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REGISTERED NUMBER: SC196730 (Scotland)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 October 2014

for

Office Wizards Limited
Office Wizards Limited (Registered number: SC196730)






Contents of the Financial Statements
for the Year Ended 31 October 2014




Page

Company Information 1

Report of the Directors 2

Profit and Loss Account 3

Balance Sheet 4

Notes to the Financial Statements 5

Office Wizards Limited

Company Information
for the Year Ended 31 October 2014







DIRECTORS: Mrs L E Hammond
Mrs S H W Kerr





SECRETARY: Mrs S H W Kerr





REGISTERED OFFICE: 44 Main Street
Douglas
Lanarkshire
ML11 0QW





REGISTERED NUMBER: SC196730 (Scotland)





ACCOUNTANTS: Tax Link
17 Wellgate Street
Larkhall
Lanarkshire
ML9 2AG
Office Wizards Limited (Registered number: SC196730)

Report of the Directors
for the Year Ended 31 October 2014

The directors present their report with the financial statements of the company for the year ended 31 October 2014.

INCORPORATION
The company was incorporated on 1 November 2000 and commenced trading on the same date.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 November 2013 to the date of this
report.

Mrs L E Hammond
Mrs S H W Kerr

Both the directors, being eligible, offer themselves for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating
to small companies.

ON BEHALF OF THE BOARD:





Mrs L E Hammond - Director


30 June 2015
Office Wizards Limited (Registered number: SC196730)

Profit and Loss Account
for the Year Ended 31 October 2014

Notes £    £   

TURNOVER 59,245

Cost of sales 1,802
GROSS PROFIT 57,443

Distribution costs 25
Administrative expenses 55,729
55,754
OPERATING PROFIT and
PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

1,689

Tax on profit on ordinary activities 3 463
PROFIT FOR THE FINANCIAL YEAR 1,226
Office Wizards Limited (Registered number: SC196730)

Balance Sheet
31 October 2014

Notes £    £   
FIXED ASSETS
Tangible assets 4 357

CURRENT ASSETS
Cash at bank 807

CREDITORS
Amounts falling due within one year 5 7,782
NET CURRENT LIABILITIES (6,975 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,618
)

CAPITAL AND RESERVES
Called up share capital 6 2
Other reserves 7 (7,846 )
Profit and loss account 7 1,226
SHAREHOLDERS' FUNDS (6,618 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).


The financial statements were approved by the Board of Directors on 30 June 2015 and were signed on its behalf by:





Mrs L E Hammond - Director

Office Wizards Limited (Registered number: SC196730)

Notes to the Financial Statements
for the Year Ended 31 October 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 33% on cost

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

2. OPERATING PROFIT

The operating profit is stated after charging:

£   
Depreciation - owned assets 441

Directors' remuneration and other benefits etc -

3. TAXATION

Analysis of the tax charge
The tax charge on the profit on ordinary activities for the year was as follows:
£   
Current tax:
UK corporation tax 463
Tax on profit on ordinary activities 463
Office Wizards Limited (Registered number: SC196730)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2014

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2013
and 31 October 2014 798
DEPRECIATION
Charge for year 441
At 31 October 2014 441
NET BOOK VALUE
At 31 October 2014 357
At 31 October 2013 798

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,018
Other creditors 5,764
7,782

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary 1 2

7. RESERVES
Profit
and loss Other
account reserves Totals
£    £    £   

At 1 November 2013 - (7,846 ) (7,846 )
Profit for the year 1,226 1,226
At 31 October 2014 1,226 (7,846 ) (6,620 )


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