Connexinet Limited - Limited company - abbreviated

REGISTERED NUMBER: 05464514 (England and Wales)

CONNEXINET LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D H Milns

S H Milns

SECRETARY:

D H Milns

REGISTERED OFFICE:

5-7 Station Hill

Oakengates

Telford

Shropshire

TF2 9AA

REGISTERED NUMBER:

05464514 (England and Wales)

CURRENT ASSETS

Stocks

1,000

Debtors

3,747

7,300

Cash at bank

31,512

25,524

36,259

33,824

CREDITORS

Amounts falling due within one year

22,830

25,604

NET CURRENT ASSETS

13,429

8,220

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,429

8,220

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

13,428

8,219

SHAREHOLDERS' FUNDS

13,429

8,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 19 October 2015 and were signed on its behalf by:

D H Milns - 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 goods, 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

-

25% on straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

2,210

DEPRECIATION

At 1 June 2014

and 31 May 2015

2,210

NET BOOK VALUE

At 31 May 2015

-

At 31 May 2014

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

1

Ordinary

£1

1

Connexinet Limited - Limited company - abbreviated - 11.6

Connexinet Limited - Limited company - abbreviated - 11.6