDITORS
Amounts falling due within one year 38,693 30,643
NET CURRENT ASSETS 33,262 11,255
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,437

12,734

PROVISIONS FOR LIABILITIES 223 296
NET ASSETS 34,214 12,438

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 34,114 12,338
34,214 12,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

OTA CONSULTING LTD (REGISTERED NUMBER: 04870140)

ABRIDGED BALANCE SHEET - continued
31 AUGUST 2018


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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 2 November 2018 and were signed by:





J M Brayshaw - Director


OTA CONSULTING LTD (REGISTERED NUMBER: 04870140)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2018

1. STATUTORY INFORMATION

OTA Consulting Ltd is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the
Company Information page.

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.

This is the first year in which the financial statements have been prepared under FRS 102
Section 1A, there are no transitional adjustments. The financial statements are presented in
Sterling (£).

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Other equipment - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

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.

OTA CONSULTING LTD (REGISTERED NUMBER: 04870140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2018

2. ACCOUNTING POLICIES - continued

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. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2017 10,233
Additions 524
At 31 August 2018 10,757
DEPRECIATION
At 1 September 2017 8,754
Charge for year 828
At 31 August 2018 9,582
NET BOOK VALUE
At 31 August 2018 1,175
At 31 August 2017 1,479