Abraxus Consultancy Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03254388 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 August 2014

for

ABRAXUS CONSULTANCY SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M N Barnes

REGISTERED OFFICE:

67 Wavendon Avenue

Chiswick

London

W4 4NT

REGISTERED NUMBER:

03254388 (England and Wales)

ACCOUNTANTS:

LBCo Ltd

16 Northfields Prospect

Putney Bridge Road

London

SW18 1PE

FIXED ASSETS

Tangible assets

2

3,670

2,463

CURRENT ASSETS

Debtors

8,075

17,793

Cash at bank

10,215

397

18,290

18,190

CREDITORS

Amounts falling due within one year

21,781

20,578

NET CURRENT LIABILITIES

(3,491

)

(2,388

)

TOTAL ASSETS LESS CURRENT LIABILITIES

179

75

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

177

73

SHAREHOLDERS' FUNDS

179

75

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 May 2015 and were signed by:

M N Barnes - Director

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 services, 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

15,971

Additions

3,297

At 31 August 2014

19,268

DEPRECIATION

At 1 September 2013

13,508

Charge for year

2,090

At 31 August 2014

15,598

NET BOOK VALUE

At 31 August 2014

3,670

At 31 August 2013

2,463

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTOR'S ADVANCES

The following advances and credits to a director subsisted during the years ended 31 August 2014 and

31 August 2013:

31.8.14

31.8.13

£

£

M N Barnes

Balance outstanding at start of year

6,369

-

Amounts advanced

92,242

136,652

Amounts repaid

(97,240

)

(130,283

)

Balance outstanding at end of year

1,371

6,369