Abbreviated Company Accounts - AXIS TWO LIMITED

04551248 AXIS TWO LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 04551248 2014-07-01 2015-06-30 04551248 2015-06-30 04551248 2014-06-30 04551248 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 04551248 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 04551248

AXIS TWO LIMITED

Abbreviated Accounts

30 June 2015

AXIS TWO LIMITED Registered Number 04551248

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		1,419,264	1,414,255
Debtors		657	4,972
Cash at bank and in hand		27,459	32,342
		1,447,380	1,451,569
Creditors: amounts falling due within one year		(1,241,409)	(1,213,674)
Net current assets (liabilities)		205,971	237,895
Total assets less current liabilities		205,971	237,895
Provisions for liabilities		0	(58,500)
Total net assets (liabilities)		205,971	179,395
Capital and reserves
Called up share capital	2	4	4
Profit and loss account		205,967	179,391
Shareholders' funds		205,971	179,395

For the year ending 30 June 2015 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 10 September 2015

And signed on their behalf by:
H Goldsobel, Director

AXIS TWO LIMITED Registered Number 04551248

Notes to the Abbreviated Accounts for the period ended 30 June 2015

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 comprises the proceeds of sales of properties held as trading stock, and rent and services receivable in the year.

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4