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IRIS Accounts Production v17.1.0.1158 SC535830 director 19.5.16 31.5.17 31.5.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC5358302016-05-18SC5358302017-05-31SC5358302016-05-192017-05-31SC5358302016-05-18SC535830ns15:Scotland2016-05-192017-05-31SC535830ns14:PoundSterling2016-05-192017-05-31SC535830ns10:Director12016-05-192017-05-31SC535830ns10:PrivateLimitedCompanyLtd2016-05-192017-05-31SC535830ns10:SmallEntities2016-05-192017-05-31SC535830ns10:AuditExemptWithAccountantsReport2016-05-192017-05-31SC535830ns10:SmallCompaniesRegimeForDirectorsReport2016-05-192017-05-31SC535830ns10:SmallCompaniesRegimeForAccounts2016-05-192017-05-31SC535830ns10:FullAccounts2016-05-192017-05-31SC535830ns10:CompanySecretary12016-05-192017-05-31SC535830ns10:RegisteredOffice2016-05-192017-05-31SC535830ns5:CurrentFinancialInstruments2017-05-31SC535830ns5:ShareCapital2017-05-31SC535830ns5:RetainedEarningsAccumulatedLosses2017-05-31SC535830ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-05-31SC535830ns10:Director112016-05-18SC535830ns10:Director112016-05-192017-05-31SC535830ns10:Director112017-05-31


REGISTERED NUMBER: SC535830 (Scotland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 19 MAY 2016 TO 31 MAY 2017

FOR

OCL-MK LIMITED

OCL-MK LIMITED (REGISTERED NUMBER: SC535830)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 19 May 2016 to 31 May 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

OCL-MK LIMITED

COMPANY INFORMATION
for the Period 19 May 2016 to 31 May 2017







DIRECTOR: M Kane





SECRETARY:





REGISTERED OFFICE: c/o Mark Toma & Co
48 Nithsdale Road
Glasgow
G41 2AN





REGISTERED NUMBER: SC535830 (Scotland)





ACCOUNTANTS: Mark Toma & Company Limited
Chartered Accountants & Business Advisers
48 Nithsdale Road
Glasgow
G41 2AN

OCL-MK LIMITED (REGISTERED NUMBER: SC535830)

BALANCE SHEET
31 May 2017

Notes £   
CURRENT ASSETS
Debtors 4 5,863
Cash at bank 2,749
8,612
CREDITORS
Amounts falling due within one year 5 8,569
NET CURRENT ASSETS 43
TOTAL ASSETS LESS CURRENT
LIABILITIES

43

CAPITAL AND RESERVES
Called up share capital 10
Retained earnings 33
SHAREHOLDERS' FUNDS 43

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2017 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 30 June 2017 and were signed by:





M Kane - Director


OCL-MK LIMITED (REGISTERED NUMBER: SC535830)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 19 May 2016 to 31 May 2017

1. STATUTORY INFORMATION

Ocl-mk 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.

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

Taxation
Taxation for the period 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 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 1,285
Other debtors 4,578
5,863

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 7,825
Other creditors 744
8,569

OCL-MK LIMITED (REGISTERED NUMBER: SC535830)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 19 May 2016 to 31 May 2017

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 May 2017:

£   
M Kane
Balance outstanding at start of period -
Amounts advanced 4,578
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 4,578

7. ULTIMATE CONTROLLING PARTY

The controlling party is M Kane.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
OCL-MK LIMITED

The following reproduces the text of the report prepared for the director and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Ocl-mk Limited for the period ended 31 May 2017 which comprise the Income Statement,
Balance Sheet, and the related notes from the company's accounting records and from information and explanations you
have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the director of Ocl-mk Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ocl-mk Limited and state those matters that we have agreed to state to the director of Ocl-mk Limited in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Ocl-mk Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ocl-mk Limited. You consider that Ocl-mk Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Ocl-mk Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mark Toma & Company Limited
Chartered Accountants & Business Advisers
48 Nithsdale Road
Glasgow
G41 2AN


30 June 2017