Axiom Systems Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07898655 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 FEBRUARY 2015 TO 31 JULY 2015

FOR

AXIOM SYSTEMS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C J Stephenson

SECRETARY:

Mrs A F Stephenson

REGISTERED OFFICE:

90 High Street

Kelvedon

Colchester

Essex

CO5 9AA

REGISTERED NUMBER:

07898655 (England and Wales)

ACCOUNTANTS:

B W Whiffin & Co Ltd

90 High Street

Kelvedon

Colchester

Essex

CO5 9AA

FIXED ASSETS

Tangible assets

2

-

3,212

CURRENT ASSETS

Debtors

1,586

12,887

Cash at bank

167,143

121,010

168,729

133,897

CREDITORS

Amounts falling due within one year

65,465

29,558

NET CURRENT ASSETS

103,264

104,339

TOTAL ASSETS LESS CURRENT LIABILITIES

103,264

107,551

PROVISIONS FOR LIABILITIES

-

642

NET ASSETS

103,264

106,909

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

103,254

106,899

SHAREHOLDERS' FUNDS

103,264

106,909

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

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

The director acknowledges his 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 director on 22 November 2015 and were signed by:

C J Stephenson - 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 services, 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.

Plant and machinery etc

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

6,828

Additions

1,236

Disposals

(8,064

)

At 31 July 2015

-

DEPRECIATION

At 1 February 2015

3,616

Charge for period

1,110

Eliminated on disposal

(4,726

)

At 31 July 2015

-

NET BOOK VALUE

At 31 July 2015

-

At 31 January 2015

3,212

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.1.15

value:

£

£

10

Ordinary £1.00 Shares

£1.00

10

10