Fresh Traxxx Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03741449 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

Fresh Traxxx Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G N Bickford

B J Wharton

J P Hands

C M B Wharton

SECRETARY:

C M B Wharton

REGISTERED OFFICE:

5 Trent Close

Yeovil

Somerset

BA21 5XG

REGISTERED NUMBER:

03741449 (England and Wales)

ACCOUNTANTS:

Eggleston Wiley LLP

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Tangible assets

2

3,854

12,834

CURRENT ASSETS

Debtors

5,143

-

Cash at bank

5,797

3,034

10,940

3,034

CREDITORS

Amounts falling due within one year

132,387

144,718

NET CURRENT LIABILITIES

(121,447

)

(141,684

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(117,593

)

(128,850

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(117,693

)

(128,950

)

SHAREHOLDERS' FUNDS

(117,593

)

(128,850

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 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 13 November 2015 and were signed on its behalf by:

B J Wharton - 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 represent net invoiced sales of holidays with a start date in the accounting period, less 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 and 15% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

58,473

Disposals

(21,668

)

At 31 August 2014

36,805

DEPRECIATION

At 1 September 2013

45,639

Charge for year

815

Eliminated on disposal

(13,503

)

At 31 August 2014

32,951

NET BOOK VALUE

At 31 August 2014

3,854

At 31 August 2013

12,834

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

100

Ordinary

1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the Company owed £126,042 (2013: £130,766) to its directors in respect of their loan accounts.

The loans are interest free and repayable on demand.