Abbreviated Company Accounts - HOROX COMMUNICATIONS LIMITED

Abbreviated Company Accounts - HOROX COMMUNICATIONS LIMITED

HOROX COMMUNICATIONS LIMITED - Company Information

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Registered Number 06853690

HOROX COMMUNICATIONS LIMITED

Abbreviated Accounts

31 March 2015

HOROX COMMUNICATIONS LIMITED Registered Number 06853690

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 - -
Tangible assets 3 4,923 4,100
4,923 4,100
Current assets
Debtors 24,663 36,454
Cash at bank and in hand 386,877 327,873
411,540 364,327
Creditors: amounts falling due within one year (27,155) (29,015)
Net current assets (liabilities) 384,385 335,312
Total assets less current liabilities 389,308 339,412
Total net assets (liabilities) 389,308 339,412
Capital and reserves
Called up share capital 100 100
Profit and loss account 389,208 339,312
Shareholders' funds 389,308 339,412
  • For the year ending 31 March 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 18 December 2015

And signed on their behalf by:
T Horrocks, Director

HOROX COMMUNICATIONS LIMITED Registered Number 06853690

Notes to the Abbreviated Accounts for the period ended 31 March 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixture & fittings - 20% of net realizable value , Computer equipment - 25% of net realizable value.

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of five years.

2Intangible fixed assets
£
Cost
At 1 April 2014 9,375
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 9,375
Amortisation
At 1 April 2014 9,375
Charge for the year -
On disposals -
At 31 March 2015 9,375
Net book values
At 31 March 2015 0
At 31 March 2014 0
3Tangible fixed assets
£
Cost
At 1 April 2014 9,288
Additions 2,404
Disposals -
Revaluations -
Transfers -
At 31 March 2015 11,692
Depreciation
At 1 April 2014 5,188
Charge for the year 1,581
On disposals -
At 31 March 2015 6,769
Net book values
At 31 March 2015 4,923
At 31 March 2014 4,100