Abbreviated Company Accounts - INTRAX DEVELOPMENT LTD

NOVARGI TRADING LTD - Company Information

05629660 INTRAX DEVELOPMENT LTD 2013-11-30 false 2012-12-01 2013-11-30 true 05629660 2012-12-01 2013-11-30 05629660 2013-11-30 05629660 2012-11-30 05629660 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 05629660 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 05629660

INTRAX DEVELOPMENT LTD

Abbreviated Accounts

30 November 2013

INTRAX DEVELOPMENT LTD Registered Number 05629660

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	777	898
		777	898
Current assets
Debtors		792	-
Cash at bank and in hand		1,780	6,913
		2,572	6,913
Creditors: amounts falling due within one year		(10,989)	(5,475)
Net current assets (liabilities)		(8,417)	1,438
Total assets less current liabilities		(7,640)	2,336
Total net assets (liabilities)		(7,640)	2,336
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(7,642)	2,334
Shareholders' funds		(7,640)	2,336

For the year ending 30 November 2013 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.

Approved by the Board on 28 August 2014

And signed on their behalf by:
Mr A Saud, Director

INTRAX DEVELOPMENT LTD Registered Number 05629660

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 25% Straight line
Equipment - 25% Straight line

Other accounting policies
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Going concern
These Financial Statements have been prepared under the Going Concern basis, subject to the continued support of the company's bank and directors.

2Tangible fixed assets

	£
Cost
At 1 December 2012	6,064
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	6,064
Depreciation
At 1 December 2012	5,166
Charge for the year	121
On disposals	-
At 30 November 2013	5,287
Net book values
At 30 November 2013	777
At 30 November 2012	898

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2