Abbreviated Company Accounts - GOLDEX VENTURES LIMITED

GOLDEX VENTURES LIMITED - Company Information

Registered Number 06509450

GOLDEX VENTURES LIMITED

Abbreviated Accounts

28 February 2015

GOLDEX VENTURES LIMITED Registered Number 06509450

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	281	375
		281	375
Current assets
Debtors		138,791	115,574
Cash at bank and in hand		237,888	179,293
		376,679	294,867
Creditors: amounts falling due within one year		(157,787)	(98,820)
Net current assets (liabilities)		218,892	196,047
Total assets less current liabilities		219,173	196,422
Total net assets (liabilities)		219,173	196,422
Capital and reserves
Called up share capital		1	1
Profit and loss account		219,172	196,421
Shareholders' funds		219,173	196,422

For the year ending 28 February 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 31 July 2015

And signed on their behalf by:
Rickin Gadani, Director

GOLDEX VENTURES LIMITED Registered Number 06509450

Notes to the Abbreviated Accounts for the period ended 28 February 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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% Reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 March 2014	500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	500
Depreciation
At 1 March 2014	125
Charge for the year	94
On disposals	-
At 28 February 2015	219
Net book values
At 28 February 2015	281
At 28 February 2014	375