Abbreviated Company Accounts - LUXAR LTD

06250279 LUXAR LTD 2014-03-31 false 2013-04-01 2014-03-31 true 06250279 2013-04-01 2014-03-31 06250279 2014-03-31 06250279 2013-03-31 06250279 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06250279 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06250279

LUXAR LTD

Abbreviated Accounts

31 March 2014

LUXAR LTD Registered Number 06250279

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,971	2,724
		1,971	2,724
Current assets
Stocks		78,623	10,000
Debtors		373,437	127,457
Cash at bank and in hand		7,209	-
		459,269	137,457
Creditors: amounts falling due within one year		(275,431)	(131,274)
Net current assets (liabilities)		183,838	6,183
Total assets less current liabilities		185,809	8,907
Creditors: amounts falling due after more than one year		0	0
Total net assets (liabilities)		185,809	8,907
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		184,809	7,907
Shareholders' funds		185,809	8,907

For the year ending 31 March 2014 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 20 August 2014

And signed on their behalf by:
A Thorburn, Director

LUXAR LTD Registered Number 06250279

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible Assets have been reviewed for imparment and any diminution in value has been reflected in the
carrying value.
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates
calculated to write off the cost or valuation less estimated residual value of each asset over its expected
useful life, as follows:
Computer equipment - 33% reducing balance
Motor vehicles - 25% Reducing balances

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Tangible fixed assets

	£
Cost
At 1 April 2013	5,088
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2014	5,088
Depreciation
At 1 April 2013	2,364
Charge for the year	753
On disposals	0
At 31 March 2014	3,117
Net book values
At 31 March 2014	1,971
At 31 March 2013	2,724

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

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000