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ONIONRING LIMITED




Company Registration Number:
05425679 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2009

End date: 31st March 2010

SUBMITTED

ONIONRING LIMITED

Company Information
for the Period Ended
31st March 2010




Director: Terence Maycock
Roberta Maycock
Company secretary: Terence Maycock
Registered office: 10 Mentmore Gardens, Appleton
Warrington
Cheshire
WA4 3HF
Company Registration Number: 05425679 (England and Wales)

ONIONRING LIMITED

Abbreviated Balance sheet
As at 31st March 2010

Notes 2010
£
2009
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 3 13,077 18,855
Total fixed assets: 13,077 18,855
Current assets
Stocks: 0 0
Debtors: 4 7,268 7,662
Cash at bank and in hand: 16,523 5,883
Total current assets: 23,791 13,545
Creditors
Creditors: amounts falling due within one year 5 30,002 17,631
Net current assets (liabilities): ( 6,211 ) ( 4,086 )
Total assets less current liabilities: 6,866 14,769
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 .0
Total net assets (liabilities): 6,866 14,769

The notes form part of these financial statements

ONIONRING LIMITED

Abbreviated Balance sheet
As at 31st March 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 6 2 2
Profit and Loss account: 6,864 14,767
Total shareholders funds: 6,866 14,769

For the year ending 31 March 2010 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 14 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Terence Maycock
Status: Director

The notes form part of these financial statements

ONIONRING LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2007).

    Turnover policy

    The turnover shown in the profit and loss account represents the value of all services sold during the period, less credits given, at a selling price excluding Value Added Tax.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Cost represents purchase price together with any incidental costs of acquisition.

  • 3. Tangible assets

    Total
    Cost £
    At 01st April 2009: 25,140
    Additions: 676
    Disposals: 0
    At 31st March 2010: 25,816
    Depreciation
    At 01st April 2009: 6,285
    Charge for year: 6,454
    At 31st March 2010: 12,739
    Net book value
    At 31st March 2010: 13,077
    At 31st March 2009: 18,855

  • 4. Debtors

    2010
    £
    2009
    £
    Trade debtors: 7,268 7,199
    Other debtors: - 463
    Total: 7,268 7,662

  • 5. Creditors: amounts falling due within one year

    2010
    £
    2009
    £
    Taxation and social security: 16,697 6,522
    Accruals and deferred income: 12,771 9,254
    Other creditors: 534 1,855
    Total: 30,002 17,631

  • 6. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1 2
    Total share capital: 2
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1 2
    Total share capital: 2
  • 8. Related party disclosures

    Name of related party: Mr Maycock
    Relationship: Director
    Description of the transaction: Provided services totalling £260 to the company